First Financial Donates Historic Building For Restoration

Posted: Updated:
(photo courtesy Indiana Landmarks) (photo courtesy Indiana Landmarks)

Terre Haute-based First Financial Corp. (Nasdaq: THFF) has donated the more than century-old building that previously served as its main office to Indiana Landmarks. The parent of First Financial Bank says once the building has been restored, it will serve as the new home of the CANDLES Holocaust Museum and Education Center.

The building at 643 Wabash Avenue in downtown Terre Haute was built in 1903. It served as the bank's main office headquarters for 60 years until the bank moved into its current facility in 1988. Since then, its space has been shared by the Terre Haute Chamber of Commerce, the Wabash Valley Community Foundation, the Terre Haute Economic Development Corp., the Terre Haute Convention & Visitors Bureau and the western regional office of Indiana Landmarks.

Indiana Landmarks says it and CANDLES approached First Financial about donating the building in 2016.

"We knew that CANDLES needed more space and wanted to move downtown," said Indiana Landmarks President Marsh Davis. "And having been a tenant in the old First National building many years ago, we thought it could be an ideal location for CANDLES. We’re grateful to the bank for helping us pursue our vision."

In addition to donating the building, which is listed on the National Register of Historic Places, the bank is also contributing $110,000 to help Indiana Landmarks begin the renovation process. Davis adds former Indiana Landmarks board member Fred Nation first encouraged to organization to pursue the restoration of the building.

"The saving of a historic building is more than preserving a structure," said Nation. "It is finding a new use for a landmark that stands for the character and history of the community. Instead of going to a landfill, this majestic structure will continue to build memories for and serve new generations as Terre Haute's downtown continues to regain vitality."

A timeline for the renovation process was not provided.

  • Perspectives

    • Patten is managing partner of Patten Consulting Group.

      How Murray The Cat Improved My Management Perspective

      Strategic planning likely occupies a fair amount of your time right now, particularly in the fourth quarter of an unusual year. As 2019 nears, so does talk of a possible recession, a renewed presidential election cycle and other issues that may be driving an urgent sense of a need for change at your company or organization. As one with several years in C-level executive positions, I've been brought in to...



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • Bags From Train Seats Put PUP in National Marketplace

      An Indianapolis-based nonprofit that creates wallets, handbags and backpacks from reclaimed materials is launching a nationally-focused line of products for the first time. People for Urban Progress, which sells hand-made items from materials including the fabric from the old Hoosier Dome and signage from when Indianapolis hosted the Super Bowl, is repurposing leather from the seats in Amtrak's Boston to Washington D.C. Acela Express trains. The new line includes...

    • The Impact of Technology on Economic Development Policy

      In a world where technology is enabling almost everything, economic development policy makers are faced with several challenges when planning and implementing strategies for economic growth. Communities, regions and states must be able to adapt programs and initiatives to address the economic disruption caused by technology. In particular, investments in tech and talent are vital to ensuring economic growth and wealth creation for residents and businesses throughout the world.

    • Indy, Atlanta Vie For Future FFA Conventions

      As the National FFA kicks of its National Convention and Expo in Indianapolis this week, the organization, and Indy convention planners, have an eye to what city will host future events. The 91st edition of the FFA convention is expected to attract nearly 70,000 attendees from every state in the nation, and pack a $40 million economic impact in the region. The lucrative event is committed to Indianapolis through 2024. Chief Executive Officer Mark Poeschl says...

    • United Way Names VP of Public Policy

      United Way of Central Indiana has named Mindi Goodpaster vice president of public policy. She will lead the organization's work to advocate for public policies that help eliminate barriers to education, financial stability, health and basic needs in our community. Goodpaster previously served as director of public policy and advocacy for the Marion County Commission on Youth.