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Director of local bank receives nomination from President Obama

President nominates Pete Mahurin to serve as a member of the Tennessee Valley Authority Board of Directors. He is chairman of Albany Bancorp, owner of First and Farmers National Bank which has locations in Adair, Cumberland, Clinton, and Pulaski Counties. The Mahurin family supports Lindsey Wilson College and Governors Scholars of Kentucky
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Mr. Peter "Pete" Mahurin, Chairman of Hilliard Lyons Financial Services, was nominated to serve as Member of the Tennessee Valley Authority Board of Directors by President Barack Obama. Mr. Mahurin has served Hilliard Lyons in different capacities since 1968. He earned a B.A. in Chemistry from Western Kentucky University, and worked as a high school math and science teacher before beginning his career with Hilliard Lyons.


Mr. Mahurin serves locally as Chairman of the Board for Albany Bancorp, Inc. of Albany, Kentucky. Albany Bancorp, Inc. owns First & Farmers National Bank - a financial institution which operates 12 banking locations in Adair, Clinton, Cumberland and Pulaski Counties. First & Farmers National Bank is a strong, sound bank with assets over $450 million, and just over 160 employees in the four market areas. Pete also devotes his time and knowledge through serving on the boards of Houchens Industries, Governors Scholars of Kentucky, Cecilia Bancorp, Jackson Financial, and Gray Construction.

Mr. Pete Mahurin and his wife, Dixie, have been honored by many organizations for their philanthropic work. They were recipients of Western Kentucky University's Philanthropists of the Year award in 2011. Their desire to further education for Kentucky students is evident through the creation of the Mahurin Endowed Professorship in Gifted Studies at Western Kentucky University, as well as their assistance in relocating the headquarters of the World Council for Gifted and Talented Children to WKU. The Mahurin family also supports Lindsey Wilson College, and the Governors Scholars of Kentucky program.

Regarding the nomination, Mr. Mahurin states: "The Tennessee Valley Authority's vision of cleaner air, increased nuclear power, and enhanced energy efficiency is exciting, and I look forward to the day it comes to fruition. The goal for the TVA remains focused upon providing affordable electricity for its consumers. I am honored to receive President Obama's nomination to the Board of Directors of the Tennessee Valley Authority, and will serve to the best of my ability."


This story was posted on 2012-02-24 13:52:52
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Pete Mahurin nominated to serve on TVA Board



2012-02-24 - Photo from Hilliard-Lyons Co..

Mr. Peter "Pete" Mahurin,
Chairman of Hilliard-Lyons Financial Service, was nominated to serve as a Member of the Tennessee Valley Authority Board of Directors by President Barack Obama.

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