SOURCE: Salin Bank & Trust Company

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October 27, 2015 12:04 ET

Salin Bank Strengthens Its Wealth Management Team With Addition of Two New Financial Planning Experts

John Coughlin and William Varanka to Focus on Growing Bank's Trust and Investment Services

INDIANAPOLIS, IN--(Marketwired - October 27, 2015) - Family-owned and Indiana-based Salin Bank & Trust Company today announced the appointments of John Coughlin and William Varanka to Vice Presidents, Wealth Management Business Development Officers.

"Both John and William are seasoned wealth management and investment professionals," says Salin Bank's Robin Walker, Executive Vice President, Chief Administration Officer. "Their experience and insight will be invaluable in positioning Salin Bank as a financial partner to our customers."

Prior to joining Salin Bank, Coughlin served as Vice President and Business Development Officer for First Financial Bank where he was responsible for all new wealth management business in the state of Indiana for the areas of Private Wealth, Personal Trust, and Retirement Plan Services.

Before that, Coughlin held the position of Vice President and Business Development Officer at Regions Bank from 2007 to 2013. During his time there, Coughlin was responsible for institutional and private wealth for new and existing business in the three-state area of Indiana, Illinois, and Kentucky. In addition, he coordinated all new business development activities in the Wealth Management Group, including uncovering opportunities, developing relationships and building client teams. Coughlin's efforts consistently placed him in the top five of BDOs in the company, helping him achieve Chairman's Club, Triple Crown, and Sales Achievement awards.

Varanka's entry into the financial services industry began in 1993. Most recently, he served as Vice President, Wealth Management Officer, for First Midwest Bank. Among his responsibilities, William developed relationships with the Commercial Loan team; implemented a Continuing Education program for attorneys and accountants to increase awareness of his Department; built an external network of referral sources in Northwest Indiana and the Chicago area.

Prior to that, Varanka held the position of Vice President, Trust Officer at Horizon Trust & Investment Management. As part of his job, William led expansion into a new market by increasing the bank's presence in Central Indiana; focused on helping high-net worth individuals, not-for-profits, and privately held businesses identify and quantify their goals and mapping out strategies for attaining their goals.

Coughlin graduated from the University of Alabama, with a Bachelor Degree in Communications, while Varanka graduated from the University of Notre Dame, with a Bachelor of Business Administration Degree.

"More than their extensive background in wealth management, both John and William bring leadership, creativity, and key relationship building skills to their positions with Salin Bank. These capabilities will go a long way in helping our Wealth Management team better serve clients as we assist them in achieving their dreams and financial goals," notes Walker.

About Salin Bank & Trust Company

Salin Bank & Trust Company is a family-owned community bank in Indiana with assets of more than $700 million. Salin Bank operates 20 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.

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