Guide to Banks in Kentucky

Go for the local banks in Kentucky

Smaller local banks can usually give you better rates than their giant corporate counterparts. Most of the larger Kentucky banks are having their rate decisions made for them at a corporate headquarters that is hundreds of miles away and not relative to the local market. Smaller KY banks can usually also be more competitive on structure of the loan as well.

I recommend: Check out Kentucky Bank. They offer multiple checking options, business loans, ACH processing, online banking, credit card services, and lockbox processing. First Kentucky Bank has been in business since 1899, and they offer business as well as non-profit checking in addition to business loans. They also offer business CDs, savings and money market accounts. United Community Bank of West Kentucky is another banking in Kentucky option. They have multiple checking account options, business money market accounts, and business sweep accounts.

Consider a midsized KY bank

A midsized bank can give you the services that large bank can offer, but they can also give you the customer service that you would expect from a small mom and pop branch.

I recommend: Check out the business services offered by Century Bank. They offer free small business checking accounts, business investment accounts, community business checking, savings accounts, as well as merchant services. The Bank of Kentucky is one of the largest community banks in Northern KY, and they offer loans, credit card options, cash management options, employee services, as well as depository services. You can also check out Citizens First, which offers business checking and savings; small business, commercial, and agricultural loans, as well as other investment and business services.

Use a comprehensive Kentucky banks web listing

The Community Banker website brought to you by Yennik, Inc. is a wonderful resource for KY banks that have a web presence. You can also locate a bank through the Kentucky Office of Financial Institutions.

I recommend: The Community Banker gives you an alphabetic listing of banks as well as a listing of Bank Regulatory Agencies in Kentucky. The Kentucky Office of Financial Institutions helps you search for a variety of banking entities.