Louisville, Kentucky — According to state and local development sources, Stock Yards Bank & Trust plans to invest $500,000.00 to build out 4,176 square feet of new space in Louisville. The company plans to occupy the new space at 10000 Will Way in Louisville, on or about 1/1/2024. According to the company website Stock Yards Bancorp, Inc., with $8 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904 in Louisville, KY and now has offices in the Louisville, Indianapolis, Cincinnati & Central/Eastern Kentucky metropolitan markets. In addition to its banking operations, Stock Yards Bank & Trust Company offers a broad array of other financial services, including those of its Wealth Management Group, which provides investment management and trust services. With assets under management topping $7 billion and with continued strong growth in account openings, the Wealth Management and Trust ranks among the countrys top 100 trust companies in terms of revenue. The bank also offers private banking and brokerage services. In addition, its mortgage company offers conventional, VA and FHA financing, as well as a program follow-income first-time homebuyers. Stock Yards Bancorp consistently ranks among the strongest, fastest-growing community banks in the country, as measured by earnings growth and its high returns on equity and assets. The Company has been recognized by U.S. Banker on several occasions as one of the top-performing community banks in the nation. For many years now, Stock Yards Bancorp has been named to the KBW Honor Roll, an annual selection based on a banks 10-year performance record. Those banks recognized for the Honor Roll typically number less than 50 nationwide, and often less than 25. The Company also has received the Raymond James Community Bankers Cup several times, which recognized the top 10% of community banks in the country with assets between $500 million and $10 billion.

To learn more about Stock Yards Bank & Trust, visit http://www.syb.com/

Company Contact:
James Hillebrand, Chief Executive Officer
https://www.linkedin.com/in/james-ja-hillebrand-7307124/
502-582-2571

SOURCE: http://www.intelligence360.io
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