FNB Bank hosted Senator Mitch McConnell, along with KBA President and CEO, Ballard Cassady and over 25 area bankers at the Main Office in Mayfield, Kentucky, on Friday, July 6th. The meeting focused on area bankers discussing issues that affect their daily operations, such as the increased compliance and monitoring issues, the Dodd-Frank Reform Act and much more.
“It was an honor to host and hear from Senator McConnell regarding today’s banking issues and how the future election could potentially affect the banking world,” stated Marty Nichols, FNB President and CEO. “It was important for the Senator to hear the issues that community banks are facing every day, as we still want to invest in our communities.”
Senator McConnell was very empathetic during the discussion as he discussed the Dodd-Frank Reform Act. “The punish Wall Street bill was more like the punish Main Street bill,” stated Senator McConnell. McConnell stressed that the next election could not be bigger and was hopeful to bring some change to some of the past bills.
FNB Bank, founded in 1875, is one of the oldest banks in the state of Kentucky and ranks among the highest in the nation in the area of safety and soundness. The bank currently has eight locations: Mayfield Main, Mayfield Southside, Wingo, Lone Oak, Paducah, Murray, Cadiz Main, and Cadiz West. FNB is member FDIC and an Equal Housing Lender.