Tuesday, January 31, 2017

Citizen's Bank in Fort Thomas To Become United Bank

Citizens Bank is located at 34 N. Fort Thomas Avenue. FTM file. 
Citizen's Bank of Northern Kentucky is becoming United Bank.

A change in branding and signage was requested and approved recently at a Design and Review Board in Fort Thomas, located at 34 N. Fort Thomas Avenue.

Farmers Capital Bank Corporation announced a plan to consolidate banking operations of four different community banks into one company, known as United Bank & Capital Trust Company in August. The new bank will be headquartered in Frankfort, Kentucky.

Citizen's Bank was not sold and according to company officials, only the name is changing, not the services the bank offers.

The banks that will be consolidated will be Farmers Bank & Capital Trust Company (Frankfort KY), United Bank & Trust Co. (Versailles KY), First Citizens Bank (Elizabethtown) and Citizens Bank of Northern Kentucky (Newport), which has a branch in Fort Thomas

“We will be stronger as one bank to meet the demands of our growing markets,” said Lloyd C. Hillard, Jr., President and Chief Executive Officer of the Company. “We believe that operating as one bank will offer enhanced opportunities to better serve our communities and provide more value to our customers."

Farmers Capital Bank Corporation is a bank holding company headquartered in Frankfort, Kentucky. The Company operates 34 banking locations in 21 communities throughout Central and Northern Kentucky, a data processing company, and an insurance company.

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