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Community Trust Bancorp, Inc. operates as a holding company for Community Trust Bank, Inc., which offers commercial and personal banking and trust services for small and mid-sized communities in Kentucky and West Virginia. It offers time and demand deposits, checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts and Keogh plans, regular and term savings accounts, and certificates of deposit. The company’s loan portfolio comprises commercial loans, construction loans, secured and unsecured loans, mortgage loans, personal loans, residential and commercial real estate loans, lease-financing, lines of credit, revolving lines of credit, term loans, and asset-based financing. It also offers debit cards, cash management services, annuity and life insurance products, letters of credit, safe deposit boxes, and funds transfer services. In addition, the company, through its subsidiaries, operates as a trustee of personal trusts; as an executor of estates; as a trustee for employee benefit trusts; as a registrar, as a transfer agent, and as a paying agent for bond and stock issues; as a depository for securities; and as a provider of brokerage services. As of June 2, 2009, it had 71 banking locations across eastern, northeastern, central, and south central Kentucky; 6 banking locations in southern West Virginia; and 5 trust offices across Kentucky. The company was founded in 1903 and is headquartered in Pikeville, Kentucky.
Since receiving its first charter on September 30, 1913, First Farmers and Commercial Bank, (formerly First National Bank of Pikeville) has strived and grown to meet community needs. Some 70 prominent Bledsoe Countians organized the community bank and today there are over 201 community minded people involved in the bank’s ownership. First Farmers and Commercial Bank has three offices to meet your individual needs and provide the financial services and financing to grow and expand commercial businesses in its communities.
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