Forcht Bank in Lexington, Ky., is set to open its first in-store branch.
The $950 million-asset bank has an agreement to open a branch inside a Kroger grocery store in Louisville, Ky., the Business First Journal reported in its online edition Tuesday. It would be Forcht's fifth branch in the Louisville area.
Forcht will take over a site that housed a PNC Financial (PNC) branch that closed last year. Overall, the bank has 29 branches in Kentucky.
The bank, which will spend roughly $100,000 to renovate the site, has plans to open more branches in the area, Jason Stuecker, Forcht's Louisville market president, told the Business First.
Be the first to comment on this post using the section below.