Featured Savings Rates
Featured Accounts
Overview / Commentary
859-244-1961
2404 Sir Barton Way
Lexington, KY 40509

Forcht Bank is headquartered in Lexington and is the 11th largest bank in the state of Kentucky. It is also the 721st largest bank in the nation. It was established in 2002 and as of December of 2017, it had grown to 294 employees at 26 locations. Forcht Bank has an A health rating.

Reviews (1)

Checking Account Disaster

When signing up for a checking account with Forcht Bank, I was NOT told there was a minimum for the amount that could remain in the account. I was told in the beginning it took $200 to start up the account so I happily placed my hard earned money into the account to get a local bank account set up. Within a month which was before starting my new job (which would be direct deposit) I started noticing $6 coming out of my account each week. I had used my new bank card for gas and the account had $150 before the fees starting coming out. I had no way of putting money back in there until my first paycheck and before I knew it, my account was down to below $100 and I barely had enough money to fill up my tank to get to work. I called the bank, they explained this should have been told with the type of account I had and they could put me in a "free" account if I wanted to do so. By this point, I had lost too much money and pulled the funds out. The next month I received an "overdraft" notice of $6 and $30 (fee) because the lady I spoke with did not close the account like she was supposed to. Needless to say I finally got it figured out but I was not a happy camper.



Health

Health Grade Components

Overall
FDIC Certificate #57415
Year Established2002
Employees294
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD6.64%
Annual Interest Income$38.4MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$1.06B$1.03B
LoansQ4 2017vs Q4 2016$574.0MM$566.8MM
DepositsQ4 2017vs Q4 2016$833.2MM$818.8MM
Equity CapitalQ4 2017vs Q4 2016$136.7MM$133.1MM
Loan Loss AllowanceQ4 2017vs Q4 2016$8.9MM$8.9MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$3.8MM$3.9MM
Real Estate OwnedQ4 2017vs Q4 2016$375.00K$246.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Forcht Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Forcht Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$10k*-Forcht Friend Savings
OTHER TIERS: 0.05% Up to $10k
0.05%--Simple Savings

Forcht Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$100k*-Performance Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $100k

Forcht Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Forcht Friend Checking
0.05%--55 Advantage Checking
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.