Arnold Assumes New Role at Home Bank
President and CEO Lisa Arnold announced that Bonnie Arnold has assumed the role of Director of Community Funding Development at Home Bank. Arnold will be facilitating the bank’s participation in programs by the Federal Home Loan Bank of Indianapolis which support affordable housing and community development on an individual, small business, and community level.
Arnold most recently served as a commercial underwriter at Home Bank, joining that organization following a 25-year career with Eli Lilly. Her community involvement has been extensive and included board membership for WellSpring Center and Habitat for Humanity of Morgan County. Arnold is an instructor for Dave Ramsey’s Financial Peace University, as well as a tax preparation specialist for low-income households through the United Way. She was also invited to represent Morgan County as a United Way Torchbearer for the Indiana Bicentennial Torch Relay in 2016. Arnold is a graduate of Purdue University.
Community Investment Programs of the FHLBank of Indianapolis provide funding for large-scale affordable housing projects, small business development, and a variety of options to support the entire cycle of homeownership. Qualified first-time buyers may receive assistance with down payments and closing costs, current homeowners may receive assistance for allowable home repairs, and seniors and the disabled may be eligible for funds to complete approved accessibility modification which allow them to remain in their home.
Individuals or organizations with questions about these programs may contact Arnold at barnold@homebanksb.com or 765-558-3840.
About Home Bank SB
Home Bank SB was chartered in 1890 as a mutual institution which essentially means that it is owned by its depositors. Without private ownership or stockholders, the bank’s profits are allocated entirely to its capital reserves, resulting in greater fiscal strength and resources for community support. Home Bank serves South Central Indiana with offices in Morgan, Hendricks and Johnson Counties.