INDIANAPOLIS — State Bank is set to join Ed Carpenter as a sponsor for the 108th Running of the Indianapolis 500, Ed Carpenter Racing announced Monday.
State Bank, an independently owned and operated community bank in Central Indiana, has joined the team as an associate partner and will be featured prominently on Carpenter’s No. 20 Chevrolet.
“We are very excited to welcome State Bank to our team for the Month of May!” Carpenter stated. “We had a great experience with State Bank for financing our building, as well as other assets, and are thrilled that they are fully a part of our team. We are looking forward to doing great things together this May!”
State Bank began in 1910 with a single location in Lizton, Indiana. Today, it has grown into a premier community bank serving individuals, families and local businesses throughout Hendricks, Boone, Hamilton and Tippecanoe counties.
“We have admired Ed as a Hoosier and power force at the Indianapolis Motor Speedway,” stated Mike Baker, President and CEO of State Bank. “We are thrilled about our expanded relationship and are looking forward to a great Month of May!”
One of the most experienced drivers in the field, the 2024 edition of the Indianapolis 500 will be Carpenter’s 21st attempt.