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Centier Bank celebrates 130th anniversary

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Henry Schrage founded the institution as the Bank of Whiting on April 21, 1895.

Centier Bank, Merrillville, marked its 130th anniversary in April.

Henry Schrage founded the institution as the Bank of Whiting on April 21, 1895, with $35,000 of capital (approximately $1.3 million in today’s money). Now in its fifth generation of family ownership, Centier Bank is Indiana’s largest private, family-owned bank, with roughly $8.9 billion in total assets.

The bank has more than 60 offices in 35 communities across 12 counties and employs more than 1,000 associates.

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