Does 1st Source pay their employees well?

According to anonymously submitted Glassdoor reviews, 1st Source employees rate their compensation and benefits as 3.0 out of 5. Find out more about salaries and benefits at 1st Source. This rating has decreased by 6% over the last 12 months.

How satisfied are employees working at 1st Source?

75% of 1st Source employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated 1st Source 3.5 out of 5 for work life balance, 3.8 for culture and values and 3.7 for career opportunities.

What are the pros of working at 1st Source according to real employee reviews?

"the People are friendly, and always willing to help." ((in 20 reviews)); "They offer great benefits and are family oriented." ((in 7 reviews)); "Great people coworkers and managers were great" ((in 5 reviews)); "Great work environment, always happy to help and improve in your intended role." ((in 5 reviews)); "Great Coworkers to work with." ((in 4 reviews))

What are the cons of working at 1st Source according to real employee reviews?

"Low pay" ((in 15 reviews)); "Poor management" ((in 8 reviews)); "Health insurance is expensive and not very good." ((in 5 reviews)); "Upper management is completely out of touch with their employee base." ((in 5 reviews)); "The compensation is laughable for a college grad.... for all the crazy training they make you do & for how sloooowwww (sometimes) or "i'm going insane we are so busy" stressful times" ((in 4 reviews))

What are employees saying about 1st Source layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about 1st Source layoffs and their outlook for job security at 1st Source in 2026.

What are the top reviewed 1st Source locations?

South Bend , Fort Wayne , Valparaiso , Hebron , Elkhart , Chesterton , Portage , Mishawaka , Colorado Springs , Buffalo , Niles , Middlebury , Lafayette , Mill Creek , Westville , Macy , Bremen , New Carlisle , Warsaw , Irvine

1st Source reviews

3.6

75% would recommend to a friend

(180 total reviews)

Chris Murphy III

76% approve of CEO

78% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

1st Source has an employee rating of 3.6 out of 5 stars, based on 180 company reviews on Glassdoor which indicates that most employees have a good working experience there. The 1st Source employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

180 reviews

5.0

Dec 15, 2022

Excellence

Customer service associate (csa)

Recommend

CEO approval

Business Outlook

Pros

Well thought out systems to prevent errors. Great staff Good learning and growing environment

Cons

Training is in south bend (paid for time of travel and mileage)

4.0

Oct 25, 2022

High potential for mobility, some systemic management issues

Treasury product manager

Recommend

CEO approval

Business Outlook

Pros

Often promote from within, average tenure is well above what I've seen elsewhere, size of Bank is small enough to allow individuals to make a real impact while large enough to have security and stability, some great people who genuinely care about what they do, high integrity

Cons

Salaries are wildly variable even for same positions, raises are meager unless they are tied to promotion, healthcare benefits are pretty costly, depending on the area "bad apples" are not weeded out and end up crippling/ poisoning teams

3.0

Oct 19, 2022

Decent place

Credit analyst

Recommend

CEO approval

Business Outlook

Pros

Great people and great environment

Cons

Long hours and minimal pay increases

Viewing 64 - 66 of 180 Reviews

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1st Source

1st Source reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Excellence

High potential for mobility, some systemic management issues

Decent place

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