CFPB Monitor
SEPTEMBER 6, 2023
The CFPB has filed its opposition to the motion for a preliminary injunction filed by the plaintiffs in the Kentucky federal court lawsuit challenging the CFPB’s final small business lending rule (Rule). The plaintiffs in the Kentucky lawsuit are the Kentucky Bankers Association and several Kentucky banks.
American Banker
OCTOBER 23, 2024
Y-12 Federal Credit Union in Oak Ridge, Tennessee, said it would acquire First State Bank of the Southeast in Middlesboro, Kentucky. It was the 19th such deal announced this year.
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ABA Community Banking
DECEMBER 15, 2021
In the wake of the devastating tornadoes that struck Kentucky and other mid-South states over the weekend, the ABA Foundation has partnered with the Kentucky Bankers Association to support relief efforts. At KBA’s request, the ABA Foundation is collecting donations from across the country to support the Kentucky Bankers Relief Fund.
PYMNTS
NOVEMBER 18, 2019
Louisa Community Bank of Louisa, Kentucky also shuttered on Oct. 25, and the assets were purchased by Kentucky Farmers Bank Corporation in Catlettsburg, Kentucky. As of June 30, Louisa Community Bank had approximately $29.7 It had one branch with $27.1 million in total assets and $26.2 million in total deposits.
South State Correspondent
FEBRUARY 17, 2025
However, we have also agreed to host the event for a single community bank with their executive and front line staff. Instead, for most community banks, 120% of profits are generated by 10% of clients, and the other 90% of customers deliver negative returns for a community bank.
ABA Community Banking
FEBRUARY 18, 2025
The Kentucky Bankers Association has activated its Disaster Relief Fund to provide financial support to bank employees affected by recent flooding in the state. The post Kentucky Bankers Association seeks donations to assist in flood relief efforts appeared first on ABA Banking Journal.
Banking Exchange
AUGUST 11, 2021
The $31 million deal will add locations in four counties across the state Management Feature M&A Feature3 Community Banking.
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