Matthew W. Howrey, president and CEO of North Salem State Bank and its holding company, North Salem State Bancorporation, has taken his seat as 2025 chairman of the Indiana Bankers Association Board of Directors.
Howrey volunteers with the Hendricks County Community Foundation and Putnam County 100 Men Who Care. He is a past president of both the Parks Foundation of Hendricks County and the Greencastle-Putnam County Economic Development Center. Howrey is also active in coaching his two boys and fundraising for various sports and school organizations, most notably the Cascade Youth League's new sports facilities.
He earned bachelor’s and MBA degrees from Indiana University and was named a Rising Star in Banking in 2013 by Northwestern Financial (now BankBeat) magazine.
This year’s board is comprised of:
IBA Officers
Matthew W. Howrey, Chair, North Salem State Bank
David M. Findlay, First Vice Chair, Lake City Bank, Warsaw
Lisa Arnold, Second Vice Chair, Home Bank, Martinsville
Benjamin J. Bochnowski, Immediate Past Chair, Peoples Bank, Munster
Amber R. Van Til, President and CEO, Indiana Bankers Association
Constituent Directors
Garry D. Kleer, ABA Membership Council, First Bank Richmond
Kent A. Liechty, ICBA State Director, First Bank of Berne
Karen B. Woods, Non-Indiana Headquartered Bank Director, First Financial Bank, Cincinnati
Amanda Morris-Feldman, Future Leadership Division President, First Federal Savings Bank, Rochester
Regional and At-Large Directors
Mark “Doc” Holt, At-Large, First Farmers Bank & Trust Co., Converse
Nicole S. Lorch, At-Large, First Internet Bank, Fishers
J. Daniel Maddox, North Region, Citizens State Bank, New Castle
Bradley J. Monts, North Region, Hoosier Heartland State Bank, Crawfordsville
Jacqueline M. Ruge-Perkins, North Region, First State Bank of Porter
Mark E. Bruin, South Region, The National Bank of Indianapolis
David Cofffey, South Region, Mutual Savings Bank, Franklin
Eric Lane, South Region, First Federal Savings Bank of Washington
Howrey and the Board were elected Monday, Sept. 9, 2024, during the IBA Annual Convention in French Lick, but assumed their positions effective Jan. 1, 2025.
ABOUT THE CHAIRMAN
Matthew W. Howrey is president and CEO of North Salem State Bank and its holding company, North Salem State Bancorporation, positions he has held since 2010. Prior to joining the bank in 2008 as chief financial officer, he served as a bank examiner for the Indiana Department of Financial Institutions, reaching the level of senior financial examiner.
Howrey’s community leadership includes the Hendricks County Community Foundation and Putnam County 100 Men Who Care. He is a past president of both the Parks Foundation of Hendricks County and the Greencastle-Putnam County Economic Development Center. Howrey is also active in coaching his two boys and fundraising for various sports and school organizations, most notably the Cascade Youth League's new sports facilities.
He earned bachelor’s and MBA degrees from Indiana University and was named a Rising Star in Banking in 2013 by Northwestern Financial (now BankBeat) magazine.
Biographies of all IBA board members are available online at indiana.bank/about. Headshots available upon request.