1st Source Bank — H1B Visa Sponsor Profile
H1B Visa Sponsorship Overview
1st Source Bank, based in South Bend, IN, has filed 20 H1B labor condition applications with the U.S. Department of Labor since FY2008. According to USCIS data, the company has an overall 100.0% petition approval rate, with 1 approvals and 0 denials for initial employment petitions.
The average salary offered on H1B applications is $59,248. This is -25.6% compared to the national median salary of $100,730 for the most common position, Loan Officers.
1st Source Bank has also filed 3 green card (PERM) applications, with 0 certified, indicating long-term sponsorship commitment for foreign workers. Green Card Sponsor
1st Source Bank operates in the Management of Companies and Enterprises industry.
H1B Salaries by Job Title
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| Loan Officers | 7 | $74,976 | $100,730 | -25.6% Below Market |
| Financial Analysts | 4 | $53,055 | $76,540 | -30.7% Below Market |
| Database Administrators | 2 | $56,437 | N/A | N/A |
| CREDIT ANALYSTS | 1 | $42,016 | $62,540 | -32.8% Below Market |
USCIS Approval History
| Year | Initial Approved | Initial Denied | Approval Rate |
|---|---|---|---|
| FY2013 | 1 | 0 | 100.0% |
Work Locations
Green Card (PERM) Sponsorship
1st Source Bank has filed 3 PERM applications for permanent labor certification, with 0 certified.
| Job Title | Applications | Certified | Avg Salary |
|---|---|---|---|
| 1 | 0 | $63,000 | |
| 1 | 0 | $41,600 | |
| Loan Officers | 1 | 0 | $27,560 |