German American Bank announces plans to merge with a southeastern Indiana bank group.
The Jasper-based bank operates 37 retail banking offices in 13 southern Indiana counties.
German American has agreed to merge with River Valley Financial Bank and keep the “German American” name.
River Valley, which is based in Madison, operates 13 full service banking offices in southeast Indiana plus one in Kentucky.
The deal is vauled at $83.5 million.