IAB announces stock offering, 1Q financial report, board members

April 26, 2014

FORT WAYNE — Independent Alliance Banks, Inc., the holding company of iAB Financial Bank, announced this week that it intends to conduct an offering of up to 200,000 shares of its common stock. The proceeds from the offering will be primarily used to provide additional capital to iAB Financial Bank, support future stock redemptions, and encourage expansion of IAB’s shareholder base.

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