Posts Tagged ‘Revolution in Banking’


Stop Senior Hunger

Did you know that… 1 in 9 senior citizens are at risk of hunger? 30% of local seniors that receive assistance from GRADD (Green River Area Development District) have to choose between buying food or getting medical care? 35% of our local seniors that receive assistance from GRADD have to choose between buying food or paying for utilities? Alarming, isn’t it? You would expect to see these in the headlines in a developing country or maybe a country crippled by conflict. Unfortunately, these headlines could appear in any of our national papers or lead any national news broadcast right here in the United States.read more...

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Post by Chris Reid at May 12th, 2011

A GREAT Place to Bank, A GREAT Place to Work

Five years ago, the Human Resources Department at the Bank approached me with a request to enter the Best Places to Work competition for the State of Kentucky.  At first, I was a little reluctant with the uncertainty that we could even make the list out of the 17,000 business across the Bluegrass State and worried that it might also produce more problems than answers and solutions, as many questionnaires tend to do. 2007 was our first year to enter and not only did we place 7th in the small to medium sized category but also learned quite a lot fromread more...

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Post by Chris Reid at April 28th, 2011

For Those Who Still Believe in Happy Endings

“Every time a bell rings an Angel gets its wings.” What a great ending to the movie “It’s a Wonderful Life.”  I recently read an article that hypothesized how the story would end if it were played out today.  It predicted that...
  • Martini’s Bar filed Chapter 7 bankruptcy
  • The builder in the Bailey Park subdivision got caught in mortgage fraud
  • The examiners put Uncle Billy in jail even though the money was replaced
  • George is fired by the board only a month before the Bailey Building and Loan closes but receives a $5,000,000 Golden Parachute severance
  • George then leaves his small hometown and family toread more...

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    Post by Chris Reid at February 16th, 2011

Revolutionary Riders

You may ask what makes Independence Bank Revolutionary... One thing that makes us Revolutionary is the way we go to battle. Once our cause has been established, we go at it with brute force and in a way that no one else would. In late September, we decided that our cause was to fight cancer and the American Cancer Society's Relay for Life would be our beneficiary. We wanted to come up with a way to raise money and awareness for this cause that would also be beneficial to our employees. That is when the bike ride came into play. Our entireread more...

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Post by Chris Reid at November 17th, 2010

Revolutionary Ways Land IB in the Top 10 in the Nation

Can doing the right, fair and honest thing for your customers, shareholders, employees and communities parlay into a nice return to investors?  At Independence Bank there are 232 revolutionaries that work at the bank and believe in an Old Banking Formula that has proven two years running that it is more than possible.  ABA Banking Journal announced in its June 2010 issue that Independence Bank has been named  one of the Nation's Top 10 Performing Banks (page 36) in the  >$100 million <$3 billion category. IB placed #8 this year, bettering last year's #11 finish. When you examine the top 25 it might seem odd that a bank whose serviceread more...

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Post by Chris Reid at June 18th, 2010