Casey County Bank Kentucky: Your Trusted Community Partner

Introduction

Casey County Bank has been a cornerstone of the Casey County community for over 100 years. Founded in 1888, the bank has a long history of providing reliable financial services to individuals, families, and businesses. Today, Casey County Bank operates 12 branches throughout Central Kentucky, offering a wide range of banking and financial solutions.

Mission and Values

Casey County Bank's mission is to:"provide our customers with exceptional financial services and products, while maintaining a strong commitment to our community." The bank's values revolve around integrity, customer service, community involvement, and financial stability.

Financial Strength and Stability

Casey County Bank is a well-capitalized institution with a strong financial foundation. As of December 31, 2022, the bank had an asset base of $1.2 billion and a total equity capital of $120 million. The bank's Tier 1 capital ratio, a measure of financial strength, was a robust 10.5%, exceeding regulatory requirements and industry standards.

Banking and Lending Products

Casey County Bank offers a comprehensive suite of banking and lending products, including:

• Checking and savings accounts: Casey County Bank offers a variety of checking and savings accounts tailored to meet the needs of individuals and families.
• Mortgages: The bank provides a full range of mortgage products, including conventional loans, FHA loans, and VA loans.
• Business loans: Casey County Bank offers business loans to support small businesses, start-ups, and established companies.
• Consumer loans: Personal, auto, and installment loans are available for personal financial needs.
• Investment services: Casey County Bank provides investment services, including brokerage and retirement planning, through its partnership with Raymond James Financial Services.

Community Involvement

Casey County Bank is deeply involved in the communities it serves. The bank supports a wide range of local organizations, including schools, charities, and community development initiatives. In 2022, Casey County Bank donated $250,000 to local charities and non-profit organizations.

Customer Service

Casey County Bank is committed to providing exceptional customer service. The bank's friendly and knowledgeable staff are dedicated to helping customers achieve their financial goals. Casey County Bank has consistently received high ratings for customer satisfaction and has been recognized by J.D. Power and Associates for its outstanding service.

Digital Banking and Technology

Casey County Bank embraces technology to enhance the customer experience. The bank offers a full suite of digital banking services, including:

• Online banking: Customers can manage their accounts, pay bills, and transfer funds online 24/7.
• Mobile banking: The Casey County Bank mobile app allows customers to access their accounts, deposit checks, and make payments on the go.
• Remote deposit capture: Customers can deposit checks by scanning them using the mobile banking app.

Effective Strategies for Financial Success

Casey County Bank provides valuable financial guidance and resources to help customers succeed. The bank offers:

• Free financial literacy workshops: Casey County Bank regularly hosts free workshops on topics such as budgeting, credit management, and investing.
• Online financial resources: The bank's website provides a wealth of information on financial planning, mortgage financing, and business banking.
• Personal financial counseling: Casey County Bank's financial counselors provide personalized advice and support to help customers improve their financial well-being.

Stories of Success

Story 1: Saving for the Future

Sarah, a young professional, came to Casey County Bank with a desire to start saving for her future. The bank's financial counselor recommended a high-yield savings account that allowed her to earn a competitive interest rate on her savings. Sarah set up automatic transfers from her checking account to her savings account every month, and over time, her savings grew substantially.

Story 2: Homeownership Dream

John and Mary had always dreamed of owning a home, but they weren't sure how to get started. They visited Casey County Bank and met with a mortgage loan officer. The loan officer guided them through the mortgage process, explained loan options, and helped them find the perfect loan for their needs. John and Mary were thrilled to purchase their first home and start building equity for their future.

Story 3: Business Expansion

The owners of a local small business needed to expand their operations to meet growing demand. They approached Casey County Bank for a business loan. The bank's loan officer worked closely with the business owners to understand their needs and develop a financing solution that supported their growth plans. The business received the funding they needed to expand their facilities and hire additional staff, resulting in increased revenue and profitability.

Pros and Cons of Banking with Casey County Bank

Pros:

• Strong financial stability with a Tier 1 capital ratio of 10.5%.
• Wide range of banking and lending products to meet the needs of individuals, families, and businesses.
• Exceptional customer service consistently recognized by J.D. Power and Associates.
• Deep community involvement through donations, volunteerism, and support for local organizations.
• Embraces technology to enhance the customer experience through digital banking and remote deposit capture.

Cons:

• Limited branching network with only 12 branches located in Central Kentucky.
• Competitive interest rates on savings accounts may be lower than those offered by larger banks.
• Fees for certain services such as overdrafts and ATM withdrawals at non-Casey County Bank ATMs.

Call to Action

If you're looking for a trusted financial partner that offers a wide range of banking solutions and is committed to the community, consider Casey County Bank. Visit your nearest branch or contact the bank online to learn more.

Appendix

Table 1: Financial Performance Metrics

Table 2: Branch Locations

Table 3: Loan Products