Terre Haute Savings Bank Will Change Its Name To Reflect Its Hometown Commitment
Terre Haute Savings Bank President, Bart Colwell, announced today that to emphasize its commitment to the individual communities it serves, the bank will be changing its name to “The Hometown Savings Bank” in February 2022. Colwell remarked, “Terre Haute Savings Bank has been an integral part of the fabric of Terre Haute since 1869. As THSB has grown over the years, in addition to our various Terre Haute locations we have added branches in the communities of Brazil, Riley and West Terre Haute. With that growth, we believe that it is the right time for our bank’s name to reflect its ongoing commitment to serve our hometown of Terre Haute, where the bank’s charter will always remain, in addition to each community in which THSB operates.
We want ‘The Hometown Savings Bank’ name to focus upon our mission of being the local community bank of choice as we bring the personal banking experience to every hometown in which we do business.”
Colwell went on to say, “THSB is the same bank with the same staff. We have significant customer recognition of the THSB brand, and our new name will allow us to retain that THSB brand familiarity for our customers. We are excited to adopt a name that reflects our pledge and commitment to provide hometown community banking services to each location where the bank operates now and to any community into which the bank might expand in the future.
THSB believes in each community in which we operate, and the name ‘The Hometown Savings Bank’ underscores that belief.”
Colwell emphasized that customers will receive the same personal service from THSB they are accustomed to. They will keep their same account numbers, direct deposits and withdrawals will occur in the same account as usual, the bank’s ABA Routing and Transit Number will not change, and customers will continue to use their current supply of checks. The new name simply emphasizes to all communities where THSB operates, both now and in the future, THSB’s hometown banking heritage gained over 152 years.
THSB provides traditional commercial, mortgage, retail banking, and Trust services, along with digital and online banking, to customers at 8 locations, including North Terre Haute, West Terre Haute, the Southside location on Highway 41, 25th and Poplar, Westminster Village, Brazil, and Riley in addition to its Main Office at 533 Ohio Street.
FAQs
Why is Terre Haute Savings Bank changing its name?
We want “The Hometown Savings Bank” name to generate increased focus upon our mission of being the local community bank of choice as we bring the personal banking experience to every hometown in which we do business. We are excited to adopt a name that reflects our pledge and commitment to provide hometown banking services to each location where the bank operates now and to any community into which the bank might expand in the future.
Is THSB leaving Terre Haute or selling?
ABSOLUTELY NOT is the answer to both questions! Terre Haute Savings Bank has been an integral part of the fabric of Terre Haute since 1869 and the bank’s charter will always remain in Terre Haute. With our growth, we believe that it is the right time for our bank’s name to reflect its ongoing commitment to serve our hometown of Terre Haute in addition to each community in which THSB operates now and in the future.
What will be different?
Primarily the bank’s name. THSB is the same bank with the same staff. We have significant customer recognition of the THSB brand, and our new name will allow us to retain that THSB brand familiarity for our customers.
What will change for me?
Customers will receive the same personal service from THSB they are accustomed to. Customers will keep their same account numbers, direct deposits and withdrawals will occur in the same account as usual, the bank’s ABA Routing and Transit Number will not change, and customers will continue to use their current supply of checks. Beginning in February, when checks are reordered, they will simply reflect the new name with the same account number and ABA Routing and Transit number. New debit cards will be issued to all customers in late January 2022, though existing cards can be used until February 28, 2022. All customers will receive notification from THSB in January, by mail or by email, informing them of the name change and issuance of new debit cards, with the FAQs attached to that
communication.
