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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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CFPB files opposition to preliminary injunction motion of plaintiffs in Kentucky lawsuit challenging CFPB’s small business lending rule

CFPB Monitor

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.

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ABA Foundation, Kentucky Bankers Team Up to Support Tornado Relief Efforts

ABA Community Banking

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.

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FDIC Quarterly highlights community bank performance in manufacturing states

ABA Community Banking

The latest issue of the FDIC Quarterly explores loan performance at community banks in five manufacturing-concentrated states: Indiana, Kentucky, Louisiana, Michigan and Wisconsin. The post FDIC Quarterly highlights community bank performance in manufacturing states appeared first on ABA Banking Journal.

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Kentucky Tornadoes: Ag Banks Provide More Than Financial Resources

ABA Community Banking

10-11, 2021, a violent line of tornados moved across several states, including Kentucky, Tennessee, Arkansas, Illinois and part of Missouri, leaving a 250-mile path of devastation in their wake. Western Kentucky took the brunt of the damage. The storms destroyed homes and businesses, killing more than 75 people.

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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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First Financial Expands into Kentucky with Hancock Purchase

Banking Exchange

The $31 million deal will add locations in four counties across the state Management Feature M&A Feature3 Community Banking.