Salin Bank Announces New CFO
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Salin Bank & Trust Company has added to its leadership team. Thomas Flournoy has been named executive vice president and chief financial officer. He has previously held leadership positions at banks in Georgia, Indiana and Kentucky.
February 5, 2015
News Release
INDIANAPOLIS, Ind. – Family owned and Indiana-based Salin Bank & Trust Company today announced that Thomas Flournoy has joined the bank as Executive Vice President and Chief Financial Officer. He will report to Jim Alender, Chief Operating Officer of Salin Bank.
Flournoy brings an impressive and extensive career in banking to his new position. He has more than 30 years of experience in bank accounting, Securities and Exchange Commission (SEC) and regulatory reporting, Treasury and Cash Management functions, internal control processes, deposit and loan operations management, information technology management, and a specialization in implementing operational efficiencies and cost savings.
Prior to his appointment with Salin Bank, Flournoy served as either Chief Financial Officer or Chief Operating Officer of five community banks in Georgia, Indiana, and Kentucky. He also spent 14 years as Controller at 1st Source Bank in northern Indiana. Since 2009, Flournoy has served as CFO at the First Bank of Georgia in Augusta. First Bank of Georgia recently completed its merger with Atlanta-based State Bank Financial Corp.
During his tenure at the First Bank of Georgia, a subsidiary of Georgia-Carolina Bancshares, Inc., Flournoy directed all Accounting, Internal/External Reporting and Internal Control functions; led Investment Security, Treasury, Asset/Liability and Capital Management functions; oversaw Budget and Strategic Planning functions and Mortgage Accounting functions. In addition, he was responsible for overseeing all audits and regulatory exams.
“We are very excited to have Tom as part of our Salin Bank team,” says Bill Salin II, President and CEO of Salin Bank. “His leadership will be instrumental in helping us position the bank for future growth. We are fortunate to bring a person with his experience in the banking industry on board.”
Born in Georgia but raised in Muncie, Indiana, Flournoy considers the Hoosier state his home. He holds a Bachelor’s of Science Degree in Accounting from Ball State University. In addition, Flournoy holds a Certified Public Accountant license in Indiana, is a graduate of the BAI School for Bank Administration at the University of Wisconsin, and was formerly an Adjunct Faculty member in the Business and Economics Division at Indiana University in South Bend.
About Salin Bank & 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 $800 million. Salin Bank operates 21 banking locations in 10 Indiana counties serving Columbus, Delphi, Edinburgh, Flora, Fort Wayne, Galveston, Gas City, Kokomo, Lafayette, Logansport, Marion, West Lafayette, Fishers and Indianapolis.
Source: Salin Bank & Trust Company