Forcht Group of Kentucky

Forcht Group of Kentucky
Management Services Company
Industry Banking and financial services, insurance, nursing homes and health care, broadcasting and print media, retail, data and Web design services, real estate, construction
Founded Nursing home group-1972; Broadcasting group-1981; Banking group-1985
Headquarters Lexington, Kentucky and Corbin, Kentucky, United States
Key people
 Terry Forcht, President & CEO, Debbie Reynolds, Chief Operations Officer, Roger Alsip, Chief Financial Officer, Ted Forcht, Rodney Shockley and Mark Terry, Directors, Corporate Board
Total assets $1.012 billion USD (2008) (Banking division only)
Website http://www.forchtgroup.com/

Forcht Group of Kentucky (pronounced "fork") is a group of companies principally owned by Terry E. Forcht, with corporate headquarters in Lexington, Kentucky and Corbin, Kentucky. The corporation employs more than 2,100 people in many companies specializing in banking and financial services, insurance, nursing homes and health care, broadcasting and print media, retail, data and Web design services, real estate and construction. Forcht Group of Kentucky officially changed its name from First Corbin Financial Corporation on November 10, 2007. The company also sponsors "The Forcht Group of Kentucky Center for Excellence in Leadership" lecture series which began in 2005 at University of the Cumberlands, where Terry Forcht formerly taught business.

Forcht Bank

The largest of Forcht Group's businesses is Forcht Bancorp, which is a management services company for Forcht Bank[1] which has 34 locations in 12 Kentucky counties with total assets of more than $1 billion ranking it among the top 10 Kentucky-based banks in the Commonwealth. In December 2007, Forcht Bank was formed by merging the 11 banks that Forcht Bancorp owned. The bank's locations were formerly named Boone National Bank, Campbellsville National Bank, Deposit Bank and Trust Co., First National Bank of Lexington, Laurel National Bank, PRP National Bank, Somerset National Bank, Tri-County National Bank, Williamsburg National Bank, and Eagle Bank.[2] Forcht Bank is based in Lexington, and Forcht Bancorp's headquarters is in Corbin and Lexington. The bank's slogan is "A New Direction in Banking." Forcht Bank is the title sponsor for the State Baseball Championship tournament at Applebee's Park in Lexington, Ky.

Forcht Broadcasting

On April 23, 2008 Forcht Group of Kentucky announced that Key Broadcasting is now Forcht Broadcasting. Forcht Broadcasting currently operates 19 radio stations in Columbia-WAIN-AM and WAIN-FM, London-WFTG-AM, WWEL-FM and WANV-FM, Hopkinsville-WHOP-AM and WHOP-FM, Paintsville-WSIP-AM and WSIP-FM, Somerset-WYKY-FM and WTLO-AM, Whitesburg-WTCW-AM and WXKQ-FM, Olney, Illinois- WVLN-AM, WSEI-FM and WIKK-FM, and Crawfordsville, Indiana-WCVL-AM, WIMC-FM and WCDQ-FM. Forcht Broadcasting stations are affiliates for a variety of pro, college and local sports including the University of Kentucky Sports Network, NASCAR Nextel Cup, Nationwide (formerly Busch), Craftsman Truck and IRL Racing Networks, Cincinnati Reds, St. Louis Cardinals, Nashville Predators, Cincinnati Bengals, Indianapolis Colts and local high school sports.

List of companies

Banking and financial services

Health care

Broadcast and print media

Insurance

Retail

Technology

Service group

Real estate

*Minority ownership

References

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