Monday, May 27, 2024

First Guaranty to open branches in Kentucky, West Virginia

by BIZ Magazine

First Guaranty Bank, headquartered in Hammond, has received regulatory approval to open full-service branches in Kentucky and West Virginia, the company said in a federal filing.

The bank already has loan and deposit production offices in Vanceburg, Kentucky, and Bridgeport, West Virginia. First Guaranty’s filing with the Securities and Exchange Commission says the company will convert both locations to traditional branches.

First Guaranty anticipates opening the Kentucky location in December and the West Virginia location in mid-2023.

”The opportunity to bring experienced banking teams together in both states and to continue to serve the customers those teams have built relationships with over many years of banking serves as a catapult for growth in these states,” said Mike Mineer, First Guaranty’s Kentucky and West Virginia president. ”Both our staff and our communities in Kentucky and West Virginia are excited about this opportunity.”

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