LOUISVILLE, Ky. (April 26, 2016) – The fastest-growing bank in Kentucky has come to Louisville, bringing a model of customer service and community involvement unlike any other in the state. Independence Bank primarily served the western part of the state when it was founded in 1909, but opened a Frankfort office in April of 2015 and now adds Louisville as its 12th market in the Commonwealth.
Long-time Louisville banker Juan Vasallo has been named Jefferson County President for Independence Bank, which will immediately establish a full-service banking location at 2120 High Wickham Place on Old Henry Road. Construction of a permanent location will soon follow.
“Over the past 25 years,” said Vasallo, “I have been seeking a financial institution that has a strong reputation as a first class community bank. One that is committed to exceed our customers’ highest expectations. A bank that will make it its business to know our clients’ business and design an approach that asks the right questions; one that will provide the solutions to meet the unique needs dictated by today’s financial environment and whose focus is on the customer and how we can help them with their financial goals. This is what Independence will bring to Louisville and I am very excited to be a member of such a fine organization. I invite people from our community to join the revolution and experience banking the way it was meant to be.”
Independence Bank is known for being good stewards of the communities it serves. Last year alone Independence gave back over $1 million to various charitable causes throughout its footprint to ensure that basic (food and shelter) needs were met.
Chris Reid, CEO of Independence Bank shared, “Louisville is going to be a great market for Independence Bank and it’s a new venture that our employees, directors and customers are very excited about. This will open the door to a lot of exciting opportunities that we look forward to. We are off to a great start.”
Independence Bank is a regional community bank with 22 locations throughout Calloway, Daviess, Franklin, Hancock, Henderson, Hopkins, Jefferson, Mayfield, McCracken, McLean, Warren and Webster counties with assets of $1.8 billion.