Pay raises announced for employees of Greensburg-based bank

Employees of a Greensburg-based bank will see a raise as a result of tax reform. MainSource Financial Group announced Wednesday that it will raise the starting pay and minimum hourly rate to $15 an hour effective, immediately. This company says that this new rate is for all of its non-exempt, non-commissioned employees. In a press release, MainSource directly attributed this change to the recently passed tax bill, which sharply lowers corporate tax rates. The release states that this pay increase will affect over 200 of the company’s approximately 1,000 associates in Ohio, Indiana, Illinois and Kentucky.

Archie M. Brown, Jr., President and CEO, stated, “The recently passed tax legislation is anticipated to create significant savings for our company. We are pleased to direct a portion of this savings back to many of our employees with a meaningful increase in pay.”

MainSource Financial Group operates 94 full-service offices through its banking subsidiary, MainSource Bank in Greensburg.