MICHELLE COX has been promoted to the position of Community President at Salin Bank. She is responsible for Logansport as well as Carroll and Cass counties.

Cox According to Bill Salin, CEO of family-owned and Indiana based Salin Bank, Cox has proven expertise helping clients improve their businesses through short and long-term financial assistance.

Cox began her career with Salin Bank in August 1995 as the Assistant Vice President, Agricultural Loan Officer. She has more than 18 years of banking experience and holds a Bachelor’s degree in management from Purdue University. She volunteers for numerous local organizations, including Flora Rotary Club, Flora Community Club, and Flora Youth Baseball. She is also involved with the Carroll County Chamber of Commerce and the Carroll County Ag Association and is a member of the Flora United Methodist Church.

Cox, her husband and two children reside in Flora.

One of the Midwest’s largest cooperative partnerships has recently announced year-end results and returned patronage checks to members.

C0-ALLIANCE LLP reported total sales of more than $820 million, and achieved net income after taxes of over $8.1 million for year-end August 31, 2009.

Co-Alliance is a partnership of five partnering cooperatives: Midland Co-op, IMPACT Cooperative, La- Porte County Co-op, Frontier Co-op and Excel Co-op. Every year, regional annual meetings are held for members of each respective local business.

More than $1.4 million in patronage is being paid to growers this year based on corn and beans delivered to Co-Alliance elevators, with half of that amount in cash and half in equity. In addition, more than $1 million has been set aside to redeem the equity held by the longest standing shareholders within the Co-Alliance partnership. Those checks will mail in the spring.