Heritage Bank parent company HopFed Bancorp, Inc. to acquire Tennessee-Based Sumner Bank & Trust
February 13, 2013
Hopkinsville, KY – HopFed Bancorp, Inc. (NASDAQ: HFBC) (“HopFed”), the parent company of Heritage Bank in Hopkinsville, Kentucky (“Heritage”), today announced that it has entered into a definitive agreement to acquire Sumner Bank & Trust (OTC Pink: SBKT), based in Gallatin, Tennessee (“Sumner”).
HopFed has agreed to pay approximately $14.3 million in cash, or $10.04 per share, to purchase all of the common stock and common stock equivalents of Sumner, including common stock that would be issued upon the conversion of Sumner’s convertible preferred stock upon a change of control (subject to adjustments). [Read more]
Heritage Bank holding company HopFed Bancorp declares Quarterly Cash Dividend
December 21, 2012
Hopkinsville, KY – HopFed Bancorp, Inc. (NASDAQ: HFBC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per share. The cash dividend will be paid on January 18th, 2013, to stockholders of record as of December 31st, 2012.
HopFed Bancorp, Inc. is a holding company of Heritage Bank headquartered in Hopkinsville, Kentucky. [Read more]
Planters Bank announces Partnership with Inova Payroll
November 10, 2012
Planters Bank has partnered with Inova Payroll, to provide payroll, HR and tax filing services for the bank’s business customers.
Hopkinsville, KY – Planters Bank has partnered with Inova Payroll, the largest Tennessee-based payroll service provider of payroll, HR and tax filing solutions.
As part of its suite of business services, Planters’ business clients will now have access to payroll and HR solutions utilizing convenient, state-of–the-art, single database technology.
“Planters Bank is committed to building and maintaining strong relationships with our business customers by offering them products and services designed to help them succeed.” said Elizabeth McCoy, President and CEO of Planters Bank. [Read more]
Planters Bank plans the purchase of Five Old National Bank Branches
August 18, 2012
Hopkinsville, KY – Planters Bank announces its intention to acquire five Old National Bank branches in Princeton, Providence, Dawson Springs, Sebree, and Sturgis, Kentucky.
In connection with the acquisition, Planters is assuming all of the deposit liabilities of the branches, but is not acquiring any loans. The total deposits being assumed were approximately $92 million as of August 1st, 2012.
Plans call for the transaction to be complete within 90-120 days, subject to regulatory approval and the satisfaction of other customary closing conditions. [Read more]
Greetings from Fort Campbell! Home of America’s Air Assault Division!
May 29, 2011
Written by John F. Campbell
Major General, US Army, Commanding
CSM Schroeder and I wanted to send a note to thank you for the support you provided to our Army Families and Soldiers here at Fort Campbell. Most of our Soldiers have returned from deployment, but many remain in harm’s way. We thank you in advance for the world-class support you and the communities surrounding Fort Campbell continue to provide them and their Families.
We have continuously been impressed with the level of support between Fort Campbell and the great surrounding communities including Clarksville, Hopkinsville, Oak Grove, and other areas in Middle Tennessee and Western Kentucky. Each of your communities does so much for our Soldiers and our Families which makes Fort Campbell such a desirable duty assignment for so many military Families. Upon our return from deployment, we felt we were truly coming home.
(Left to Right) Scott C. Schroeder, Command Sergeant Major, USA , Division Commander Sergeant Major and John F. Campbell, Major General, US Army, Commanding.
