Trine University Receives Building From Bank

Trine University has received a building in downtown Logansport from family owned and Indiana-based Salin Bank and Trust Company. The two-story, 15,600-square-foot office building is located in downtown Logansport. The appraised value of the transaction, which closed Sept. 11, is $390,000. Trine University will use the former bank building for its Logansport Education Center, a regional campus operated by the institution’s School of Professional Studies. The school has occupied a 3,948-square-foot space just east of the Salin Bank building, since May 2010. Space planning and design currently is underway, with work set to begin in the near future. Trine University plans to relocate to the new downtown building by Jan. 1. According to Salin Bank, the bank’s Logansport drive-up facility will remain open for customers. In addition, Salin Bank will continue to operate the Logansport Eastgate Banking Center, which is a traditional banking center with a lobby and drive-up options.