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Morgantown Bank & Trust Unveils New Main Office

Community members, local leaders and Morgantown Bank & Trust officials gather for a ribbon-cutting ceremony celebrating the grand opening of the bank’s new main office in Morgantown on April 28.   PHOTO | Beverly Bonilla

 

 

Story and pictures by Beverly Bonilla

On April 28, Morgantown Bank & Trust marked a major milestone with the grand opening of its new main office, celebrating alongside community members, local leaders, and longtime supporters.  Several hundred were in attendance.

The morning began with a ribbon-cutting ceremony held at 10 a.m. followed by live performances by the Butler County High School band and Choir, along with refreshments, door prizes, and guided tours of the new facility.

Jason Jones, President/CEO, opened the ceremony by recognizing members of the board of directors before inviting Butler County Judge Executive Tim Flener to offer the blessing.  Jones then introduced the former Chairman of the Board, Forrest Taylor, followed by the current Chairman Sam Moore.

Moore spoke on the banks deep local roots, noting that Morgantown Bank and Trust remain a locally owned community bank with 229 stockholders and more than 90% of them are from Butler County or have close ties to the area.  He added that the bank has been providing personal and business banking services for more than 145 years and is believed to be one of the oldest chartered banks still in operation in Kentucky, with some considering it the oldest.  Moore stated “This is your bank and we are very pleased to say that”

Judge Executive Tim Flener also addressed the crowd, emphasizing the importance of the new facility to the community. Flener stated “This new facility is more than just a building, it’s a symbol of continued growth, confidence in our community, and a shared vision for the future.  It reflects not only the success of Morgantown Bank & Trust, but also the strength and momentum of Butler County as a whole.”  Fleener officially welcomed the new facility to the community.

Morgantown Mayor Billy Phelps followed, sharing his appreciation for the bank’s longstanding role in the city.  The mayor stated “The truth of the matter is that Morgantown Bank is Morgantown. It created our town and helped sustain our town.  We are not just proud of Morgantown Bank & Trust, we are all part of it, and it’s part of us.  On behalf of the City of Morgantown, we thank them.  They’re not just opening a new building they’re opening a new branch of neighbors.  They’ve always been part of us, and now they’re just a new neighbor across the street with the unbelievable new building.”

Jason Jones returned to the podium to thank the many individuals who played a role in making the new facility possible, noting that countless people were involved in bringing the project to life.  Jones stated, “This is the conclusion of a chapter in a book that is not even halfway written, a book that began in 1880.” He also recognized the bank’s employees, calling them the heart of the organization. “Without them, where would we be?
he said.

Jones went on to highlight several upcoming developments in the community, including a new library, a park planned at the corner of G.L. Smith Street and Main Street, and a new justice center, all projects helping move Morgantown and Butler County forward.

Today, the bank continues to grow, reporting nearly $440 million in assets, with three locations in Warren County, a loan production office in Nashville, and a new office in Beaver Dam, which is expected to be completed soon.

Deneatra Henderson, Morgantown Chamber President, closed the ceremony by expressing appreciation for the bank’s decades of service, its continued investment in the community, and its strong partnership with the local chamber.

The opening of the new main office represents not only continued growth, but also a lasting commitment to the people and future of Butler County.

 

 

 

 

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