"Termination of the Memorandum at Citizens Northern is a significant milestone," states Lloyd C. Hillard, Jr., President and Chief Executive Officer of the Company.
"The Bank has made considerable progress improving its overall financial condition and, as a result, the Memorandum has served its purpose and is no longer necessary. We are pleased to receive this acknowledgement by our regulators."
Farmers Capital Bank operates 35 banking locations in 22 communities throughout Central and Northern Kentucky, a data processing company, and an insurance company.
