Salin Bank & Trust Company

What Salin Bank & Trust Company does

Salin Bank & Trust Company is a private, for-profit community bank headquartered in Indianapolis, Indiana. Founded in 1902, the firm operates with a staff of 51-100 employees and positions itself as a general-purpose banking institution offering deposit, loan, and mortgage services to retail and small-business customers. Its corporate website is salin.com. No information regarding branch network, geographic footprint beyond Indianapolis, product breadth, fee-income mix, asset size, or customer segmentation was disclosed in the provided input.

The company's business model is that of a traditional community bank: it accepts deposits and extends loans, capturing net interest income as its primary revenue stream, supplemented by mortgage origination activity. Distribution is presumed to be primarily branch-based with standard digital banking channels, though specific channel details were not provided. There is no indication of a holding company structure, parent entity, or institutional investor ownership in the input.

The provided input also contains a substantial structured dataset labeled "Horizon Bank" (Michigan City, Indiana; SBA-recognized regional bank), which appears to be a separate entity and is not incorporated into this description. No funding rounds, M&A transactions, leadership changes, regulatory actions, or partnership activity are documented for Salin Bank & Trust Company in the supplied records, limiting the ability to characterize strategic posture, growth trajectory, or competitive positioning beyond its founding-era and headcount signals.

Name

Salin Bank & Trust Company

Legal name

Horizon Bank

Website

https://salin.com

Company type

Private

Founded year

1902

Operating status

Operating

Headcount range

51–100 employees

Short description

Salin Bank & Trust Company is a privately held, Indianapolis-based community bank founded in 1902 that provides deposit, loan, and mortgage services to individuals and small businesses with a staff of 51-100 employees.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industry

Ultra-High-Net-Worth (UHNW) Private Banking (FSABADAA)

Keywords

• Community banking
• Mortgage lending
• Consumer loans
• Personal banking
• Banking services

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including mortgages, home equity loans, auto loans, personal loans, and business loans
2. Deposit Products: Interest-bearing deposits including checking accounts, savings accounts, money market accounts, and certificates of deposit
3. Wealth Management and Trust Services: Fee-based wealth management, financial planning, investment management, estate planning, and trust services
4. Treasury Management Services: Business banking services including ACH origination, merchant processing, lockbox services, and fraud protection
5. Credit Card Services: Personal and business credit card offerings
6. SBA Lending: Small Business Administration loan programs including 7(a) and other SBA financing options

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Salin Bank & Trust Company is a banking company that offers banking, loan and mortgage services. Founded in 1902, the firm is headquartered in Indianapolis, Indiana, and operates with 51-100 employees serving the United States market.

Product overview

Horizon Bank offers a comprehensive banking platform with personal, business, and wealth management products. The core personal banking suite includes checking, savings, CDs, IRAs, and Health Savings Accounts. Lending products span mortgages, home equity, auto loans, and personal loans. Business banking encompasses checking, savings, business loans, SBA loans, equipment financing, franchise financing, and medical practice financing. Treasury management services include receivables (Remote Deposit, Merchant Processing, LockBox, Smart Safe), disbursements (ACH Origination, Online Bill Pay, Wire Transfers), and fraud protection (Positive Pay). Wealth management provides investment management, financial planning, insurance services, and estate and trust services. Digital banking is delivered through online and mobile platforms with mobile check deposit capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Banking Services General banking services offered by Salin Bank & Trust Company to customers in Indianapolis, Indiana, including standard deposit and transaction account products.
• Loan Services Consumer and personal loan products offered by Salin Bank & Trust Company.
• Mortgage Services Mortgage lending services offered by Salin Bank & Trust Company to home buyers and owners.

Quantifiable outcome

• Up to 3.75% APY on select CD products
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• U.S. Small Business Administration (SBA)coreStrategic or Co-development PartnerHorizon Bank maintains a strategic partnership with the SBA as an approved lender, participating in SBA 7(a) and other small business loan programs. The bank has been recognized with multiple honors at the SBA Michigan District Lender Awards, indicating a significant lending relationship and commitment to small business community development.

Scale indicators3 records

Recent moves1 record

Direct peers

• Horizon Bank: An Indiana-based community bank offering personal banking, business banking, SBA lending, treasury management, and wealth/trust services across branches and digital channels — a near-parallel community-bank peer operating in the same regional Midwest market with a similar product set.
• 1st Source Bank: Indiana-headquartered community bank serving consumers, businesses, and wealth management clients with deposit, lending, and trust services — highly comparable in scale, geography, and product breadth to Salin Bank & Trust.
• Centier Bank: Indiana-based, family-owned community bank providing personal and business banking, mortgage, and wealth management services — closely comparable to Salin on community-bank positioning, multi-generational customer base, and full-service offering.
• Lake City Bank: Northern Indiana community bank offering personal, business, and wealth management services across a regional branch network — comparable to Salin on community-bank focus, lending, and trust capabilities.
• First Financial Bank: Indiana-headquartered community bank providing consumer, commercial, mortgage, and wealth services across the Midwest — directly comparable to Salin on full-service community banking and trust offerings.
• German American Bank: Indiana-headquartered community bank serving consumers, businesses, and wealth clients across southern Indiana and adjacent markets — comparable peer in scale, customer segments, and product breadth.
• First Merchants Bank: Indiana-based community bank with personal banking, commercial lending, wealth management, and trust services across the Midwest — closely comparable peer to Salin in geography and product scope.
• MutualBank: Indiana-based community bank providing personal, business, mortgage, and wealth services — comparable to Salin as a regional Indiana community bank with similar full-service offering.

Broad incumbents

• Old National Bank: Large Indiana-headquartered regional bank with personal, business, wealth, and capital markets services — a broader incumbent whose Indiana community-banking franchise overlaps meaningfully with Salin's market.
• BMO Harris Bank: Major Midwest regional bank with extensive Indiana retail, business banking, and wealth management presence — a larger incumbent competing for the same Indianapolis consumer, SMB, and wealth customers as Salin.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/salin_bank
• Facebookfacebook.com/salin-bank-385411594815988

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Salin Bank & Trust Company