Planters Bank has a new authentication step for our customers when they use their Planters Bank check card for online purchases. It is being implemented to mitigate fraud and unauthorized use of check/debit card payments online.
The six-digit one-time passcode is a randomly generated number that will be texted or emailed to our cardholders in connection with their card account when a transaction is being challenged.
A dialogue box will appear during checkout if a transaction is challenged due to fraud risk. The dialogue box will ask the cardholder to select a channel to which they’d like to receive the secure code (email or text). The email or text will be sent to the email address or cell number kept on file, so that information needs to be kept updated. Next, cardholders will receive the text or email with the one-time passcode to enter in the dialogue box to complete the transaction. Lastly, if the code is entered correctly the transaction will be approved as normal. If the code is entered incorrectly, they will have 3 attempts to enter the correct code. After 3 failed attempts the transaction will be denied.
If the cardholder has not received the code after selecting the delivery channel, they will have the option to resend the code. If they never receive the code, it’s likely that we don’t have the correct email address or cell number in our system.
The customer will NEVER be asked to enter any personal information when they receive the code from either text message or email.
At the 3rd Annual Women's Summit, our CEO Elizabeth McCoy was named the 2023 Woman in Leadership award honoree, an award given by the Kentucky Chamber of Commerce.
Planters Bank is pleased to announce the recipient of the SEED Grant is R3 Cabinets. In February, Planters Bank hosted the inaugural SEED Summit for those interested in starting or expanding their small business and subsequently announced the SEED Grant Competition. A business plan pitch contest in its first year, the SEED Grant Competition had a goal of supporting an emerging or expanding business in the Planters Bank service area.
“With a goal of connecting, supporting, and educating small businesses, we established the SEED program. Over the course of the past several months, we have seen such enthusiasm and commitment to our communities through the small businesses participating in the SEED programming,” said Planters Bank CEO Elizabeth McCoy.
Selected by four judges, R3 Cabinets’ goal is to “deliver the right cabinets, at the right place, at the right time – always, committing to a painless customer experience every time.” With a unique approach to streamlining the value chain between cabinet manufacturers and local installers and general contractor teams, the judges established that R3 Cabinets’ commitment to efficiency truly did set them apart in the competition.
R3 Cabinets shared, “We can’t thank Planters Bank enough for their vision in putting this program together to invest in our great community. The Planters Bank team truly helped not only our business, but everyone who had the opportunity to attend their workshops and compete in the competition. It was an invaluable experience for our company to accelerate a successful startup, and we look forward to continuing to partner with Planter’s Bank to support future community events.”
Follow along as Planters Bank chronicles their startup journey on Facebook and Instagram. For more information about Planters Bank, please visit plantersbankonline.com.
Planters Bank believes that small businesses are an integral part of our communities. SEED by Planters Bank is a small business program designed to support our small business customers. The community exists to support, encourage and educate entrepreneurs and small business owners on a number of topics that are relevant for starting, running or expanding a business. As a part of their endeavor to support small business, Planters Bank also created a SEED grant. The SEED grant will be awarded to a Planters Bank customer with an innovative business idea or an expansion plan for their current business.
On June 9, 2023 aspiring business owners are encouraged to submit their completed future business or expansion plans. On June 20, 2023, Planters Bank will host a pitch competition for the top business plans submitted. These competitors will be invited to pitch their business plan to a panel of judges for their chance to win a $10,000 start up grant + more for their business.
For more information, please visit expectgreatthingsbank.com/seed.
Patti Shelton, previously a Treasury Management Senior Analyst, has been promoted to an Electronic Banking Officer. Patti joined Planters Bank in 2010 working in the Treasury Management department, after previously working at another financial institution. During Patti’s tenure at the bank, she has been instrumental with establishing the protocols for Business Online Banking for our Commercial clients. She has also been involved in establishing ACH initiatives for the bank, including ACH origination for Commercial clients and procedures. Patti is an Accredited ACH Professional (AAP), receiving her certification in 2012. She has maintained her certification by completing the continuing education requirements. She is a graduate of APSU with a Bachelor’s of Business Administration, with a concentration in Accounting and a minor in Finance. Patti is the current Treasurer of Faith Baptist Church in Vanleer Tennessee as well as a member of the Homesteaders Alliance: Dickson County, Tennessee. She is the proud wife of a life-time farmer & mother to three adult children.
Planters Bank has been in business now for 26 years. We are a community bank whose business model has always been to work for and represent the communities we serve. In addition, we monitor rising interest rates and the tightening credit market. We protect our customers' deposits and for customers who have deposits over the FDIC maximum insurance coverage, we have security in place to protect those deposits.
The Silicon Valley Bank failure can be attributed in part to a more risky business model that is unlike ours of a traditional, diversified and relationship-model bank. The banking industry as a whole is stable and well capitalized. In fact, FDIC data shows that community banking remains safe, sound and secure as well as outperforming the rest of the banking industry with broad-based loan growth, strong capital ratios, and favorable asset quality.
Planters Bank specifically is conservatively diversified in its investments and we are here to serve our customers, now and for generations to come. As a community bank customer, you have access to our experienced team. We stand ready to answer any questions or concerns you may have.
HOPKINSVILLE, KY - During the ninth annual Planters Bank Season of Giving, Planters Bank donated $103,319.28 amongst 12 community organizations throughout Western Kentucky and Tennessee.
The Planters Bank Season of Giving is a bank tradition that has a goal of supporting community organizations. This year, things were done a bit differently than in past years of the community giving campaign. During the Season of Giving this time, the bank collected items requested by the non-profit organizations and offered to match each item donation with a monetary donation for its value. Planters Bank CEO Elizabeth McCoy says, “We selected organizations to support that we knew we could make twice the impact. We collected items in donation drives for 3 months in all of our branches. Then, we matched those donations’ monetary value with our own dollar for dollar donations, resulting in over $100,000 in checks to local groups.”
Featured Organizations & Branch Locations• Bella’s Closet - Planters Bank, Rossview (Clarksville) - $11, 722.00• Webster County Community Food Bank - Planters Bank, Providence - $25,970.00• Toys for Tots - Planters Bank, Hilldale (Clarksville)- $5,993.00• St. Vincent De Paul Union County - Planters Bank, Sturgis - $7,371.00• Joy Closet - Planters Bank, Main (Hopkinsville) - $6,842.00• YAIPak Outreach - Planters Bank, Sango (Clarksville) - $5,553.57• 4H Youth Development - Planters Bank, Princeton - $8,113.00• Aaron McNeil House - Planters Bank, Indian Hills (Hopkinsville) - $5,130.00• Richview Middle School - Planters Bank, Commerce (Clarksville) - $5,759.00• DAPS - Planters Bank, Dawson Springs - $8,420.71• Alpha Pregnancy Care- Planters Bank, Boulevard (Hopkinsville) - $5,588.00• Landon’s Hope - Planters Bank, Sebree - $6,857.00
Season of Giving began as a fun way to bring attention to organizations Planters Bank supports and has grown into a program the bank and its employees look forward to each year. Planters Bank would like to thank the community for its generosity in helping support local organizations year after year. Visit the Planters Bank Facebook and Instagram to see photos and video of the non-profits receiving their donations, and find out more about Planters Bank’s philanthropic efforts at plantersbankonline.com.
January 6, 2023
Planters Bank is pleased to introduce the SEED Summit. On February 21, 2023 Planters Bank will host the SEED Summit for those interested in starting or expanding their small business.
“The heartbeat of our communities are our small businesses and entrepreneurs. We are a community bank and our goal is to always support the entrepreneurial spirited. In fact, it’s how we got our own start 25 years ago. Planters Bank’s new program aims to connect, support and educate those that wish to start their own business, grow within their existing small business, or just are looking to educate themselves on ways to do business,” says Planters Bank CEO Elizabeth McCoy.
The February 21 event will feature a host of topics and guest speakers covering topics in finance, business operations, marketing, and team building. The keynote address will be delivered by Brooke Gilliam of “Making Modern with Brooke and Brice” which airs on the Magnolia Network and Discovery+. Brooke will discuss their journey in building their show while also maintaining full time careers. Later in the day, a small business panel will feature local entrepreneurs discussing their successes and failures throughout their careers. A full schedule of events and link to registration can be found at expectgreatthingsbank.com/seed.
As a part of the endeavor to support local entrepreneurs, Planters Bank will be introducing the SEED grant, awarded to someone with an innovative business idea or an expansion plan for their current business. More information about the SEED grant will be announced at the February 21, 2023 SEED Summit event.
The SEED Summit will be held 8 AM – 5 PM at the Bruce in Hopkinsville. Attendance at the event is free of charge, but registration by February 17 is required.
Planters Bank is pleased to announce that Bryce Powers has been added to the Planters Bank Board of Directors.
A lifelong resident of the Clarksville area, Bryce returned home after earning a Bachelor’s of Civil Engineering degree from Auburn University in 1996. He worked as an engineer for nine years and still maintains his Professional Engineer’s License in Tennessee and Kentucky. He received his Contractor’s License and began Providence Builders, LLC in the fall of 2004. His goal is to bring a level of professionalism to the contracting industry that he feels is often missing. Powers strives to build projects that maintain value and bear his name proudly. He is committed to providing distinctive and creative projects of unmatched quality within Clarksville and the surrounding areas.
Bryce and his family are active members of First Baptist Church, Clarksville, where he serves as a Deacon. Bryce is also a member of the Regional Planning Commission, graduate of Leadership Clarksville, past board member of Delta Waterfowl, past board member of the Two Rivers Company, and past president and current board member of the Clarksville Home Builders Association.
While not working, Bryce enjoys spending time with his wife, son, and daughter. He also enjoys wood working, tinkering on his 1951 Chevy truck, and being out in God’s great creation.
“It is with great pleasure we welcome Bryce Powers to the Tennessee Board of Directors of Planters Bank, Inc.” said Suzanne Langford, Middle Tennessee Senior Marketing Executive.
“We are delighted that Bryce has joined the Planters Bank Board”, said Mrs. Elizabeth McCoy, CEO of Planters Bank. “I know he will be instrumental in directing the bank in the coming years.” Planters Bank is an FDIC-insured community bank with assets totaling $1.479 billion as of September 30, 2022. The bank was founded in 1996 in Hopkinsville, Kentucky and expanded into neighboring Clarksville, Tennessee in 2002. The bank offers a complete range of consumer and business banking services with three branches in Hopkinsville, KY, five branches in Western Kentucky, as well as four locations and a mortgage office, in Clarksville, TN.
October 7, 2022
Planters Bank welcomes Kelly Capps as a Consumer Banking Officer at the Princeton branch. Kelly recently joined Princeton Rotary Club and is looking forward to serving her community as a representative of Planters Bank. She was born & raised in Princeton & is a lifelong member of First Baptist Church. Kelly is a 1988 graduate of Caldwell County High School. Most recently, she comes from 9 years at Farmers Bank & Trust where she was a Secondary Market Loan Originator and Mortgage Lender. Prior to banking, Kelly spent several years as the Finance Manager for the Honda of Princeton dealership.
Kelly has been married for 17 years to husband Jeff Capps. They have 2 daughters, Gracie Curtis(Princeton) & Maggie Pelletier (Hopkinsville) and 3 sons Andrew Capps (Eddyville), Alexander Capps(Princeton) and Wyatt Capps(Louisville). She has 8(soon to be 9) wonderful grandchildren. Her spare time is spent at the Caldwell Co. Youth Inc. baseball and soccer fields watching the little Tigers play ball or at the Lee S. Jones Park in Eddyville watching the little Lyons.
September 26, 2022
Planters Bank announces today the kickoff of its annual Season of Giving. 12 area organizations throughout Western Kentucky and Tennessee will be supported through the giving campaign.
Entering its ninth year, the Planters Bank Season of Giving is a bank tradition that has a goal of bringing awareness to non-profit organizations’ missions at the same time as fundraising for the organizations. This year looks a little different than years’ past for the community giving campaign. Each organization selected has chosen items that would be helpful for them to receive. Each Planters Bank location will be collecting items throughout the Season (September through December) to donate to each organization based on those needs. Planters Bank will match all donations with a monetary donation to each non-profit agency.
“The Season of Giving has always been about community support, and this year we are excited to take that a step farther. In addition to the monetary donation that comes along with Season of Giving, this year we’ve worked with each non-profit to identify what donation items would most help them carry out their mission. We’re proud to host a drive to collect these much-needed items in each Planters Bank location,” says Planters Bank CEO Elizabeth McCoy.
The following are the organizations supported this Season of Giving. The items needed for each may be found at expectgreatthingsbank.com/giving. Donations may be brought throughout the Season of Giving to the location noted.
Clarksville• Bella’s Closet - Planters Bank, Rossview office• YAIPak Outreach – Planters Bank, Sango office• Toys for Tots – Planters Bank, Hilldale office • Richview Middle School – Planters Bank, Commerce officeWestern Kentucky• Webster County Community Food Bank - Planters Bank, Providence office• Landon’s Hope – Planters Bank, Sebree office• St. Vincent DePaul Union County - Planters Bank, Sturgis office• 4H Youth Development - Planters Bank, Princeton office • DAPS – Planters Bank, Dawson Springs office Hopkinsville• Alpha Pregnancy Care – Planters Bank, Boulevard office • Joy Closet – Planters Bank, Main office• Aaron McNeil House – Planters Bank, Indian Hills office
In addition to supporting these groups through collections and matched donations in each branch, the bank is donating $25 for every checking or savings account opened mentioning the Season of Giving when visiting a Planters Bank location. Visit the Planters Bank Facebook and Instagram to learn more and participate, and find out more about Planters Bank’s philanthropic efforts at plantersbankonline.com.
ABOUT PLANTERS BANKPlanters Bank is headquartered in Hopkinsville, KY and has twelve locations throughout Western Kentucky and Tennessee. Planters Bank is a community bank that is committed to delivering an exceptional banking experience all while giving back to the community. Find out more about Planters Bank by visiting www.plantersbankonline.com.
February 18, 2022
During the eighth annual Planters Bank Season of Giving, 12 community organizations were supported throughout Western Kentucky and Tennessee. The Planters Bank giveback campaign resulted in 12 area organizations receiving a total of $35,630.11.
The Planters Bank Season of Giving is a bank tradition that has a goal of supporting community organizations. Planters Bank CEO Elizabeth McCoy says, “Each organization we supported this Season of Giving supports children in each of our communities. Whether it’s providing shoes, food, or experiences, each of these 12 organizations make such an impact on our communities, and we’re so glad to be able to support them.”
Planters Bank worked with a local small business to produce two special custom gift items for the Season of Giving - one Kentucky gift and one Tennessee gift, sold in each Planters Bank branch. Planters Bank purchased the items outright, allowing 100% of the purchase price of those items ($20/gift) to be donated to the Season of Giving organizations.
Featured Organizations & Branch Locations• FUEL - Planters Bank, Rossview (Clarksville) - $1,170• Happy Feet - Planters Bank, Providence - $700• Dreamchasers - Planters Bank, Hilldale (Clarksville)- $1,080• Union County Happy Packs - Planters Bank, Sturgis - $15,125• Boys & Girls Club - Planters Bank, Main (Hopkinsville) - $2,361.70• The Caleb Cares Project - Planters Bank, Sango (Clarksville) - $1,700• Happy Feet - Planters Bank, Princeton - $1,000• Men2Be - Planters Bank, Indian Hills (Hopkinsville) - $1,381.71• Big Brothers Big Sisters - Planters Bank, Commerce (Clarksville) - $1,420• Family Resource and Youth Service Center - Planters Bank, Dawson Springs - $940• Imagination Library - Planters Bank, Boulevard (Hopkinsville) - $1,931.70• CASA of Midwest KY - Planters Bank, Sebree - $6,820
Season of Giving began as a fun way to bring attention to organizations Planters Bank supports and has grown into a program the bank and its employees look forward to each year. Planters Bank would like to thank the community for its generosity in helping support local organizations year after year. Visit the Planters Bank Facebook and Instagram to see photos and video of the non-profits receiving their donations, and find out more about Planters Bank’s philanthropic efforts expectgreatthingsbank.com/giving.
The SBA has shared resources for assistance for those impacted in disaster areas.
November 1, 2021
Planters Bank announces today the kickoff of its annual Season of Giving. 12 area organizations throughout Western Kentucky and Tennessee will be supported through the community giving campaign. The campaign kicks off today and runs through the end of December.
Entering its eighth year, the Planters Bank Season of Giving is a community tradition that has a goal of bringing awareness to local non-profit organizations’ missions at the same time as fundraising for the organizations. This year, the focus is on giving back to the children in our communities. “We have so many deserving organizations in our communities that help support children’s needs. It’s important for us to bolster the efforts of these non-profits who shape the futures of our communities,” says Planters Bank CEO Elizabeth McCoy.
Based on the popularity of last year’s Season of Giving gift sets, Planters Bank is once again offering a Kentucky gift and a Tennessee gift – this time with a new design and new items included. The custom designed gift tins are filled with a matching flour sack towel and a custom state-shaped ornament. Planters Bank commissioned the items from local branded merchandise agency Williams Advertising. Each set retails for $20 and is available for purchase in every Planters Bank location beginning today. 100% of the purchase price of each gift is donated directly to the organization supported in that branch (see list of organizations).
In addition to supporting these groups through purchases in each branch, the bank has brought back their tradition of donating $25 for every checking or savings account opened mentioning the Season of Giving when visiting a Planters Bank location. Visit the Planters Bank Facebook , Instagram and Twitter to learn more and participate.
Patrick Wilkinson has joined Planters Bank as Vice President of Commercial Banking in Clarksville, TN.
Patrick graduated with a Master’s degree in Accounting from Samford University in Birmingham in 2014 and graduated with a Bachelor’s degree in Accounting from the University of Tennessee in 2012.
Patrick was located in Atlanta for six years after college where he worked as a CPA for KPMG in their audit practice. He and his wife Victoria are involved in the student ministry of First Baptist Church of Clarksville where he serves as a connect group leader.
“I have always admired Planters Bank and their dedication to serving their community. After many years of experience helping clients and working for companies with national and international level banking relationships, I am excited to join a community bank that prioritizes customer service and building personal relationships that benefit not just the bank, but the community of Clarksville as a whole.” says Patrick.
September 14, 2021
Seniors lose more than $3 billion annually to financial scams. Phone calls and text messages are the top method scammers use to perpetrate fraud and scams. In 2020, reports of text message scams increased sharply, and many of these texts were directly related to the COVID-19 pandemic. Learn how to recognize and avoid these scams, and the top scams that are affecting seniors by downloading the full article here. Recognizing and Avoiding Scams
April 23, 2021
Brianna Pritchett Nicole Cravens
Brianna Pritchett, currently the Commercial Credit Administrative Coordinator, has been promoted to Banking Officer. She earned a Bachelor’s Degree in General Studies from Western Kentucky University in 2005. After returning to Hopkinsville, she began working at Planters Bank as a teller in September 2006. Brianna was promoted to a Commercial/Ag Loan Processor in November 2007 and was promoted to her current position of Commercial Credit Administrative Coordinator in September 2015. She has been very involved in a wide range of community and civic activities.
Nicole Cravens, presently a Commercial Banking Officer, has been promoted to Assistant Vice President. Nicole has been with Planters Bank since January 2013. She obtained her Bachelor’s degree in Business Administration from Murray State University in May 2016. She is also actively involved in several civic organizations within the community, serving as a Board Member of the Pennyroyal Hospice, Inc, a Member of HYPE - Hopkinsville Young Professionals Engage, a previous Board Member and Recording Secretary for Junior Auxiliary of Hopkinsville Kentucky, and will serve as the 2021-2022 Co-Chair of the Professional Division of the United Way of the Pennyrile campaign.
March 30, 2021
Planters Bank is excited to announce a new partnership with the Eric D. Coleman Financial Group entitled the Wealth Builder. Wealth Builder is a four-step process that is designed to help participants achieve financial freedom and build long-term, sustainable wealth.
Led by Christian County native Eric Coleman, The Eric D. Coleman Financial Group aims to educate and empower generations of individuals who take charge of their personal finances and become wealth builders.
“Our company is committed to equipping generations of individuals with the tools and strategies required to build long term, sustainable wealth,” said Coleman. “We are excited to work with Planters Bank on this endeavor. Both companies share a mutual desire to empower low and moderate income households to achieve financial independence. We will measure our impact. If it doesn't get measured it won't get done.”
Through this financial literacy program, participants will learn to allocate, manage and optimize cash generation, in addition to understanding how to eliminate non-productive debt, improve credit scores, build emergency funds, prepare for home ownership, and create multiple streams of income through real estate investing, business building and stock market investing from a layman’s perspective.
Planters Bank CEO Elizabeth McCoy commented, “Planters Bank is proud to support this financial literacy effort. We are excited about partnering with the Eric D. Coleman Financial Group and look forward to the many benefits this training will provide not only to participants but to our community as a whole.”
Program participants will meet for eight Thursday’s from 6-7:30 p.m. in the Latham Room at Planters Bank for instruction. In addition to the classroom instruction, participants will have access to 1 year of 1:1 financial coaching.
The first class will be limited to the first 20 participants. Thanks to an investment by Planters Bank, each participant will only be required to pay a $55 registration fee. To register for the program visit https://shop.edcfinancial.com/register and to learn more about the Wealth Builder program visit edcfinancial.com.
Our Wealth Builder Launch event will Thursday April 15th from 6 – 7:30 p.m. in the Latham Room at Planters Bank. For further information, contact Jennifer Maddux, CRA Officer, at (270) 887-6981.
March 29, 2021
During the seventh annual Planters Bank Season of Giving, community organizations impacted by COVID-19 were supported throughout Western Kentucky and Tennessee. The Planters Bank giveback campaign resulted in 12 area organizations receiving a total of $88,964.64, with $60,000 of that donation the bank’s commitment of a $5,000 donation to each organization before their fundraising effort began. The nearly $30,000 additional donations were raised throughout the Season of Giving was a direct result of community support.
The Planters Bank Season of Giving is a bank tradition that has a goal of supporting community organizations. In 2020, Planters Bank supported community organizations that were especially impacted by a lack of patronage or that had fundraising options eliminated due to COVID-19. “Planters Bank is thrilled to be able to play a part in the recovery efforts for these wonderful community organizations. Each organization has a far-reaching impact, and we wanted to help support the continuance of that impact. Our community is always enthusiastic about supporting Season of Giving beneficiaries and this year that continued,” says Planters Bank CEO Elizabeth McCoy.
Planters Bank worked with local small businesses to produce two special custom gift items - one Kentucky gift and one Tennessee gift, sold in each Planters Bank branch. Planters Bank purchased the items from the businesses, allowing 100% of the purchase price of those items ($20/gift) to be donated to the Season of Giving organizations.
The custom Kentucky and Tennessee gift tins were filled with a “Scent of the Season” all-natural soy candle and a custom designed flour sack towel. The candle was produced locally by Clarksville Candle Company, and the designs that adorn each of the items were hand-drawn and produced exclusively for the Season of Giving by local custom branded merchandise agency Williams Advertising. Featured Organizations & Branch Locations• The Roxy Regional Theatre - Planters Bank, Rossview (Clarksville) - $7,480.95• Providence Public Library - Planters Bank, Providence - $7,050.95• Customs House Museum - Planters Bank, Hilldale (Clarksville)- $6,820.95• Union County Public Library - Planters Bank, Sturgis - $7,515.95• Hopkinsville Convention & Visitors Bureau - Planters Bank, Main (Hopkinsville) - $10,117.58• Gateway Chamber Orchestra - Planters Bank, Sango (Clarksville) - $7,440.95• George Coon Public Library - Planters Bank, Princeton - $6,805.23• Museums of Historic Hopkinsville-Christian County - Planters Bank, Indian Hills (Hopkinsville) - $7,871.61• Kiwanis Club of Clarksville - Planters Bank, Commerce (Clarksville) - $7,620.95• Pennyrile Forest State Resort Park - Planters Bank, Dawson Springs - $6,270.95• Pennyroyal Arts Council - Planters Bank, Boulevard (Hopkinsville) - $8,137.62• Sebree PTO - Planters Bank, Sebree - $5,830.95
Season of Giving began as a fun way to bring attention to organizations Planters Bank supports and has grown into a program the bank and its employees look forward to each year. Planters Bank would like to thank the community for its generosity in helping support local organizations year after year. Visit the Planters Bank Facebook and Instagram to see photos and video of the non-profits receiving their donations.
January 11, 2021
We will begin accepting PPP loan applications on Tuesday 1/19/2021 at the website below. You can access the website now; however it will not allow you to access the loan application until Tuesday. In order to apply, you must have a checking account with Planters Bank in the name of the business you will be applying under. Please see our previous posts for more information on application requirements, or visit sba.gov to learn more. Beginning Tuesday, please visit https://paycheckprotectionloan.plantersbankonline.com/.
SBA is reopening Paycheck Protection Program. SBA will initially only accept loan applications from Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs)for first draw PPP loans starting on January 11, 2021 and for second draw PPP loans starting January 13, 2021. The PPP will open to all participating lenders (including Planters Bank) shortly thereafter. Please check back here or on the Planters Bank social media channels for updates.
December 22, 2020
A comprehensive $900 Billion, nearly 5,600-page bill called the “Consolidated Appropriations Act of 2021,” was passed last night.
The “Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act” contains several changes related to the Paycheck Protection Program. The new law sets aside $284 billion for PPP both for new borrowers and for those borrowers meeting the criteria for a “second draw.” Except as otherwise provided, the new law requires SBA to promulgate rules within 10 days of enactment of this law to implement this section. We anticipate direction from the SBA early in the new year. We will share updates here on our website and on our social media channels as they are available.
November 5, 2020
Planters Bank is now accepting forgiveness applications for Payroll Protection Program loans. If you are ready to complete the application following your covered period (8-weeks up to 24-weeks), please visit https://paycheckprotectionloan.plantersbankonline.com/forgiveness/apply. If you had a bookkeeper/accountant apply on your behalf for the PPP loan, please allow them to apply for forgiveness for you as well. The login will be the same as the one you created to originally apply for the loan. Please be sure you select the correct application for your particular situation. There is a 3508S Form for loans $50,000 or less, a 3508EZ Form for certain situations, and the standard application.
Once we receive your application the Bank has up to 60-days to review and submit to the SBA. The SBA then has up to 90-days to review and process the application. Additionally, please note that if you received an SBA EIDL Advance, the SBA will deduct that amount from your eligible PPP loan forgiveness amount. The following documentation will be needed to complete the application and be uploaded to the website:
Documents that Each Borrower Must Maintain but is Not Required to Submit: All records relating to the Borrower’s PPP loan, including documentation submitted with its PPP loan application, documentation supporting the Borrower’s certifications as to its eligibility for a PPP loan, documentation necessary to support the Borrower’s loan forgiveness application, and documentation demonstrating the Borrower’s material compliance with PPP requirements. The Borrower must retain all such documentation in its files for six years after the date the loan is forgiven or repaid in full, and permit authorized representatives of SBA, including representatives of its Office of Inspector General, to access such files upon request.
August 7, 2020
As a reminder, the acceptance of Payroll Protection Program loan application has ended. Please watch for loan forgiveness information soon for those that have received loans from this small business assistance program.
July 24, 2020
According to the SBA, PPP loan forgiveness is scheduled to begin accepting submissions on August 10, 2020. This planned date is subject to extension if any new legislative amendments to the forgiveness process necessitate changes to the system. Stay tuned for more updates here.
July 6, 2020
We’re thrilled to announce that with the recent extension of the program, Planters Bank is still accepting Payroll Protection Program loan applications. We continue to see the small businesses in our communities remain strong, and we’re proud to partner with them to provide additional resources like this program. Small business owners, please visit https://paycheckprotectionloan.plantersbankonline.com to apply online.
We do expect to have an application available soon for Payroll Protection Program forgiveness. Until then, we’re here for you, small businesses! It is our recommendation to focus on the wellness of your business, and track your spending through your PPP covered period. Check back here for updates, and we’ll be in touch with you once forgiveness is available.
June 30, 2020
The application for the Payroll Protection Program is no longer available. Information is forthcoming about Payroll Protection Loan forgiveness. Please check back here for the most current information.
June 18, 2020
Small businesses, you are the lifeblood of our communities. As a community bank, it is our duty to support you. Today that means we continue to accept Payroll Protection Program loans. If you are a small business in need of funding for your operations, we invite you to fill out an application at https://paycheckprotectionloan.plantersbankonline.com. We will do our best to guide you through the process, and to get you the assistance you need to continue to provide your product or service to our community.
June 5, 2020
Due to a recently passed bill, changes are coming to the PPP forgiveness guidelines and application. Some of the changes include:
– Expansion of 8-week covered period to the earlier of 24 weeks or December 31, 2020 – 60% of funds borrowed must be spent on payroll (changed from 75%) – Additional exemptions for a reduction of FTE employees due to compliance requirements – Any amount not forgiven will now be allowed a 5 year repayment term.
Learn more
May 30, 2020
While initial guidelines to PPP forgiveness have been released, the contents of those guidelines continue to evolve. With the expectation that the forgiveness process will be simplified in the coming days, we would like to advise our small business customers that we will make available final forgiveness guidelines here once the information is finalized.
April 22, 2020
In anticipation of additional funding being made available for the Payroll Protection Program, Planters Bank would like to remind you that we are actively accepting Payroll Protection Program applications from our customers. Please visit https://paycheckprotectionloan.plantersbankonline.com to apply. If you are not yet a Planters Bank customer, please contact us at your nearest Planters Bank location. Find our locations by visiting https://www.plantersbankonline.com/locations.aspx.
April 16, 2020
At this time, funds for the Payroll Protection Program have been depleted. We are hopeful that in an effort to support small business there will be additional congressional action taken to replenish the available funds. Planters Bank will continue to accept applications in hopes of that additional action. Please visit https://paycheckprotectionloan.plantersbankonline.com if you still wish to apply.
Please join Landan Stallons, Planters Bank VP of Commercial Banking and the Christian County Chamber of Commerce Friday, April 17 at 11:30 AM for a webinar detailing the application process, what funds may be used for, and additional Payroll Protection Program information. Register with the Christian County Chamber.
April 13, 2020
Planters Bank is providing service for the SBA CARES Act Payroll Protection Program. While our first priority for service has been existing Planters Bank customers, we have successfully implemented the Payroll Protection Program application process for those interested customers, and we are now able to help all small business owners, independent contractors and the self-employed that become Planters Bank customers.
Planters Bank has always been committed to our small business customers. We are pleased to partner with the SBA to facilitate this loan program to help businesses keep their workforce employed at this critical time.
Please visit plantersbankonline.com for more information on preparing for the Payroll Protection Program, and visit paycheckprotectionloan.plantersbankonline.com to submit your application. We look forward to serving our business clients in this way. Planters Bank continues to provide service to all Planters Bank customers with new social distancing procedures, as well as through our existing remote banking tools. Visit plantersbankonline.com to learn more.
April 4, 2020
Planters Bank is now prepared to accept applications online for the CARES Act Payroll Protection Program. Please visit paycheckprotectionloan.plantersbankonline.com to submit your application. Once your application is submitted, we have you in our queue for assistance. Planters Bank will begin processing applications as quickly as we possibly can in order to help assist our small business customers in obtaining this much needed relief. Please note that while we will make every effort to return your calls and emails promptly, we anticipate this will be an unusually busy time. Following the submission of your application, please wait for additional contact from Planters Bank. For questions related to the CARES Act or our application, your best course of action will be reaching out to your Planters Bank representative via email. As always, we appreciate your patience and understanding. We very much value your choice to work with Planters Bank.
April 3, 2020
While Planters Bank intended to be prepared for online applications for the CARES Act Payroll Protection Program today, due to technical issues beyond our internal control, we will have updated information on applying by Monday. For questions related to the CARES Act or our application, your best course of action will be reaching out to your Planters Bank representative via email.
Thank you for your patience & understanding.
April 2, 2020
The Small Business Administration has released some additional required guidance. Planters Bank will update our online system on Friday. We will be prepared for applications to be submitted on our website beginning Friday.
If you have contacted us already, we have you in our queue. We will communicate with you directly when the application is live online. Continuing to contact is not necessary. We value our customers and the communities we serve. Thank you very much for your patience and understanding as we navigate this relief for our small business customers.
Planters Bank will be participating in the CARES Act Paycheck Protection Program. The Small Business Administration and US Treasury have NOT released the required application as of the time of this update (3:46 PM CST Thursday) or required documentation for these loans. Preliminary information has been released but has already been revised twice. The versions currently available will not be the required form. Our on-line application system cannot be completed until the required forms are provided. Please understand that we are working as rapidly as possible. Despite media reports to the contrary, we do not expect the funds to be depleted immediately. If you have contacted us already, we have you in our queue. We will communicate with you directly once we have the necessary information. Continuing to contact is not necessary. We value our customers and the communities we serve. Thank you.
April 1, 2020
Planters Bank will be participating in the CARES Act Paycheck Protection Program. We are working diligently to provide the loans to our existing customers. The US Treasury and the Small Business Administration are required to develop guidance for this process. While some preliminary guidance has been provided, the guidance has been revised today leaving us with incomplete information for distribution. Additional guidance is expected to be provided Thursday. We will provide this information to you as soon as we possibly can. Please allow us the opportunity to work through the system. We will have an online application that will make the process easier and faster for you.
Trust that we are working on your behalf as rapidly as possible. We will share on our website & social media the moment we have further actionable information. For those that have contacted us for help, we will contact you as soon as we are able to act on this program. Once you have contacted us, additional contact will not help us move your business forward; please trust we will reach out to you the moment we are able to help you.
We value our relationship with you. We apologize for being unable to respond immediately to each request. The volume is tremendous and the details provided to us at this stage are incomplete.
March 27, 2020
Congress has approved $350 billion in emergency loans for small businesses to help them keep workers employed. Download this guide and checklist from the U.S. Chamber of Commerce to help your small business through the process. Planters Bank will provide more information as it is available to its customers.
CARES Small Business Guide may also be helpful. This is an external link, and Planters Bank has no control over information at any site hyperlinked to from this site. Planters Bank makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Planters Bank of any information in any hyperlinked site. In no event shall Planters Bank be responsible for your use of a hyperlinked site.
Please also be aware that this third party may have a privacy policy different than the bank, and the third-party website may provide less security than the bank's website.
March 20, 2020
Brandy Mason is now working with Planters Bank’s Mortgage Department as a Mortgage Loan Originator. Brandy has been with Planters Bank for nearly sixteen years working as a CSR, an ATM Coordinator, a Secondary Mortgage Coordinator, and a Commercial / Ag Loan Administrator before taking this position. She is a graduate of Christian County High School. Brandy is married to Neil Mason and they have two children-Austin and Hailey Shea.
Eyvette Sellers has been promoted to VP/Treasury Management Consultant. Eyvette came to Planters Bank in November 2007 and will soon be celebrating her 12th anniversary. She has served in various roles along the way, New Account Administrator, Cash Management Tech Support and Treasury Management Officer. Eyvette is currently studying for the Certified Treasury Professional designation test that will take place in January. She attended Ball State University prior to moving to Hopkinsville in 2007 and previously worked in the Trust Division for a bank in Indiana. She is very active in the Hopkinsville community and is presently on the Board of the Hopkinsville Chamber of Commerce (Past Chair of the Leadership Board), on the Board of Sanctuary Inc. and Hopkinsville-Christian County Conference & Convention Center (The Bruce).
Jason “Jake” Pepper has been promoted to Vice President Commercial Banking/Branch Manager. Jake started at Planters Bank in April 2013 as Branch Manager/Banking Officer. In addition to the role of Branch Manager and Retail Banker, Jake has begun to handle many of the commercial client relationships in Princeton and Western KY. Jake grew up in Caldwell County and earned a Bachelor’s of Science in Business Administration from Kentucky Wesleyan College in December 2012. He is actively involved in multiple civic organizations in the Princeton community, serving as Secretary and Board Member for Youth Incorporated, a Board Member of Caldwell County Scholarship Foundation, a Board Member of Happy Feet/Learning Feet (a shoe program for less fortunate children), an inaugural member of the KBA’s Emerging Leaders program, and a member of Vision West Ky Leadership program. Jake was also a 2018 graduate of Elevate Kentucky. Jake is married and is the proud new father to a baby boy!
Janina Carter has recently been promoted to Operations Banking Officer. Janina just recently celebrated her 20th year with Planters Bank and during that 20 year period she has served in several different positions, excelling in each one. The first part of her career was in Hopkinsville and then she served in Clarksville as a Treasury Management Specialist. Janina then transitioned to Operations in October of 2017 and assumed the Operations Manager/Product Implementation Specialist role before being named Operations Banking Officer.
Jordan Talley has recently been promoted to AVP / Internal Auditor. Jordan has been with Planters Bank since July 2017. She is a CPA and a graduate of UK and of NC State.
Landan Stallons has been promoted to Vice President Commercial Banking. In addition, he will assume the role of the Reg O Officer for the Bank currently held by Leigh Durden. Landan started at Planters Bank in May 2013 as a Commercial Credit Analyst. He excelled in the underwriting role, where he served until March 2016 when he was promoted to Commercial Lending Officer. Landan was promoted to Assistant Vice President in January 2018. He obtained his Bachelor’s Degree in Finance from Western Kentucky University in 2011 and attained an MBA from Murray State University in 2015. He is actively involved in multiple civic organizations in the community, serving as the Treasurer for the Hopkinsville Young Professionals group – HYPE, Vice President of the Christian County Agri-Business Association and is a Board Member of the Hopkinsville Rotary Club. Landan is also a 2017-2018 graduate of Leadership Hopkinsville Christian County and a 2019 graduate of Elevate Kentucky.
Nicole Cravens has been promoted to a Commercial Banking Officer. Nicole has been with Planters Bank since January 2013. She obtained her Bachelor’s degree in Business Administration from Murray State in May 2016 and was promoted to a Commercial Credit Analyst. She is also actively involved in several civic organizations within the community, serving as a Board Member and Recording Secretary for Hopkinsville Junior Auxiliary, serving as Chairman for the Charity Ball for the past two years, and she is also a Board Member of Pennyroyal Hospice, and is a member of Hopkinsville Young Professional Engage (HYPE).
Ryan Batson has joined Planters Bank as Vice President of Commercial Banking in Clarksville, TN. Batson graduated with a Bachelor of Science in Finance from The University of Memphis. Batson has an extensive banking background, having been in Commercial Banking for 15+ years with SunTrust and Regions in Knoxville, TN. Ryan was born and raised in Clarksville and is excited to be back in the community.
Ryann Mabry has been promoted to VP/Controller. Ryann has been with Planters Bank since November 2015. In August she graduated from the Graduate School of Banking Program at the University of Wisconsin. Her community involvement includes being a Board Member for the Pennyroyal Arts Council, Hopkinsville Christian County Public Library, UK Alumni Association and Hopkinsville Young Professional Engage (HYPE). Ryann is a CPA and graduated from the University of Kentucky with bachelor’s degree in accounting and the University of Louisville with a master’s degree in accounting.
March 16, 2020
To our customers and friends,
Our highest priorities are the health and safety of our staff, our customers, and the well-being of the communities we serve. The continuing spread of the coronavirus (COVID-19) around the globe is dominating headlines and impacting businesses of all sizes.
Planters Bank is committed to delivering the highest levels of support possible. Internally, we have taken the following steps:
1. Increased cleaning and sanitization efforts in our private locations while reinforcing healthy habits for our staff;2. Keeping our products and services fully available to you; and3. Enhanced risk monitoring and management.
We encourage you to use our remote banking resources if you would like to minimize public exposure.
• Mobile Banking: Download Planters’ mobile banking app and make deposits up to $2,500 via our mobile check deposit too.• Online Banking: Use online banking or mobile banking to transfer funds, make loan payments, or pay an individual with Zelle.• Text Banking: You can conduct numerous commands with text banking.• Apply Online: Apply for a loan or credit card at www.plantersbankonline.com. In times of uncertainty, one constant holds strong – Planters unwavering commitment to serve as your trusted financial partner.
We are in this together, and if there is anything that we can do to assist you, please do not hesitate to contact us. As always, thank you for the opportunity to serve you.
Sincerely,
Elizabeth McCoyCEO
February 20, 2020
The 2019 Planters Bank Season of Giving resulted in 12 area non-profit organizations receiving $27,356.19 in donations! We thank our communities for such enthusiasm in helping us support these wonderful organizations. This Season of Giving was a success both in donations made to help further each of their missions, and in further helping bring awareness for each of the non-profits.
Completing its sixth year, the Planters Bank Season of Giving is a bank tradition that runs September through December that has a goal of bringing awareness to each non-profit agency’s mission at the same time as fundraising for the organizations. “As a community bank, it is our responsibility to give back to our community. The Season of Giving is a great way for our employees, our communities, and our non-profits to all come together for these great causes,” says Planters Bank CEO Elizabeth McCoy.
Before the Season of Giving kicks off, Planters Bank purchases items from local makers. Those items are then sold in each branch to support the branch’s featured non-profit, with 100% of that purchase price donated to support the non-profits. Throughout the Season of Giving Planters Bank features a different non-profit each week on the bank’s Facebook and Twitter. The community’s engagement with those posts helps each non-profit earn even more donations.
For the 2019 Season of Giving, Planters Bank purchased Cadiz-made Barkley Hills Honey Cinna-Spice Whipped Honey, which was paired with Hopkinsville-made Continental Mills’ Krusteaz Southern Cornbread and sold for $10/set. Planters Bank also purchased Louisville-made Shell-Bee’s Bourbon Smoked Garlic Sea Salt and sold for $10/each. Helping to spread the reach of local companies is a component of the program too. Each of the products sold in-branch can be sourced locally following the Season of Giving. For those that are searching for the items now that the Season of Giving is complete, the Barkley Hills Honey may be purchased at local farmer’s markets, the Krusteaz products are carried in grocery stores, and the Shell-Bee’s salts & spices can be found in the Museums of Historic Hopkinsville-Christian County gift store.
Season of Giving began as a fun way to bring attention to organizations Planters Bank supports, and has grown in to a program the bank and its employees look forward to each year. Planters Bank would like to thank the community for its generosity in helping support local organizations year after year.
February 12, 2019
On Tuesday, February 12, Planters Bank celebrated the success of Season of Giving for four Clarksville non-profit agencies. Representatives from the Montgomery County Imagination Library, The Center for Family Development, The Montgomery County Angel Fund and Camp Rainbow accepted donations from the Planters Bank Season of Giving that ran from October through December of 2018.
During Season of Giving, Planters Bank works with local companies to private label items. After the bank purchases those items, 100% of the proceeds from the sale of the items in each Planters Bank location go to the Season of Giving non-profit agency supported by that branch. This year, Planters Bank partnered with Clarksville-based Delectable Sweets to offer Mango Pineapple Habanero jam and Strawberry Jalapeño jam, and Kuttawa-based Broadbent’s for Hickory Smoked Country Bacon. 100% of the proceeds ($10/each) from the purchase of these items in each Planters Bank location was donated to the Season of Giving beneficiaries. Throughout the Season of Giving, supporters of each non-profit organization visited the Planters Bank Facebook & Twitter to help the organizations earn even more donations with likes & shares. All twelve Planters Bank locations throughout Tennessee and Western Kentucky supported a non-profit organization during the Season of Giving.
Season of Giving began as a fun way to bring attention to organizations Planters Bank supports in its communities, and has grown in to a program the bank and its employees look forward to each year. Find out more and see additional photos and videos by visiting Planters Bank on Facebook and Instagram.
October 12, 2018
Planters Bank is pleased to announce that William Kimbrough Sr. and Mike O’Malley have been added to the Planters Bank Board of Directors.
Mike O’Malley, an Air Force veteran, earned his college degree from Ohio University. He began working for Wendy’s International in 1977. After working his way up the company ranks, he moved to Clarksville in 1988, to work for Wendy’s of Bowling Green – a franchise operating 18 locations at the time. In 1990, he became a principal partner in the business and helped it grow to 57 locations in 4 states, with over 2,000 employees. Mike became Senior Partner and CEO in 2012. Recent expansion includes the acquisition of the Huntsville AL market.
Mike is past Chairman of the APSU Foundation, is a member of the APSU Tower Club and the APSU Athletics Red Coat Society. Governor Bill Haslam appointed Mike to serve on APSU’s first Board of Trustees, the governing body for APSU, and Mike currently serves as the Chair of the Board.
Mike has served as President of Leadership Clarksville, was Chairman of the Clarksville-Montgomery Health Foundation, and he has served on numerous other boards, often holding leadership positions.
Mike has been inducted into the Wendy’s Hall of Fame, an honor extended to one franchisee worldwide annually. The franchise has received the Dave Thomas Founder’s Award, presented to the top franchise in North America, and the franchise has received the Jim Near Legacy Award, presented annually to the North America franchise with the best employee programs.
Mike has also been active within the Wendy’s corporate structure. He has served on the Wendy’s National Advertising Committee, as a member and as President. He currently serves on the Board for the Wendy’s PAC, and he was appointed last year to serve on the Board of Directors for the Dave Thomas Foundation for Adoption. The DTFA funds Wendy’s Wonderful Kids Recruiters who work full-time on finding permanent loving homes for children waiting in foster care. Mike’s franchise raises over $200,000 annually for the DTFA. The franchise also sponsors the Wendy’s High School Heisman Awards Program, where every high school senior is eligible to nominate himself or herself for college scholarships.
Mike and his wife, Jane, reside in Clarksville. Their sons, Ryan and Shawn, work for the Wendy’s franchise in leadership positions. Mike and Jane have two granddaughters.
William Kimbrough was born and raised in Clarksville, Tennessee and attended the University of Tennessee, Knoxville. He is married to Besty Hay Kimbrough and has three grown children Bill (Michelle), Josslyn, and Jim. He has two granddaughters, Liz and Ella.William is owner of Modern Heating, Cooling, Roofing, Inc., Board member of the Clarksville Montgomery County Regional Planning Commission, Past president of the Tennessee Association of Roofing Contractors, Past member of the Vestry for Trinity Episcopal Church, and member of the Bluewing and Sailors Rest hunting clubs. He is an avid hunter and enjoys UT Football, traveling with his family, and anything outdoors.
“We are thrilled that Mike and Bill are joining the Planters Bank Board”, said Mrs. Elizabeth McCoy, CEO of Planters Bank. “They will be a great asset to an already strong leadership team.”
Planters Bank is an FDIC-insured community bank with assets totaling $1.02 billion as of June 30, 2018. The bank was founded in 1996 in Hopkinsville, Kentucky and expanded into neighboring Clarksville, Tennessee in 2002. The bank offers a complete range of consumer and business banking services with three branches in Hopkinsville, KY, five branches in Western Kentucky, as well as four locations and a mortgage office, in Clarksville, TN.
September 21, 2018
Planters Bank is pleased to announce that Catherine Elizabeth Lacy has been hired as part-time Marketing Director. Ms. Lacy will begin her duties with Planters Bank on October 1. Catherine is the owner-operator of Cat Lacy Studio Creative Photo and Video. She attended Todd County Central High School and graduated from the University of Kentucky College of Arts and Sciences in 2012.
Planters Bank CEO Elizabeth McCoy commented, “We are pleased to have Catherine join us in our Marketing Department as she will certainly be an asset for Planters Bank and for our communities.”
Please join us in welcoming Catherine to the team!
August 20, 2018
Leadership Kentucky, one of the oldest and most prestigious statewide leadership development programs in the United States, announces that Jason Jenkins, Senior Vice President of Ag & Commercial Lending, has been chosen for the Leadership Kentucky Class of 2018.
Leadership Kentucky, a non-profit educational organization, brings together a select group of people who possess a broad variety of leadership abilities, career accomplishments, and volunteer activities, to gain insight into complex issues facing the state.
The program is made up of seven two-day sessions where participants gather to learn gain insight on the Commonwealth of Kentucky and its challenges and opportunities. Throughout the sessions, class members will meet with many of Kentucky’s current leaders and explore the state’s opportunities and resources.
The June through December program will bring the class across the state: Berea in June, Louisville in July, Paducah/Eddyville in August, Bowling Green/Fort Campbell in September, Pikeville in October, Frankfort/Lexington in November, and Northern Kentucky in December. The sessions will cover topics ranging from business and economic development, arts and tourism, natural resources and the environment, education and healthcare, agriculture, and government.
June 14, 2018
Jake Pepper, AVP and Branch Manager of Planters Bank in Princeton, has been named a 2018 Emerging Leader by the Kentucky Bankers Association. The KBA’s Emerging Leaders program is designed to find and develop future financial leaders in Kentucky through specific and comprehensive bank and community related activities.
“The Emerging Leaders program is our way of guiding the next generation of bankers into becoming exceptional leaders,” said Ballard W. Cassady Jr., President and Chief Executive Officer of the KBA. “This program is a stepping stone; it not only provides them with experience and engagement among their peers, but it involves them with our organization by giving them a first-hand look at how we work together with our banks on a daily basis to ensure the success of our industry.”
Also selected to the 2018 class of Emerging Leaders are: Eleshia Brandon, The Murray Bank, Murray; Mackenzie Carter, Farmers National Bank, Scottsville; S. Ryan Newcomb, United Bank & Capital Trust Co., Frankfort; Kelcey Dane Rock, Hancock Bank and Trust Company, Bowling Green; R. Taylor Rousey, Casey County Bank, Liberty; Amber Smith, Morgantown Bank & Trust, Morgantown; Hayley Thomas, West Point Bank, Radcliff; Jessica Watts, First Federal Savings & Loan of Hazard, Hazard
“The banking industry is proud to have such strong future leadership to assist in strengthening Kentucky, its communities and its banking industry.” Debra K. Stamper
The KBA, based in Louisville and celebrating its 127th year of serving Kentucky banks and their customers, advocates for its member banks and thrifts at the state and national levels. With legislative, regulatory, legal, compliance and educational support, along with vetted and endorsed products and services, the KBA is an integral part of the financial health of the Commonwealth.
June 7, 2018
Planters Bank and its Board of Directors are pleased to announce two promotions: Kelley Workman has been named President of Planters Bank and Leigh Durden has been named Chief Credit Officer.
Prior to her recent appointment as President of Planters Bank, Kelley Workman served as Executive Vice President and Chief Credit Officer of Planters Bank. A native of Hopkinsville and a graduate of Christian County High School, Kelley graduated from the University of Kentucky with a B.B.A. in Finance and Marketing as well as the Graduate School of Banking of the South at LSU.
Before returning to her native Hopkinsville in 2002, Kelley and her husband, Tim, lived in Tennessee for approximately 10 years. During this time, Kelley served as the County Executive Officer for NationsBank in Marshall County, TN and then as a Senior Vice President/Regional Commercial Market Executive in the MidSouth Commercial Group of Bank of America.
Kelley is a 1989 graduate of Leadership Hopkinsville-Christian County and a 2011 graduate of Leadership Kentucky. She currently serves as Chairman of the Hopkinsville Surface and Stormwater Utility, and recently served as Chairman of the Jennie Stuart Medical Center Board of Trustees. Kelley has been the Treasurer of the University Heights Academy Board of Trustees for approximately 16 years, and she is a member of First Baptist Church.
Kelley and Tim have two sons, Spencer, a physician completing his medical residency in Interventional Radiology at Vanderbilt University Medical Center and Preston, who is a strategy consultant at Navint Partners in Chicago.
Prior to her recent appointment as Chief Credit Officer, Leigh Durden joined Planters Bank in 1999 and most recently served as Senior Vice President Corporate Banking. A native of Hopkinsville and a graduate of Hopkinsville High School, Leigh graduated from Austin Peay State University in 1997 with a Bachelor’s degree in Business Administration with a concentration in Finance and Accounting. Leigh graduated from the Graduate School of Banking of the South at LSU in 2009. She is also a graduate of Leadership Hopkinsville and Leadership Clarksville. She served as a member of the Chamber of Commerce Board of Directors and as the Board Treasurer for Saint Luke’s Free Clinic from 2011 through 2017. Leigh currently serves on the Renaissance Design Review Board and is a Board Member of the Solid Waste Enterprise Board. Leigh has been married to John Durden since 1996.
As Planters Bank prepares to move beyond the $1 Billion in total assets mark, the Board of Directors is pleased to announce these promotions. “We are delighted with these promotions,” said Elizabeth McCoy, CEO of Planters Bank, “I know they will be instrumental in directing the bank in the coming years.” Elizabeth McCoy will remain CEO of Planters Bank.
June 1, 2018
Gretchen Hancock was recently appointed by the National Alumni Association Nominating Committee to lead the Tri-Counties of Kentucky Austin Peay State University Alumni Association. In this role she is responsible for organizing and hosting social and networking events as well as services activities. In addition to the overall operation of the group, Gretchen will be responsible for gauging group interest in outings to APSU athletic events. Gretchen is a Commercial Credit Analyst with Planters Bank at the Main office. “I take great pride in being an APSU alum! The passion the professors have to help the students succeed and push students to the next level is one of the key elements that sets APSU apart from other institutions. It will be an honor to take part in bringing my fellow alumni together to network and socialize as a group. My goal is to continue to grow the legacy of Austin Peay. I look forward to spreading the APSU pride throughout Christian, Trigg and Todd counties,” says Gretchen. She looks forward to leading the alumni association over the coming year, beginning with the group’s involvement with Fridays at Five in downtown Hopkinsville on July 27. “We are thrilled to support Gretchen in her new role as Tri-County President of the Austin Peay State University Alumni Association. As an active APSU alumna with strong leadership skills, Gretchen is a fantastic choice for this appointment,” said Brad Wallace, Vice President and Senior Commercial Credit Analyst for Planters Bank.
March 28, 2018
Amy Orton and Angie Smith of the Planters Bank Mortgage Department each accepted the honor of 2017 Outstanding Loan Officer Certificate of Appreciation, presented by Franklin American Mortgage Company. The two Planters Bank loan officers are among the top six loan officers in the state of Tennessee receiving this designation. With over $10 million in closings for each officer, Amy and Angie share their thoughts on receiving the recognition. Amy Orton says, "Mortgage lending is a lot like motherhood; the hours are long, the demands are high, but the reward of it is priceless. This award would not be possible without my amazing processor, Jennifer Hines and the teamwork this entire department displays on a daily basis to help one another. I believe in the value Planters Bank has to offer as a whole. I don't want JUST the client's mortgage loan; I want their entire banking relationship. I always say, my commitment to the borrower is the loan, their commitment to me is their deposits." Angie Smith goes on to say along with Brandy Jones, “We are so grateful for the recognition that we have received from Franklin American Mortgage Company for simply doing our job in serving our customers. Recognition is always appreciated but it is the partnership with Franklin American and our Planters Bank team of processors and loan officers that enables us to provide great customer service, a wide range of lending options, and great turn times for our customers. Our partnership with Franklin American has equipped us with the tools we need to do what we value most, serving our customers and community.”
Please join us in congratulating our Mortgage Department on this recognition!
March 13, 2018
Ryann Mabry has been promoted to AVP Senior Accountant. Ryann has been with Planters Bank since November 2015 and was formerly Senior Accountant/Banking Officer. She is a CPA and graduated from University of Kentucky with a Bachelor’s Degree in Accounting and from the University of Louisville with a Master’s Degree in accounting as well. Please join us in congratulating Ryann on this well deserved recognition.
February 23, 2018
Planters Bank announces the promotions of five Planters Bank employees. Of their achievements recently approved by the Planters Bank Board of Directors, Planters Bank President and CEO Elizabeth McCoy says, “Each of these individuals is extremely deserving of this recognition. I am confident Planters Bank will continue to lead the way in the financial services market."
Landan Stallons, presently a Commercial Lending Officer has been promoted to Assistant Vice President Commercial Banking. Landan has been with Planters Bank since May 2013 and received his Bachelor’s Degree in Finance from Western Kentucky University and his MBA Degree from Murray State University.
Amanda Vinson, presently Vice President Commercial Banking has been promoted to Senior Vice President Commercial Banking. Amanda has been with Planters Bank since January 2005 and received her Bachelor’s degree in Business with a concentartion in Finance from Austin Peay State University.
Jessica Alarcon, presently Assistant Vice President Commercial Banking Officer has been promoted to Vice President Commercial Banking. Jessica has been with Planters Bank since July 2011 and received her Bachelor’s Degree in Banking and Finance from Fayetteville State University – Fayetteville, NC.
Will Sanders, presently Assistant Vice President Commercial Banking Officer has been promoted to Vice President Commercial Banking. Will has been with Planters Bank since June 2015 and received his Bachelor’s Degree in Agribusiness from Mississippi State University.
Wes Sumner, presently Assistant Vice President Commercial Banking Officer, has been promoted to Vice President Commercial Banking. Wes has been with Planters Bank since July 2015 and received his MBA from Mississippi State University.
January 10, 2018
Planters Bank announces the promotion of Rick Davis to Executive Vice President and Chief Financial Officer. Mr. Davis joined Planters in July 2008. Prior to this promotion, Mr. Davis was a Senior Vice President and Controller for the bank. Mr. Davis is a Certified Public Accountant and spent approximately 15 years in public accounting before joining the bank.
Mr. Davis graduated from Dawson Springs High School in 1989, Murray State University in 1992 with a B.S.B. in accounting and from the Graduate School of Banking at the University of Wisconsin in 2016. He is a graduate of Leadership Hopkinsville-Christian County. He has been active in a number of charitable organizations over the years and is currently a board member, treasurer and chair of the finance and operations committee for the United Way of the Pennyrile.
Doug Lawson is a veteran banker who recently has been the EVP of Aftermarket with Hutson, Inc. With 25 years of extensive business and banking experience, Mr. Lawson comes to Planters Bank serving in the capacity of Senior Vice President for Ag and Commercial Lending. In his career Mr. Lawson was the Co-Founder of The Kingdom Trust Company, a South Dakota Chartered Trust Co. and previously the Market President of Heritage Bank, Murray, KY. He is currently serving his 13th year as a Board Member of the Kentucky Ag Finance Corporation through the Governor’s Office of Agricultural Policy. He has also been active in United Way, the Chamber of Commerce, and had multiple opportunities to speak to U.S. and International audiences on various banking and business management topics. Mr. Lawson has a Masters in Banking and is a graduate of the LSU School of Banking as well as the Kentucky Bankers Association School of Banking. He holds a Bachelor’s Degree from Murray State University in Agriculture. Mr. Lawson is currently an Adjunct Professor teaching night classes in the Murray State Hutson School of Agriculture.
“We are thrilled with the promotion of Rick Davis to CFO and the addition of Doug Lawson to the Planters Bank team”, said Planters Bank President and CEO Elizabeth McCoy. “With these new bank principals, I am confident Planters Bank will continue to lead the way in the financial services market.’
Planters Bank is an FDIC-insured community bank with assets totaling $983 million as of September 30, 2017. The bank was founded in 1996 in Hopkinsville, Kentucky and expanded into neighboring Clarksville, Tennessee in 2002. The bank offers a complete range of consumer and business banking services with three branches in Hopkinsville, KY, five branches in Western Kentucky, as well as four locations and a mortgage office, in Clarksville, TN.
December 13, 2017
Planters Bank is pleased to announce that Joseph Sisk and Justin Williams have been added to the Planters Bank Board of Directors. This is the first time Board Members have been added since the Bank opened in 1996.
Mr. Sisk is the owner and operator of Sisk Farms and Co-Owner of the Sisk-Junker Farms. He is a graduate of the University of Kentucky with a Bachelor of Science degree in Animal Science and is a recent graduate of the University of Kentucky’s Ag Leadership Program. Joseph is an Elder at the First Christian Church, a Board Member of the Kentucky Corn Growers Association and the Kentucky Promotion Council, as well as the Governor’s appointee of the Kentucky Ag Water Quality Authority Board. Mr. Sisk is the current Vice Chair of the Pennyrile Farm Analysis Board of Directors, and is on the Ag Tech Board at Hopkinsville Community College. Joseph is married and has three children.
Justin Williams is the president of R. J. Williams Construction Company, a partner in W. & J. Cattle, LLC; and, is involved in various real estate partnerships. He is a graduate of Kentucky Technical College and is a member of Hopkinsville Homebuilders Association and the Hopkinsville Christian County Public Library. Justin is married and has two children.
“We are delighted that Justin and Joseph will be joining the Planters Bank Board”, said Mrs. Elizabeth McCoy, President and CEO of Planters Bank. “I know they will be instrumental in directing the bank in the coming years.”
July 23, 2015
Planters Bank welcomes Wes Sumner to its commercial banking division as assistant vice president.
A native Clarksvillian, Sumner received a B.B.A. in finance from the University of Memphis and an M.B.A. from Mississippi State University. For the past nine years, he worked for Regions Bank in Knoxville, Nashville and Clarksville, where he was a branch manager.
“Wes brings broad experience in both lending and branch management to our team,” said Planters Bank President and CEO Elizabeth McCoy. “We are thrilled to have him join us.”
Sumner is a 2014 Leadership Clarksville graduate and volunteers in the children’s ministry at Grace Community Church. He is married with three children.
Sumer will work from the bank's downtown Clarksville office at 325 Commerce Street.
Headquartered in Hopkinsville, Ky., Planters Bank maintains eight full-service offices in Western Kentucky and four offices, plus a mortgage office, in Clarksville.
June 26, 2015
Planters Bank welcomes Will Sanders to its commercial banking division as assistant vice president.
A native Clarksvillian, Sanders spent the last few years as executive director and country manager for Hancock Prospecting Mongolia, LLC. Prior to that, he worked as financial advisor at Bank of America Merrill Lynch and financial services officer at Farm Credit Services of Mid America.
“Will is well-known and highly respected throughout the Clarksville market. He is going to be a great asset to our team, and we are delighted to have him on board,” said President and CEO Elizabeth McCoy.
Sanders graduated from Mississippi State University in 2003 with a B.S. in Agribusiness, where he was vice president of the Phi Delta Theta fraternity. His volunteer experience includes the Wounded Warriors Foundation and the Lotus Children’s Center and Notre Dame Children’s Home in Ullaanbaatar, Mongolia. He is the son of Bryce and Jody Sanders of Clarksville and enjoys hunting and fishing. Visit Will at our downtown Clarksville office at 325 Commerce Street.
Headquartered in Hopkinsville, Ky. Planters Bank maintains eight full-service offices in Western Kentucky and four offices, plus a mortgage office, in Clarksville.
May 26, 2015
The Planters Bank Board of Directors announced several title changes and promotions following its regular May meeting last week.
Judy Joiner, who joined Planters Bank in 1996, was named Senior Vice President/Chief Operations Officer. Greg Jackson, who joined Planters in 1996, was named Senior Vice President/Chief Retail Officer. Scott Hancock, who joined Planters in 2002, was named Senior Vice President/Chief Trust Officer. Suzanne Langford, who joined Planters in 2003, was named Middle Tennessee Market Executive.
From Kentucky:
From Tennessee:
"Each of these individuals is extremely deserving of this recognition based on their experience, expertise, longevity, and strong client following," said Human Resources Director Rita Berman.
Headquartered in Hopkinsville, Planters Bank maintains three offices in Hopkinsville, five in western Kentucky, and four plus a mortgage office in Clarksville, Tenn.
May 19, 2015
Planters Bank President and CEO was honored with the Ambassador's Award at the United Way of the Greater Clarksville Area Annual Campaign Celebration today. The Ambassador’s Award was established by the Board of Directors as a way to recognize an Executive Officer, President, Manager, or Director of a company or organization who exemplified the qualities of a United Way Ambassador through their example of leadership, involvement in United Way and the community, and promotion of United Way within their organization and the community.
"Under this Wonder Woman’s leadership, Planters Bank has been a long-standing, generous friend to United Way of the Greater Clarksville Region, extending their support in each endeavor and often serving as a catalyst to encourage additional support in the community. We're proud to present this year’s Ambassador’s Award to Elizabeth McCoy and Planters Bank," said United Way Executive Director Ginna Holleman.
March 1, 2015
Planters Bank is the honored recipient of the 2015 Ovation Award in the business category. The award is presented by the Austin Peay State University Acuff Circle of Excellence in recognition of outstanding contributions in the arts to the Clarksville-Montgomery County community.
Since its entry into the Clarksville market in 2002, Planters Bank has demonstrated a strong commitment to both visual and performing arts. Each of the bank’s offices proudly displays works purchased from a number of local artists, including painting, photography, sculpture, pottery, and woodwork. The bank sponsors events, purchases art, and donates outright to the arts, including the Customs House Museum & Cultural Center, Downtown Artists CO-OP, Roxy Regional Theatre, Arts & Heritage Development Council, Frolic on Franklin: A Celebration of the Arts, Rivers & Spires, Riverfest, Cumberland Winds, Gateway Chamber Orchestra, and various secondary school art programs.
Beyond its extensive financial support, the bank also encourages employees to become engaged in supporting local arts organizations. Employees serve on the boards for the Roxy and Customs House, while others volunteer with Frolic on Franklin, Rivers & Spires, and at the Roxy.
The bank’s Hilldale branch purchased a gallery display system and opened exhibit space in 2012. “First Thursday” monthly exhibits complement the established “First Thursday Artwalk” in historic downtown Clarksville. To date, more than 50 artists and two school art clubs have exhibited work, and pieces have been purchased by the public nearly every month.
Because it is a local business itself, Planters Bank’s philosophy is to whole-heartedly support local businesses and the communities it serves. The arts and artists are meaningful components of any healthy community. Supporting the individuals, the organizations, the events, and the facilities that offer that vital community role have been, and always will be, a priority for Planters Bank.
February 2, 2015
Planters Bank announces the promotion of Eyvette Sellers to assistant vice president of treasury banking. Sellers joined Planters in November, 2007 as a new account administrator and moved to the treasury management department in 2009. She was promoted to treasury management banking officer in December, 2010.
Sellers is an active civic leader and currently serves on the following Board of Directors: Hopkinsville Christian County Conference and Convention Center Inc., Hopkinsville Christian County YMCA, Leadership Christian County Chamber of Commerce, Sanctuary, Inc., and is a Legislative Advocate on the Southern Pennyrile Chamber Alliance (SPCA). In addition, she served on the Board of Alpha Alternative Pregnancy Care Center (2008-2012) and has been involved in other organizations and committees such as the United Way of the Pennyrile, Partners in Education, and Hopkinsville-Christian County Leadership Alumni.
She has more than 27 years of banking experience. She relocated to Hopkinsville from Michigan City, Indiana, where she worked as senior trust administrator at Horizon Trust & Investment Management, NA.
Sellers attended Ball State (Muncie, IN) and Purdue (Westville, IN) Universities and the Cannon Trust School at University of Notre Dame (South Bend, IN.) She is an active member of All Nations House of Prayer Church where she serves on the finance committee, is a youth abstinence teacher, and the music director for the children’s church ministry.
Headquartered in Hopkinsville, Planters Bank maintains eight offices in Hopkinsville and western Kentucky, along with four plus a mortgage office in Clarksville, Tenn.
