Louisville’s financial services sector boosted by ambitious private-sector growth

Louisville’s central business district is home to dozens of banks and headquarters.

By Abby Laub

Driven by increased entrepreneurial activity, a thriving downtown and hot real estate activity, financial professionals in Greater Louisville and Southern Indiana are busy and well equipped to manage the $25 billion-plus in deposits in Jefferson County alone.

The Greater Louisville Association of Realtors (GLAR) reported in spring 2018 that the median price for homes was up nearly 6 percent from March 2017 as inventory continues to be low: 11.4 percent less than last spring. Homes are going under contract very quickly and the competition is cutthroat, keeping lenders across Greater Louisville and Southern Indiana very busy.

Also, Pat Durham, executive vice president of the Building Industry Association of Greater Louisville, noted in a GLAR press release that building permits also are up significantly, indicating construction activity is on the rise.

The Kentucky Bankers Association President/CEO Ballard Cassady pointed out that the passage of the federal Tax Cuts and Jobs Act will promote growth in the financial sector, and cause an uptick in both small and large business loans.

“In turn, increased hiring and higher wages should stimulate the economy,” he said. “We expect merger and acquisition strategies to increase in this new environment.”

One of Louisville’s most longstanding and reputable financial operations, 160-year-old wealth management firm Hilliard Lyons, recently went through a new brand positioning rollout.

Small businesses can find support in Greater Louisville. Entities like the city’s Metropolitan Business Development Corp., StartupLouisville, Venture Connectors, Kentucky Angels and many more invest in hundreds of companies, injecting millions of dollars into the economy.


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The Underwriters Group

1700 Eastpoint Pkwy

Louisville, KY 40223

(502) 244-1343

uscky.com

The Underwriters Group is a privately owned, and truly independent, risk management firm helping businesses protect their people, assets and their futures.

Founded in 1941, The Underwriters Group is built on a solid foundation of individualized customer service and commercial insurance expertise. For three generations, our private, family-owned business has championed our clients’ missions, protecting their interests and making sure they are poised to succeed.

The Underwriters Group has become a leader in commercial insurance products and an innovative service provider by putting our customers first. Whether it’s designing and implementing risk management solutions or servicing existing policies, this approach leads to the development of unique client relationships, allowing us more clarity in understanding our customers’ business needs.

OLD NATIONAL BANK

333 East Main Street, Suite 100

Louisville, KY 40202

OldNational.com

Choose a business lending partner who will help you grow. Whether you’re looking to add inventory, expand your operation or are ready to build a new facility, an Old National loan is an excellent source of funding. Old National ranks among the top 100 banking companies in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for seven consecutive years.

BANKS

American Founders Bank

afbusa.com

The Bank – Oldham County

syb.com

BB&T

Louisville – bbt.com

Bedford Bank

Bedford, Ky. – bedfordbank.com

Central Bank

Louisville – centralbank.com

Chase Bank

Louisville – chase.com

Citizens Deposit Bank

Emminence, Ky. – cdbt.com

Citizens Union Bank of Shelbyville

Shelbyville, Ky. – cubbank.com

Commonwealth Bank & Trust Co.

Louisville – cbandt.com

Eclipse Bank

Louisville – eclipsebank.com

Farmers Bank of Milton

Milton, Ky. – fbmilton.com

Fifth Third Bank

Louisville – 53.com

First Citizens Bank

Elizabethtown, Ky. – first-citizens.com

First Capital Bank of Kentucky

Louisville – fcbok.com

First Financial Bank

bankatfirst.com

First Harrison Bank

Corydon, Ind. – firstharrison.com

First Savings Bank, F.S.B.

Clarksville, Ind. – fsbbank.net

Forcht Bank

Louisville – forchtbank.com

Independence Bank

1776bank.com

King Southern Bank

Louisville – kingsouthernbank.com

Limestone Bank

limestonebank.com

Lincoln National Bank

Bardstown, Ky. – mylnb.com

Meade County Bank

Brandenburg, Ky. – meadecountybank.com

Mid-Southern Savings Bank

Salem, Ind. – mid-southern.com

The New Washington State Bank

New Washington, Ind. – newwashbank.com

Old National Bank

oldnational.com

The Peoples Bank of Bullitt County

Shepherdsville, Ky.

Peoples Bank Mt. Washington

Mt. Washington, Ky. – peoplesbankmtw.com

The Peoples Bank of Taylorsville

Taylorsville, Ky. – tpbtaylorsville.com

PNC Bank

Louisville – pnc.com

Regions

Southern Indiana – regions.com

Republic Bank

Louisville – republicbank.com

River City Bank

Louisville – rivercitybankky.com

River Valley Financial Bank

Madison, Ind. – germanamerican.com

Springfield State Bank

Springfield, Ky. – springfieldstate.com

Stock Yards Bank & Trust

Louisville – syb.com

Town & Country Bank and Trust Co.

Bardstown, Ky. – mytcbt.com

United Citizens Bank & Trust Company

Campbellsburg, Ky. – unitedcitizensbank.com

U.S. Bank

Louisville – usbank.com

Wilson & Muir Bank & Trust Co.

Bardstown, Ky. – wilsonmuirbank.com

WesBanco, Inc.

wesbanco.com

ACCOUNTING FIRMS

Baldwin CPAs

Louisville – baldwincpas.com

BKD LLP

Louisville – bkd.com

Blue & Co. LLC

Louisville – blueandco.com

Beutow LeMastus & Dick PLLC

Louisville – bldcpa.com

Crowe

Louisville – crowe.com

Dean Dorton Allen Ford PLLC

Louisville – deandorton.com

Deloitte

Louisville – deloitte.com

Deming Malone Livesay & Ostroff PSC

Louisville – dmlo.com

Ernst & Young LLP

Louisville – ey.com

Harding Shymanski & Co. PSC

Louisville – hsccpa.com

Henderman, Jessee & Co. PLLC

Louisville – hjcocpas.com

Jones Nale & Mattingly PLC

Louisville – jnmcpa.com

KPMG LLP

Louisville – kpmg.com

Louis T. Roth & Co. PLLC

Louisville – ltroth.com

Mather & Co. CPAs LLC

Louisville – matherandcompany.com

Monroe Shine CPAs

New Albany, Ind. – monroeshine.com

Mountjoy Chilton Medley LLP

Louisville – mcmcpa.com

PricewaterhouseCoopers LLP

Louisville – pwc.com

Rodefer Moss & Co. PLLC

New Albany, Ind. – rodefermoss.com

Strothman & Co. PSC

Louisville – strothman.com

Welenken CPAs

Louisville – welenken.com

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