Stock Yards Bancorp Inc. (US8610251048)

Overview

Stock Yards Bancorp, Inc. functions as a holding company for Stock Yards Bank & Trust Company, providing a broad array of financial services to individual, corporate, and other clients across the United States. With operations divided into Commercial Banking and WM&T (Wealth Management and Trust) segments, it serves the Louisville, central, eastern, and northern Kentucky regions, in addition to the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets. Founded in 1904, the company's headquarters is located in Louisville, Kentucky, illustrating its deep roots and longstanding presence in the financial services industry.

Products and Services

Stock Yards Bancorp, Inc. offers a diverse range of financial products and services through its two primary segments:

• Commercial Banking: Focused on serving individual consumers and businesses, this segment provides:
  • Retail lending
  • Mortgage banking
  • Deposit services
  • Online banking
  • Mobile banking
  • Private banking
  • Commercial lending, including commercial real estate lending and leasing
  • Treasury management services
  • Merchant services
  • International banking
  • Correspondent banking
  It also offers securities brokerage services through an arrangement with a third-party broker-dealer.
• WM&T (Wealth Management and Trust): This segment is tailored to providing more specialized financial services, including:
  • Investment management
  • Financial and retirement planning
  • Trust and estate services
  • Retirement plan management for businesses and corporations
  These services aim to cater to the more nuanced financial needs of clients, from individuals seeking wealth management advice to corporations securing retirement benefits for their employees.