News Topic: Kentucky

Stock Yards Bancorp in Louisville says it would pay $190 million in cash and stock for Kentucky Bancshares. ... Read full article

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." ... Read full article

The West Virginia company has an agreement to buy WinFirst Financial for $21.7 million in cash. ... Read full article

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. ... Read full article

The company agreed to pay $41 million for Victory Community Bank. ... Read full article

Recent closings could portend a stiffer regulatory stance on capital adequacy and risk. ... Read full article

Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures. ... Read full article

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal. ... Read full article

First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal allow the seller to save costs and maintain its autonomy. ... Read full article

The company will also gain deposits and loans from its deal with Republic Bancorp. ... Read full article

There have now been a record 10 credit union-bank merger deals in 2019. ... Read full article

The West Virginia company will pay $15 million in cash for First National Bank of Jackson. ... Read full article

The Indiana company will pay $68 million for Citizens First. ... Read full article

The $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee. ... Read full article

Stock Yards will remove a competitor in Louisville, Ky., and enter two markets outside of the city. ... Read full article

Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change. ... Read full article

Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission. ... Read full article

The $45 million purchase will provide Peoples with eight branches and $244 million in deposits. ... Read full article