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Financial Services

Symbolized by our 60-plus years as counsel to the Federal Home Loan Bank-Indianapolis, Krieg DeVault has been involved in every major event that has shaped the evolution of Indiana’s financial institutions. In addition to leading commercial and investment banks, our clients include specialty finance companies, insurance carriers and agents, broker-dealers, and investment advisers. Our team includes former bank executives and in-house counsel, leaders of and advisers to financial industry organizations, and public policy advocates. We thus have the comprehensive resources to advise on all financial institution operational and regulatory needs including loan documentation, employee relations, new product development, corporate financing, and regulatory supervision and enforcement. A special strength is our representation of more than 125 financial institutions in their mergers, conversions, intra-state and interstate acquisitions, de novo organizations, branch purchases, tender offers, and holding company formations. Whatever the issue, we are well qualified to understand and meet the needs of financial institutions.

Crane Credit Union

Acquisition of Community State Bank of Southwestern Indiana

Merchants Bancorp

$175 Million Public Offering of Preferred Stock

Old National Bancorp

Acquisition of St. Paul, Minnesota-Based Anchor Bancorp, Inc. by Merger

Teachers Credit Union

Acquisition of New Buffalo Savings Bank

First Merchants Bank

Working Capital Financing Extended to enVista, LLC and enVista Interactive Solutions, LLC

Federal Home Loan Bank of Des Moines

Negotiated Software System Agreement and Implementation with External Vendor

First State Bank

Acquisition of Trust Business of Farmers State Bank 

Old National Bancorp

Acquisition of Klein Financial, Inc.

Merchants Bancorp

Acquisition of Farmers-Merchants National Bank of Paxton, Illinois

The National Bank of Indianapolis

Construction Financing for Milhaus, LLC Mixed-Use Project (Indianapolis, IN)

Associated Bank, National Association

Construction Financing Extended to Aria Zionsville, LLC for Multi-Family Project (Zionsville, IN)

Merchants Bancorp

Construction and Tax Credit Financing Extended to Bottleworks District, LLC

Lake City Bank

Financing Extended to J.C. Hart Company Affiliate for Multifamily Project (in Broad Ripple, Indiana) Known as “The Line - Urban Flats on the Monon”

BMO Harris Bank N.A.

Construction Financing Extended to Ford TWG, LLC (The Whitsett Group) for Mixed-Use Project at former Ford Assembly Plant

Busey Bank

Construction Financing Extended to Scannell Properties #386, LLC for Industrial Warehouse Space for Pepsi Co. (Indianapolis, IN)

First Financial Bank

Acquisition and Bridge Financing Extended to Market East Portfolio, LLC  for Office Buildings and Parking Facilities (Indianapolis, IN)

PNC Bank, National Association

Construction Financing Extended to Ardmore, LLC for Mixed-Use Project

Wells Fargo Bank

Secured Credit Facilities extended to Urschel Laboratories, Inc.

KeyBank National Association

Syndicated Financing Involving ESOP Formation for Envision Radiology

Lake City Bank

Acquisition Financing for the AT&T Building (Indianapolis, IN) 

BMO Harris Bank N.A.

Project Financing regarding Monon Lofts (TWG Development, LLC)

Associated Bank, National Association

Syndicated Construction Financing for Cityscape Residential Multi-Family Project (Louisville, KY)

Merchants Bancorp

Low Income Housing Tax Credit Equity Fund for Merchants Capital Investments, LLC

Indiana Members Credit Union

Acquisition of Commerce Bank

Lake City Bank

Credit Facilities Extended to LaPorte FC, LLC Involving Construction Loan, Bridge Loan, TIF, Bonds and Tax Credits for Mixed-Use Project

Associated Bank, National Association

Syndicated Construction Financing Extended to Fort Living, LLC for 261-Unit Multi-Family Project in Lawrence, IN

First Financial Bank

Syndicated Construction Financing Extended to Mt. Comfort Building I, LLC and Mt. Comfort Building II, LLC for Industrial Buildings

Old National Bank

Financing Extended to 1260 IP Med LLC for the Construction of a Facility for OrthoIndy

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