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JEFFRIES HARDWARE WHOLESALE ELECTRIC SHOWCASE GALLERY Everything for Your Home's Beauty, Comfort & Convenience 384-2123 704 Jamestown St, Columbia www.jeffriessupply.com  Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details  Taylor Rural Health We have a healthy interest in you. 384-1110 Betty's OK Country Cooking 270-384-5664 Campbellsville Road Columbia, KY
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Flowers & Gifts Columbia Utilities GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County |
Kentucky financial institutions weather economic changes CM charts derived from KY Department of Financial Institutions Dec. 31, 2008 report of total assets for State Chartered Banks in Adair, Casey, Russell, and Taylor Counties with listings for multi-county banks including Edmonton State Bank, Glasgow, KY. Click on headline for CM charts plus full story, "Kentucky financial institutions weather economic changes" Adair Co. headquartered, State Chartered Banks
Edmonton State Bank, which began in Edmonton, KY, but is now listed as Glasgow, KY, assets, (millions), $397.380 Community Trust Bank which has branches in Columbia, Greensburg, and Jamestown, and is headquartered in Pikeville, KY, assets,(billions) $3.009,531. Kentucky financial institutions weather economic changes From Commonwealth News Center FRANKFORT, KY (July 8, 2009) - The Kentucky Department of Financial Institutions (DFI) today released its 2008 Annual Report. Despite the national economic downturn, state-regulated financial institutions in Kentucky remain strong and able to serve their customers. "On several occasions, Governor Steve Beshear characterized financial times in 2008 as difficult, unprecedented and tumultuous," said DFI Commissioner Charles Vice. "Despite this challenge, financial institutions operating in Kentucky have continued to provide growth opportunities and financing solutions within their communities." State-chartered banks and credit unions continue to lend responsibly to their customers. The total assets of both increased during 2008 - state-chartered bank assets increased approximately $2.4 billion and state-chartered credit union assets increased $153 million. For the majority of state-chartered financial institutions, capital ratios reflect well-capitalized levels, and earning performance declined only moderately during 2008. While the recession has revealed some national Ponzi and fraud schemes in the securities industry, DFI has continued to ensure that the investment companies, broker-dealers and advisers serving Kentucky citizens are operating legally and ethically. For example, DFI participated in the national auction rate securities settlement, which will result in investment companies paying over $1 million in fines in Kentucky in 2009. "Our staff works closely with local and federal law enforcement agencies to convict those who attempt to operate outside the law," Vice said. "DFI also provides financial literacy resources to Kentucky citizens to help them avoid becoming victims of fraud. We're continually working to increase these educational outreach opportunities." While the number of mortgage companies and brokers declined in Kentucky in 2008, the industry remains strong and well-regulated. Passed in the 2008 session, House Bill 552 added a number of consumer protections, such as establishing the Kentucky Homeownership Protection Center, limiting prepayment penalties and capping broker fees, among other things. Additional changes are on the way, as DFI begins to implement House Bill 106, which passed in the 2009 session and will bring Kentucky laws into compliance with the requirements of the new federal S.A.F.E. Act. Another bill that will bring changes in 2009 is House Bill 444, regarding enhanced oversight of the payday lending industry. "While these are difficult economic times, Gov. Beshear has the ability to lead the Commonwealth through this recession and to oversee the economic expansion that will follow," Vice said. "DFI will continue to fulfill its mission and closely monitor the financial services industry in Kentucky." The DFI Annual Report contains statistical and historical information regarding the financial services industry in Kentucky. For more information, or to view or download the entire report, visit PDF: 2008 Kentucky Department of Financial Institutions Report. DFI is an agency in the Public Protection Cabinet. It supervises the financial services industry by examining, chartering, licensing and registering various financial institutions, securities firms and professionals operating in Kentucky. DFI's mission is to serve Kentucky residents by maintaining a stable financial industry, continuing effective and efficient regulatory oversight, promoting consumer confidence, and encouraging economic opportunities. This story was posted on 2009-07-09 02:09:33 Click Here for a printable version of the article. Have comments or corrections for this story? Use our contact form and let us know. Bookmark: Facebook | Del.icio.us | Suggest One of these signs could save your life or the life of someone you love  (ADV) FFA Address Marker orders may be placed at Four Adair Co., KY businesses We are announcing a new option to make it more convenient for people to place orders and pick up signs puchased from the Adair County FFA. Two local businesses have agreed to provide a location for people to place an order and pick up their sign when it is finished. You can now place an order at:
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Shop for books by Local Authors  Campbellsville  Jim Flowers 270-384-0555  
If You're Thinking of Selling, Let Us Do the Yelling MURRELL BURTON Principal Broker & Auctioneer Burton Real Estate & Auction Service 384-3433 Call Us For Appraisals Click for Listings  906 Greensburg St Columbia, KY (In Curves Building) (270) 385-9092 J & F Variety Christian Book Store Christian tapes, CDs and Karaoke Music, Bibles, books, apparel and teaching materials. Click for Info Mulligan's
at the Pines 275 Country Club RD (270) 384-3613 Find out What's Cooking Every Day on Columbia Magazine Columbia Pharmacy and the Dr. Phil Aaron Medical Center A Place of Healing for Body, Mind and Spirit 270-384-2117 Click for More Info  Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... |
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