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The name change is a result of the merger of all 10 banking subsidiaries of Boone’s parent company into one bank. The parent recently changed its name from First Corbin Bancorp to Forcht Bancorp, reflecting the name of its founder and CEO, Terry Forcht.
Terry Forcht started his first bank in Corbin, Kentucky in 1985.
Forcht Bancorp has $1.5 billion in assets with 34 banking centers in 11 Kentucky counties.
Source: Cincinnati Business Courier