big and small banks

Is America Overbanked or Underserved?

In an article published on American Banker earlier this fall, BB&T Chairman and Chief Executive Kelly King asserts the industry is overbanked. “It’s more competitive today than it’s been at any time in my career. That’s why you’ve been seeing dramatic consolidation and why you will continue to see it.”

Mr. King’s contention with too much competition and lowered return on investment as a valid reason for the continued decrease in banking presence, is one we’d like to respectfully disagree with.  As you may have read in our article “Cutting Rules On Community Banks Will Grow Local Economies”, community banks are decreasing precisely when we need them most…

BCBA 2018

Looking Ahead to 2018

On August 28th, 2017 I was passed the gavel and proudly accepted the President’s role of the Bluegrass Community Bankers Association.  Succeeding Ms. Jodi Stacy of the Bank of the Mountains in West Liberty will be no easy task, but with the support of Jodi, the remainder of our Board and the BCBA staff, I will do my very best to continue the positive momentum…