INDIANAPOLIS— Horizon Bancorp, Inc. and Salin Bancshares, Inc. announced Monday that they are entering a merger where Horizon will combine with Salin, and Horizon’s subsidiary, Horizon Bank, will combine with Salin Bank and Trust Company. The merger will enhance Horizon’s core deposit base, expand their presence throughout Central and Northeast Indiana, add new Indiana offices in the growth markets of Fort Wayne and Columbus, and expand its existing presence in the markets of Indianapolis and Lafayette.
All locations in the Salin/Horizon family will operate under the name of Horizon Bank. The process should be complete sometime in first quarter 2019.
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