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Kentucky banks stand tall

Independent Banker

Chris Vogt of the Wisconsin Badgers NCAA basketball team presents an anonymous donation to First Kentucky Bank officials. We’re not thought of as ‘tornado alley’ around here, at least not before this,” says Stacy Overby, senior vice president of $535 million-asset First Kentucky Bank in Mayfield, Ky. Stacy Overby, First Kentucky Bank.

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Three Small US Banks Collapse Over Past Month

PYMNTS

1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 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

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NCUA grants third charter of 2023 while Maryland group aims to be next

American Banker

The National Credit Union Administration approved the Young Community Federal Credit Union to begin operations in Kentucky soon. An organization in Maryland is shooting for a 2024 opening.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

In addition to New York, the program is now available for SNAP recipients in Alabama, Arizona, California, Florida, Iowa, Kentucky, Nebraska, New York, Oregon and Washington. Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June.

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NEW REPORT: For UN Workers, A Credit Union Crosses Borders

PYMNTS

a Kentucky CU recently entered into a new agreement with a local university that will provide it the opportunity to raise its profile. The agreement names Park Community Credit Union the “official credit union” of Bellarmine University , as well as the official partner of the Bellarmine men’s basketball team and athletics division.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

So banks, even community banks like [bank name] must take a sharp pencil to prune their branch network to compete with the higher interest rates of online banks, make investments in people and technology, and deliver to their shareholders. And what greater meaning can they get than at a community financial institution?

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Old National Bank thanks employees for dedication in shooting's aftermath

American Banker

During the company's second-quarter earnings call, CEO Jim Ryan acknowledged employees' "resiliency and their commitment to supporting one another" after a gunman opened fire on a Louisville, Kentucky, branch in April.