Home » Forbes Magazine names Forcht Bank as best bank in the state

Forbes Magazine names Forcht Bank as best bank in the state

LEXINGTON, Ky. – Forcht Bank has recently been named the 2021 Best Bank in Kentucky by Forbes Magazine’s Best-In-State Banks list. Forcht was ranked No. 1 in the state, followed by Huntington Bank, Citizens Bank of Kentucky, Community Trust Bank and Monticello Banking Co.

Across all states, 135 banks were recognized, which equates to only the top 2.7% of all U.S.-based financial institutions. Forbes partnered with Statista, a leading provider of market and consumer data, to identify the best banks in each state based on customer surveys. The surveys collected consumer scoring in areas of overall satisfaction, trust, branch services, digital services, customer service, financial advice, and terms and conditions.

“We are excited to be named the Best Bank in Kentucky as a result of our customers’ survey data,” said Tucker Ballinger, Forcht Bank president and CEO. “It’s a tremendous affirmation that the work we do each day is providing value to our customers throughout Kentucky and Ohio.”

According to Forbes.com, there are just over 5,000 banks nationwide. Most are local community banks that offer low-cost financial products and personalized customer service.

Forcht Bank is a Kentucky-owned community bank with approximately $1.5 billion in assets and 24 banking centers in 13 counties across Kentucky and Ohio.

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