Bank holding company providing banking and financial services through its subsidiary, Community Trust Bank.
Community Trust Bancorp, Inc. serves as the bank holding company overseeing Community Trust Bank, Inc., a dedicated provider of commercial and personal banking services primarily serving small to mid-sized communities. Established in 1903 and headquartered in Pikeville, Kentucky, the company offers a comprehensive range of financial products and services tailored to meet the needs of its diverse customer base. These include traditional deposit products such as time deposits, checking and savings accounts, individual retirement accounts (IRAs), and money market accounts.
Community Trust Bancorp's lending portfolio encompasses commercial, construction, mortgage, and personal loans, alongside specialized offerings like lease-financing and asset-based financing. The bank also facilitates residential and commercial real estate loans, consumer loans, and lines of credit, further supporting the financial needs of businesses and individuals across its operational regions. Beyond banking, the company provides a spectrum of ancillary services including cash management, safe deposit box rentals, funds transfer services, and acts as a trustee for personal trusts, estates, and employee benefit trusts.
In addition to its extensive banking services, Community Trust Bancorp extends its offerings to include securities brokerage, trust and wealth management services, annuity and life insurance products, and repurchase agreements. The company emphasizes digital banking solutions through mobile and internet banking platforms, enhancing customer convenience with e-statement services. With 79 banking locations spread across eastern, northeastern, central, and south central Kentucky, as well as southern West Virginia and northeastern Tennessee, Community Trust Bancorp remains committed to fostering financial stability and growth within the communities it serves.