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Thursday, January 24, 2019

Local Bank Executive Happy to Join Another Kentucky-based Bank

Fort Thomas resident and former BB&T and Bank of Kentucky executive Mark Exterkamp joins Stock Yards Bank & Trust.

 By Robin Gee

Many Fort Thomas residents know Mark Exterkamp, who has been in charge of retail banking and small business for BB&T Bank on North Fort Thomas Avenue since 2015. Before that, he had been with the Bank of Kentucky at the same location for 15 years.

On January 3, Exterkamp started a new position as senior vice president and private banking division manager with Louisville-based Stock Yards Bank & Trust at its downtown Cincinnati location.

In December, BB&T announced to its customers that the Fort Thomas branch would be closing. Customers received a letter stating the branch would close its doors on April 5, 2019.

Barre3 Ft. Thomas. Located at Fort Thomas Plaza, 90 Alexandria Pike. 
In late 2017, BB&T, based in North Carolina, announced it would close 140 locations across the country.

While excited about his new position, Exterkamp, said BB&T’s decision to close the Fort Thomas location was unfortunate as it had deep connections in the community.

"That building was home to a long-standing business, Fort Thomas Building and Loan. Many a family in Fort Thomas got their mortgage there," he said.

In fact, the location has a long history of serving the financial needs of the community. It was the original home of Fort Thomas Building and Loan, established in 1910. The business was purchased by the Bank of Kentucky in 2000. Five years later, the bank was acquired by BB&T.

Exterkamp said he is looking forward to working with a Kentucky-based company again, and said his new employer shares a value of community similar to that of the Bank of Kentucky.

In his new position, he will provide private banking to individual professionals and business owners handling clients’ personal and business banking needs.

Stock Yards Bank & Trust has a branch near NKU in Highland Heights on Alexandria Pike and in Florence on Houston Road as well as three branches in Cincinnati including downtown, Madeira and Hyde Park. Exterkamp’s office is at the downtown Cincinnati branch, housed in the historic Federal Reserve Building on Fourth Street.

Stock Yards has more than 35 branches in Kentucky, Ohio and Indiana. In the Cincinnati area since 2007, the bank added its Northern Kentucky locations in 2015.

It’s very exciting to be part of a growing team,” said Exterkamp.

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