You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Twitter 2Q results soar, stock flies high
      NEW YORK – The little blue bird is flying high.
  • Toyota remains at top in sales after first half
      TOKYO – Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S.
  • Local GM cancels 4 shifts
    A lack of parts has forced officials at General Motors Co.’s Allen County truck assembly plant to cancel at least four shifts this week.But workers will have to make up the unexpected time off.
Advertisement

Muncie bank buys Fort Wayne mortgage company

MutualBank of Muncie has agreed to acquire Summit Mortgage Inc. of Fort Wayne, the bank has announced.

The price was not disclosed.

The transaction has received regulatory approvals and is expected to close in August, the bank said in a statement.

Shawn McArdle and Vicki Reed will continue to manage Summit Mortgage as president and vice president, respectively, the statement said.

Advertisement