Forcht Bank

Happier Banking!

General Information
Company Name
Forcht Bank
Founded Year
1985
Location (Offices)
Lexington, United States +26
Founders / Decision Makers
Number of Employees
279
Industries
Financial Services, Banking
Funding Stage
-
Social Media

Forcht Bank - Company Profile

Forcht Bank is a financial services startup that has been in operation since 1985. The company's slogan "Happier Banking!" reflects its core values and beliefs. Founded by Terry Forcht, the bank has grown from its humble beginnings, with assets of just $1.5 million, to a significant player in the industry. Its growth strategy has been centered around acquiring and consolidating community-based banks, resulting in the emergence of Forcht Bank. The company has now achieved a milestone of approximately $1 billion in total assets and an impressive network of 25 banking centers scattered across central, northern, and southern Kentucky. This places Forcht Bank among the largest community bank groups in the state. The success of the bank can be attributed to its commitment to local community-based banking, a philosophy championed by its founder, Terry Forcht. With a workforce of over 300 employees, the company continues to embody Terry Forcht’s entrepreneurial spirit and passion for community banking. The journey of Forcht Bank is not just a story of growth in the financial services and banking industries; it is a testament to the vision and commitment of its founder.

Taxonomy: Community Banking, Banking Services, Home Loans, Mortgages, Small Business Lending, Local Banking, Branch Network, Financial Inclusion, Customer-Centric Banking, Retail Banking, Banking Innovation, Financial Literacy, Regional Banking

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