Community Trust Bancorp, Inc. Appoints Franklin H. Farris, Jr. to its Board of Directors
February 27, 2019 at 04:28 pm
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Community Trust Bancorp, Inc. announce the appointment of Franklin H. Farris, Jr. to its Board of Directors. Mr. Farris, a graduate of the University of Kentucky, is currently providing consulting services to small and mid-size companies in Kentucky through Farris Advisory Services, LLC, a company he formed in 2015. Previously, Mr. Farris was an audit partner of Mountjoy Chilton Medley, LLP for 5 years after having retired as a managing partner and audit partner with the Louisville office of KPMG, LLP where he served for 37 years. Mr. Farris has significant experience in all fields of accountancy having worked extensively with publicly traded companies and entities in numerous countries, many having implemented International Financial Reporting Standards. Mr. Farris is a member and previous officer and board member of the Kentucky Society of Certified Public Accountants, a member of the American Institute of Certified Public Accountants, and immediate past board chair of Christian Care Communities, Inc. He has been active with numerous organizations in Kentucky focused on education and improving the lives of Kentucky residents.
Community Trust Bancorp, Inc. (CTBI) is a bank holding company. CTBI owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company, Lexington, Kentucky. CTBI is engaged in a range of commercial and personal banking, and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of CTB include making commercial, construction, mortgage and personal loans.