Filed Pursuant to Rules 424(b)(3) and 424(c)
                                                                File No. 2-72249




              PROSPECTUS SUPPLEMENT NO. 2 DATED SEPTEMBER 21, 2001
                        TO PROSPECTUS DATED APRIL 4, 1994



                           IRWIN FINANCIAL CORPORATION

              DIVIDEND REINVESTMENT AND COMMON STOCK PURCHASE PLAN



     This  Prospectus   Supplement  should  be  read  in  conjunction  with  the
Prospectus  dated April 4, 1994 and the Prospectus  Supplement No. 1, dated June
14,  2001  (collectively,  the  "Prospectus").  The last  sentence  of the first
paragraph  under the caption  "Statement of Available  Information" on page 2 of
the Prospectus is superseded by the following sentence:



          In addition, the Common Stock is traded on the New York Stock Exchange
          under the symbol "IFC."



     Likewise,  all references in the Prospectus to the "National Association of
Securities  Dealers  Automated  Quotations  System--National  Market  System" or
"Nasdaq" now refer to the New York Stock Exchange or NYSE, respectively.



     NEITHER THE  SECURITIES AND EXCHANGE  COMMISSION  NOR ANY STATE  SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS   SUPPLEMENT  OR  THE   PROSPECTUS  IS  TRUTHFUL  OR  COMPLETE.   ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.





Dated September 21, 2001