Forcht Bank’s history is intertwined with the life of Terry E. Forcht, Chairman & CEO of the Forcht Group of Kentucky. Originally from Louisville and currently residing in Corbin, Mr. Forcht developed an interest in banking during his time at the University of Louisville in the 1960s while working for the Federal Reserve.
In 1972, while practicing law in Corbin, he joined the board of directors at Corbin Deposit Bank and Trust. Over the years, Mr. Forcht’s passion for banking grew. In 1985, he and a group of investors established their first bank, Tri-County National Bank in Corbin, with $1.5 million in assets.