Boyle Bancorp, Inc. (BYLB)

Overview

Boyle Bancorp, Inc., through its subsidiary Farmers National Bank, provides an extensive array of commercial and personal banking services across the United States. Founded in 1879 and headquartered in Danville, Kentucky, the institution serves the banking needs of Boyle, Casey, Garrard, Lincoln, and Mercer counties in Kentucky. Operating through a network of 12 banking locations, Boyle Bancorp, Inc. combines traditional banking services with modern financial products, catering to a diverse clientele.

Products and Services

Boyle Bancorp, Inc. offers a comprehensive suite of banking products and services designed to meet the financial needs of both individuals and businesses.

• Personal and Commercial Banking Accounts:

  Includes checking and savings accounts, money market accounts, certificates of deposits, and Individual Retirement Accounts (IRAs), catering to the varied needs of customers for daily transactions and savings.

• Loan Services:

  Provides a broad spectrum of loan products, including auto, recreational vehicle, boat, ATVs/UTVs, and CD-secured loans, as well as loans secured by marketable securities. Residential loans cover construction, FHA, VA, home equity, and rural housing loans. The company also offers fixed-rate and adjustable-rate mortgages, accommodating different financial situations and housing needs.

• Business Loans:

  Business-oriented loans include options for commercial real estate, multi-family dwellings, commercial construction, business equipment, and lines of credit, supporting businesses at various stages of growth and operational needs. Agriculture loans cater to the specific needs of the farming sector, offering farm equipment financing, real estate and farm improvement loans, operating and refinancing options, and sweep loans/accounts.

• Equine Loans:

  Specialized loans for the equine industry, offering mare/stallion and farm financing to support the unique needs of breeders, owners, and equine businesses.

• Additional Banking Services:

  Includes automated clearing house, remote deposit capture, reorder checks, safe deposit boxes, wire transfer, and overdraft protection services. These auxiliary services augment the banking experience, providing convenience and security for customers.

• Debit and Credit Cards:

  Offering a range of debit and credit card options to fulfill daily financial transactions and needs, meshing convenience with rewards and security features.

• Digital and Investment Services:

  Covers investment and wealth management, brokerage, and insurance services, along with modern banking conveniences like ATM, and online and mobile banking services. These offerings align with the evolving financial landscape, catering to clients who seek digital access and comprehensive financial planning and investment solutions.