MainSource
Acquisition in 2018
MainSource Bank was a commercial banking institution that offered a variety of financial services, including accepting deposits and providing consumer, commercial, agribusiness, and real estate mortgage loans. The bank also offered safe deposit facilities, personal and corporate trust services, and other corporate services such as letters of credit and repurchase agreements. With approximately 80 branch offices, MainSource operated primarily in Indiana, Illinois, Ohio, and Kentucky. Additionally, it had several non-banking subsidiaries, including MainSource Insurance, LLC, Insurance Services Marketing, LLC, MainSource Title, LLC, MainSource Risk Management, Inc., and New American Real Estate, LLC. However, MainSource is no longer active as a banking institution.
Oak Street Funding
Acquisition in 2015
Oak Street Funding LLC specializes in providing commercial financing solutions tailored for the insurance and financial advisory sectors. Established in 2003 and based in Carmel, Indiana, the company offers a variety of products, including retail agency loans, MGA-broker loans, and premium financing. Their offerings encompass amortizing loans, interest-only loans, lines of credit, acquisition loans, and working capital solutions, designed to meet the unique capital needs of agents, agencies, managing general agents (MGAs), and program administrators across the United States. In addition to financing, Oak Street Funding also provides third-party loan servicing for financial institutions, enhancing its comprehensive support for clients in these industries.