INDIANAPOLIS--(BUSINESS WIRE)--Family owned and Indiana-based Salin Bank & Trust Company today announced that William Kennedy has joined Salin Bank as Vice President, Portfolio Manager.
“With more than 35 years of corporate banking experience, Bill brings a wealth of professional knowledge of the banking industry to his new position,” says Michael Greer, Salin Bank Executive Vice President - Director of Commercial Banking. “We are extremely pleased to have Bill on board.”
Most recently, Kennedy served as Vice President and one of two Senior Credit Officers for CIBM Bank, which operates as Marine Bank in both the Indianapolis and Milwaukee markets and as Central Illinois Bank in and around Champaign and adjacent areas of the state of Illinois.
Prior to that, Kennedy’s banking background began in 1978 as an Assistant Vice President of Commercial Lending for the Communications Finance Division of Indianapolis Morris Plan Corporation (IMPC). Over the next 10 years, Kennedy served in numerous roles with IMPC, eventually reaching the position of Director of Commercial Lending.
In 1988, Kennedy joined Merchants National Bank as a Vice President and Department Manager, with responsibilities for providing financial resources to the communications industry. Subsequent positions at National City Bank (having acquired Merchants in 1991) included asset-based lending, small business banking and focusing on meeting the needs of the bank’s largest corporate clients.
In late 2000, upon having a desire to work for a community bank, Kennedy left National City to join Harrington Bank as Senior Vice President of Corporate Lending. He remained there until the bank was purchased by First National Bank and Trust of Kokomo (now BMO Harris Bank) in early 2002.
In his new position with Salin Bank, Kennedy will be responsible for maintaining existing commercial business relationships and developing new ones. His focus will be to assist the bank in growing commercial loans, business checking accounts, and additional banking service products, as well as monitoring and supporting existing loans, performing periodic credit reviews and analyzing loans for covenant compliance.
“Salin Bank has seen growing demand by businesses to work with a locally owned community bank where decisions are made quickly right here in Indiana. Kennedy will help us better serve these businesses with his in-depth knowledge of business banking, plus extensive credit and business development skills. We’re excited to welcome him to our Salin team,” Salin Bank’s Greer adds.
Kennedy completed his undergraduate studies at Purdue University, where he received a Bachelor’s of Science degree in Management, followed by an MBA from Butler University.
About Salin Bank & Trust Company
Salin Bank & Trust Company is one of Indiana’s largest family owned community banks, with more than $750 million in assets. Salin Bank & Trust Company operates 21 banking center locations in 10 Indiana counties serving Columbus, Delphi, Edinburgh, Flora, Fort Wayne, Galveston, Gas City, Kokomo, Lafayette, Logansport, Marion, West Lafayette, Fishers and Indianapolis. Recently, the bank has expanded its business lending efforts in Johnson, Monroe and Bartholomew Counties.