Independent Banker - April 2022 - 72
CONNECTIONS COMMUNITY SPIRIT
Left: Chris Vogt of the Wisconsin Badgers
NCAA basketball team presents an
anonymous donation to First Kentucky
Bank officials. Below, top: An assortment of
donations from the bank. Below, bottom:
Bank branch associates volunteer during first
response tornado relief efforts.
Kentucky banks stand tall
After a historic tornado rocked western Kentucky last December, a host of community banks banded
together in the spirit of generosity, using their financial power to start relief funds and bolster rescue
efforts for local victims. By Paul Sisolak
riday, Dec. 10, 2021, was like
any other day for the people
of Mayfield, Ky., many of whom
were looking forward to celebrating
the holidays.
Then, the winds began. A category
EF4 tornado blighted the area for
three hours, reaching 190 miles
per hour. Afterwards, 77 people
were confirmed dead, more than
500 were injured, 1,000 properties
F
were destroyed and scores of area
residents were displaced from their
homes and jobs.
" We're not thought of as 'tornado
alley' around here, at least not
before this, " says Stacy Overby,
senior vice president of $535
million-asset First Kentucky Bank in
Mayfield, Ky. " We've seen tornadoes
destroy residential areas, but rarely
do you get one that takes out a
70 Q ICBA Independent Banker Q April 2022
downtown like this one did. "
Mayfield and neighboring
communities have since received
nearly $49 million in federal relief
to replace what was lost, in the
form of FEMA relief and home
and business loans from the Small
Business Administration.
While the funding was welcome, it
was community banks like Overby's
that first came to the aid of residents,
Independent Banker - April 2022
Table of Contents for the Digital Edition of Independent Banker - April 2022
Table of Contents
Independent Banker - April 2022 - Intro
Independent Banker - April 2022 - Cover1
Independent Banker - April 2022 - Cover2
Independent Banker - April 2022 - Table of Contents
Independent Banker - April 2022 - 2
Independent Banker - April 2022 - 3
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Independent Banker - April 2022 - Cover3
Independent Banker - April 2022 - Cover4
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