Banks located in Kentucky and Southern Indiana
NEW ALBANY, Ind. (Aug. 31, 2015) — Your Community Bankshares today announced it has successfully completed the merger and system conversions of its two banking subsidiaries, The Scott County State Bank and Your Community Bank, with Your Community Bank as the surviving entity, effective Aug. 28.
The Boards of Directors of Your Community Bank and The Scott County State Bank approved the merger on June 16 and June 18 respectively, and all regulatory approvals were completed thereafter.
Your Community Bankshares, Inc. operates more than 30 financial centers in Clark, Floyd and Scott counties in Indiana, and Bullitt, Fayette, Hardin, Hart, Jefferson, Meade, and Nelson counties in Kentucky, and has total assets of $1.6 billion.
“The merger of The Scott County State Bank and Your Community Bank follows the recent alignment of our corporate name and stock symbol to better represent the company’s regional growth,” stated James D. Rickard, president and chief executive officer of Your Community Bankshares, Inc. “The Scott County State Bank has a rich history of serving Clark and Scott counties. Our commitment to providing valuable products and services to local businesses and individuals, supporting our local communities, and providing exceptional service is unwavering.”