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“You need scale to keep up with necessary technology spend and regulatory costs,” CEO James Hillebrand said in explaining why the bank agreed to buy Commonwealth Bank & Trust just three months after it bought Kentucky Bancshares.
August 3 -
Stock Yards Bancorp in Louisville says it would pay $190 million in cash and stock for Kentucky Bancshares.
January 27 -
Muhlenberg Community Hospital CU said in a notice to members it needed a merger partner in part because it did not have the resources to keep up with monitoring for "cybersecurity and terrorism activities."
November 6 -
The West Virginia company has an agreement to buy WinFirst Financial for $21.7 million in cash.
September 28 -
Mike Duncan had kept a low profile as chairman of the U.S. Postal Service’s board of governors until it hired Louis DeJoy as postmaster general. Now he is sharing an unwanted spotlight with the embattled DeJoy.
August 28 -
The Louisville, Ky.-based credit union has been open to consumers in nine counties across two states since 2004, but the new name is intended to prevent confusion about who is eligible to join.
July 17 -
The company agreed to pay $41 million for Victory Community Bank.
December 2 -
Recent closings could portend a stiffer regulatory stance on capital adequacy and risk.
November 5 -
Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures.
October 25 -
The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.
September 18