NEW MAYFIELD ATM
To better accommodate customers in Mayfield-Graves County, FNB installed a new 24-Hour Drive-Up ATM on the south side of Mayfield, located at 310 Charles Drive in January of 2009.
Category: Timeline Stories
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MURRAY-CALLOWAY COUNTY EXPANSION
In 2008, FNB closed its Farmington Office, as a result of branching into the neighboring Murray-Calloway County community for the first time. On August 1, 2008, FNB opened a temporary storefront branch at 1304 Chestnut Street, in Murray, Kentucky.
MAYFIELD EXPANSION
On May 30, 2008, FNB’s Board of Directors, local officials and executive management broke ground on the new main office building in downtown Mayfield next door to its existing Main Office. In addition, to better accommodate customers, FNB installed a new 24-Hour Drive-Up ATM on the south side of Mayfield, located at 310 Charles Drive in January of 2009.
CHARTER CHANGE
In 2005, FNB’s former President, Ted Hudson and Board of Directors made the decision to change the bank’s charter from a national charter to a state charter. With this change, First National Bank was required by law to change the name of the corporation by removing the word “National” from the formal name. Thus, management decided to adopt the initials of First National Bank and change the corporation’s name to FNB Bank, Inc. This was not an abrupt name change to the community, as First National Bank had been referred to as “FNB” for many years.
BEYOND THE CITY LIMITS
In January 1999, FNB expanded its facilities beyond the city limits of Mayfield into the city of Wingo, located in Graves County at 52 Exchange Street. This expansion was a result of the only bank in Wingo closing after selling to another financial organization. FNB continues to be the only bank located in the city of Wingo and is housed in the same building as Wingo’s City Hall office.
FNB OPENS A LOAN PRODUCTION OFFICE
FNB opened a Loan Production Office in November 1998, at its current location, 630 Jefferson Street in Paducah, Kentucky.
FORMER ACQUISITION AND EXPANSION HISTORY
Over the years, FNB Bank acquired three Banks in the area, including City National Bank, Farmer’s Bank of Mayfield, and the Bank of Farmington in 1987. As a result of these acquisitions, FNB began to grow throughout Graves County. This growth helped set the stage to expand the bank into neighboring Paducah-McCracken County.
A NEW DRIVE-IN COMPLEX
In April 1985, FNB opened a new Drive-In Complex and was followed by the opening of the first Drive-Up ATM in August of 1988.
JACKSON FINANCIAL CORPORATION
In 1983, FNB Bank was purchased by Jackson Financial Corporation, a one-bank holding company established by former President, Mr. Frederick Blume. The corporation was named after the Jackson Purchase region of Kentucky. In 2007, a new ownership group made up of local investors purchased all stock of Jackson Financial Corporation and continues ownership today.
