A Brief History of Central Bank
The roots of Central Bank can be traced back to 1938 on the corner of Short & Upper Streets. It was there that J.D. Purcell and Harry W. Moores created The Central Exchange Bank. Garvice Kincaid purchased the bank in 1945. And one year later, he shortened the name to Central Bank and innovation quickly became an ongoing theme.
- In 1948, the Christmas Club was created
- In 1951, the first vault was installed
- In 1956, Saturday hours were created
- In 1962, the first drive-thru services were completed
In 1967 and 1968, Central Bank continued to flourish with the opening of its Turfland, Southland and Eastland Banking Centers. While 1976 did bring change with the installation of its new president, Wayne L. Smith, it still saw more of the same - more innovation. Additional innovations included:
- In 1977, Central Bank Tellers had on-line access
- In 1978, six on-line ATMs were introduced
- In 1979, the first "Director of Customer Relations" was created
- In 1986, the Central Bank Art Gallery was opened
- In 1993, the Customer Bill of Rights & Money Back Guarantee were introduced
In 1993, Central Bank saw the opening of the Central Investment Center and Central Bank Mortgage. 1993 also brought the naming of Central Bank's new President and CEO, Luther Deaton, Jr.
Over the next decade, Central Bank's innovations continued to grow. For example, in 1999 Central Bank introduced On-line Banking to offer 24-hour convenience to its customers. In 2003, Central Bank's enlarged Mortgage Center opened at 2351 Regency Road to better serve customers. In 2004, Central Bank introduced a new line of products:
- New Gold Equity Line
- The Visa Gift Card
- A new Switch Kit to make joining Central Bank even easier
Today, more than 500 Central Bankers are providing personal and business banking, mortgage, insurance, investment and wealth management services to over 100,000 Kentuckians. And the Central Bank family is continuing to grow. It now includes: Central Bank FSB, Central Bank of Jefferson County and Salt Lick Deposit Bank;along with Central Investment Center and Central Insurance Services.
