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Hi and welcome to JA. Ray here to help you today.
Indiana does recognize such a POA for finances.It is possible a particular bank doesn't accept the POA but in general a POA like the one below in item E covers such situations and it should be accepted as valid here by the institutions.There is no law that compels them to accept it but generally they do.
Sample one see item E here.
Thanks again for the chance to help , let me know if you have more follow up.It appears you were given bad information here.