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Forcht Bank
Forcht Bank
forchtbank.com

Locations

Lexington, KY, USA

industry

Banking · Finance

Size

51-200 employees

Stage

Other

founded in

1985

Every organization has a story—a core set of beliefs and values that tells the world who they are and what they represent. Forcht Bank's story is the one of our founder, Terry Forcht. Long before Terry Forcht was known and recognized as one of Kentucky’s foremost entrepreneurs, he was a college professor and small-town lawyer practicing in Corbin, KY. In 1972, Terry was asked to join the Board of Directors at Corbin Deposit Bank & Trust. Having had an interest in banking since working for the Federal Reserve while attending the University of Louisville, Terry Forcht began his journey into banking. As he continued to serve on the bank board, and as his other businesses prospered, his interest in community-based banking grew. In 1985, he assembled a group of investors and opened his first bank, Tri-County National Bank in Corbin, with $1.5 million in assets. With the success of Tri-County National Bank, his entrepreneurial spirit was ready for more. In 1987, he acquired Deposit Bank &

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