Tom Fite, director of the Indiana Department of Financial Institutions presents Matt Howrey, president and CEO of North Salem State Bank and chairman of the Indiana Bankers Association with the Distinguished Hoosier Award.

North Salem, Indiana – September 16, 2025 – Matthew W. Howrey, president and CEO of The North Salem State Bank (NSSB) and its holding company, North Salem State Bancorporation, has been recognized with the Distinguished Hoosier Award by Governor Mike Braun.  The honor was presented to Howrey, chairman of the Indiana Bankers Association, on Sunday, September 7th, during the Chairman’s Banquet at the Indiana Bankers Association’s Annual Convention in French Lick.  The award was presented by Tom Fite, director of the Indiana Department of Financial Institutions and is among the highest distinctions given by the State of Indiana.  Granted at the discretion of the governor, the award recognizes individuals whose achievements and service have made a lasting impact on their communities. 

Since 2010, Howrey has served as president and CEO of North Salem State Bank, having first joined the bank as chief financial officer in 2008.  He previously served as a bank examiner with the Indiana Department of Financial Institutions, as a senior financial examiner.  His community involvement includes leadership with the Hendricks County Community Foundation and Putnam County 100 Men Who Care, along with past presidencies of the Parks Foundation of Hendricks County and the Greencastle-Putnam County Economic Development Center. 

“Matt has been described by his colleagues as a leader who cares less for making a legacy for his own name than he does for making his community, his industry and our Association better,” said Amber R. Van Til, president and CEO of the IBA. “His passion for building the next generation of the workforce and offering young Hoosiers not just a job but a career they can be proud of, will make a lasting impact for generations to come and make him a worthy recipient of this honor.”

Beyond his civic and professional commitments, Howrey is actively involved in coaching, volunteering and fundraising for local youth sports, and a dedicated member of Soul Harvest Church.

Howrey earned both his bachelor’s and MBA degrees from Indiana University and was recognized as a “Rising Star in Banking” in 2013 by Northwestern Financial (now BankBeat) magazine.

ABOUT NORTH SALEM STATE BANK

North Salem State Bank (NSSB) is a locally owned community bank located in North Salem, Indiana. NSSB was founded in 1923 and is committed to providing its customers and its communities quality products and quality service through a dedicated and professional staff, while enhancing shareholder value.  Learn more at www.nssb.bank.