By Lilli Dubler, Building Kentucky
Recognized as one of the nation’s top performing community banks, Stock Yards Bank & Trust has been named a winner of the 2022 Raymond James Community Bankers Cup. Only 22 banks in the United States received the award.
“At Stock Yards, we know putting our customers first — and ensuring that their money is safe and secure — allows us to succeed financially,” said James “Ja” Hillebrand, Chairman and CEO of Stock Yards Bank & Trust. “As a community bank, we take pride in serving our customers. Every member of our team ensures that we always provide them with the best service possible. I can’t thank them enough for their hard work and dedication.”
Stock Yards Bank & Trust is the only bank in Indiana, Kentucky and Ohio to receive this designation from Raymond James, which recognizes the top 10% of community banks with assets between $500 million and $10 billion based on various profitability, operational efficiency, and balance sheet metrics. The pool of banks considered includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets.
“To be the only bank in our three home states to win the award this year is a great accomplishment,” Hillebrand said. “This recognition not only reflects the success of Stock Yards Bank & Trust, but the dedication that we have to providing high quality service to the community.”