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Indiana Trust Company is committed to providing professional development opportunities to all levels of our staff.  We believe careful attention to training and development of our employees, helps us to serve our clients and can insure that the skills of the Indiana Trust Company workforce keep pace with the changes in the financial industry.
 
Congratulations to the followiing Indiana Trust Company employees on their success in the following Cannon Financial Institute classes.
 
(Cannon Financial institute provides technical education in all areas of Trust operations, investment management, compliance, audit, and risk management).

 

Diana Smiley 129web

Diana Smiley - Trust I

KathyClark July2010

Kathy Clark - Trust Tax I

Katie Hammond 2016

Katie Hammond - Trust Audit,
Compliance & Risk Management I

Mary Klute

Mary Klute - Trust II

We want to pass along info on the Equifax security breach and what steps to consider even though INDIANA TRUST & INVESTMENT MANAGEMENT COMPANY HAS NOT HAD A SECURITY ISSUE.  We encourage you to read the article linked at the bottom to see what steps you can take if you are affected.
 
Clink on the link below to read the full article
 
The Markets
 
Equities in August saw many peaks and valleys throughout the month, finally rallying at the end of the month.  Strong second-quarter gross domestic product (GDP) figures, steady job gains, and increased consumer spending sent stocks higher, despite stagnant inflation and heavy personal and financial losses caused by Hurricane Harvey.  The large caps of the S&P 500 and Dow posted marginal monthly gains with the tech-heavy Nasdaq leading the way closing August up 1.27%.  The small caps of the Russell 2000 continued to lag, falling 1.39% from its July closing value.  The Global Dow inched down 0.32% for the month, but is still strong year-to-date, up over 12.50%.  The prices of 10-year Treasuries climbed, sending yields lower.
 
By the close of trading on August 31, the price of crude oil (WTI) was $47.07 per barrel, down from the July 31 price of $40.18 per barrel.  The national average retail regular gasoline price was $2.399 per gallon on August 28, up from the July 31 selling price of $2.352 and $0.162 more than a year ago.  The price of gold increased by the end of August, closing at $1,327.20 on the last trading day of the month, up $51.60 from its July 31 price of $1,275.60.
 
Click on the link below to read the full story

August Market Month

It has been reported that Equifax, a major credit reporting agency, has been hacked.  Click the links below to find out what this means to you and how you can determine if you have been impacted by the breach.
 
 

 

Minnetrista Board 1

Brad LaTour was recently elected to the board of directors for Minnetrista, a museum center for cultural exploration located in Muncie, IN.  Brad is proud to represent shared values with Minnetrista, including family & relationships, stewardship, and learning.  He is pictured here with Richard Crist, board chair (left) and Betty Brewer, President and CEO of Minnetrista (right). Website: minnetrista.net.