Forcht Bank
BankingUnited States201-500 Employees
The history of Forcht Bank is also the history of Terry E. Forcht, Chairman & CEO of the Forcht Group of Kentucky. A native of Louisville now residing in Corbin, Mr. Forcht became interested in banking working for the Federal Reserve while a student at the University of Louisville in the 1960s. In 1972, while practicing law in Corbin, he was appointed to the board of directors at Corbin Deposit Bank and Trust. His interest in banking grew over the years, and in 1985 he and a group of investors opened their first bank, Tri-County National Bank in Corbin. In the years that followed, Mr. Forcht founded or acquired 12 additional community banks. Today, Forcht Bank has 3 loan production offices, 23 banking centers across Kentucky and Cincinnati, Ohio, with 260+ employees, and approximately $1.5 billion in total assets - making it one of the largest privately held banking groups based in Kentucky.
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