Community Trust Bancorp, Inc. and Community Trust Bank, Inc. Announces Retirement of David E. Collins as Member of the Board of Directors
October 27, 2021 at 08:52 am
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David E. Collins, a member of the Board of Directors of Community Trust Bancorp, Inc. and Community Trust Bank, Inc. retired effective October 26, 2021, after having served as a member of the Bank Board since 2005 and the Holding Company Board since April 2021. Mr. Collins provided exemplary service to CTBI having participated in the growth of CTBI from $2.7 billion in total assets to $5.4 billion, operating in Kentucky, West Virginia, and Tennessee. David has been a strong advocate for CTBI and has been tireless in his support as CTBI expanded into new markets.
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.