INDIANAPOLIS--(BUSINESS WIRE)--Family-owned and Indiana-based Salin Bank & Trust Company today announced that Bill Salin, II is retiring from active full-time service with Salin Bank & Trust Company. He will remain a director for Salin Bank and Salin Bancshares, Inc. This transition will allow Salin to pursue other family interests while maintaining a strategic and vital role with the bank.
“We thank Bill for his dedicated years of service as President and Chief Executive Officer,” says Bill Salin, Sr., Salin Bank’s Founder and Chairman of the Board. “We know he will continue to excel in his duties as a valuable board member for the bank and the holding company.”
James P. Alender has been named President and Chief Executive Officer of Salin Bank. Alender has served on the bank’s board since 2003 and as Executive Vice President, Chief Operating Officer since October 2014. Alender has proven his leadership throughout his career in banking and healthcare.
His banking career included stints at Key Bank as the district president and at Society National Bank serving in the same capacity. He also served as a senior vice president for Ameritrust National Bank in Indianapolis and Union Bank and Trust in Kokomo.
Alender is a graduate of the Krannert School of Industrial Management at Purdue University in West Lafayette, Indiana, where he received a Bachelor of Science Degree in Economics and Marketing. He is a graduate of the School of Banking from the University of Wisconsin in Madison, Wisconsin.
Alender has served as an adjunct faculty member at Indiana University Kokomo and is an associate member of the American College of Health Care Executives. He received the 2003 Northern Indiana Regents Award from the latter and was named the 2003 Hospital Administrator of the Year. In addition, he is a recipient of the Indiana University School of Public and Environmental Affairs Service Award and the Indiana University Kokomo Distinguished Service Award.
Alender is actively involved with the Indiana University-Kokomo Advisory Board. He also is a past board member of the Greater Kokomo Economic Development Alliance. He remains active with the Kokomo Noon Rotary Club, American College Healthcare Executives, and the Kokomo Country Club. Past community board affiliations include the Kokomo Country Club, United Way of Howard County, the Community Foundation of Howard County, Howard Regional Health System Hospital Foundation, and the YWCA.
Alender’s appointment as President and Chief Executive Officer allows the Salin family the time to complete the bank’s succession plan for upcoming generations.
About Salin Bank and Trust Company
Salin Bank & Trust Company is a family-owned community bank and one of the top 10 chartered banks in Indiana with assets of more than $750 million. Salin Bank operates 19 banking locations in 10 Indiana counties serving Columbus, Delphi, Edinburgh, Fishers, Flora, Fort Wayne, Galveston, Gas City, Indianapolis, Kokomo, Lafayette, Logansport, Marion, and West Lafayette.
