Limestone Bank Announces Opening of New Branch in Lexington

Rhea-AI Summary

Limestone Bank, based in Louisville, Kentucky, has opened a new full-service banking center in Lexington at The Fountains at Palomar. This center features a modern design with private offices and a walk-up ATM, marking the bank's commitment to serving local communities. Limestone Bank offers various commercial banking products, especially in equine lending, leveraging its experienced team. A ribbon-cutting ceremony is scheduled for June 2, welcoming community members. This expansion supports the economic impact of the equine industry in Lexington and beyond.

Positive

• Opening of new full-service banking center in Lexington enhances community presence.
• The bank is positioned as a leader in equine lending, catering to a niche market.
• Commitment to invest in local communities showcases corporate responsibility.

Negative

• None.

Limestone Bank, Inc. (“the Bank”), a Louisville, Kentucky-based bank wholly-owned by Limestone Bancorp, Inc. (NASDAQ: LMST), is celebrating the opening of another Lexington banking center located in the new shopping center development, The Fountains at Palomar, at the corner of Harrodsburg Road and Man o’ War Boulevard.

New Lexington Banking Center, located at The Fountains of Palomar (Photo: Business Wire)

The brand-new full-service banking center is now open, complete with a stone façade, large limestone lobby, 8 private offices, walk-up ATM, and curbside banking services. The banking center is among the first businesses to open in the new 16.25-acre development. Once complete, The Fountains at Palomar will feature a variety of amenities, restaurants and retail shops, located just five minutes from Keeneland and the Blue Grass Airport.

“Today’s announcement is another reminder of the Bank’s continued promise to support and invest in the communities we serve, and in particular our commitment to the equine industry and the positive economic impact it has not only in Lexington, but across the Commonwealth,” said John T. Taylor, president and chief executive officer. Limestone offers a broad range of commercial banking products and services for the small to medium size business segment. Additionally, the Bank is uniquely positioned as one of the few financial institutions to prioritize working capital and real estate options in the equine lending space with decades of dedicated commercial lending expertise in the fundamentals, trends, and cycles unique to the industry.

The Bank will hold a ribbon cutting celebration on Wednesday, June 2^nd, from 12 p.m. – 1 p.m. and will be joined by Commerce Lexington, Bank staff and members of the community. The celebration is open to the public; however, capacity limitations will be enforced.

The physical address is: 3880 Fountainblue Lane, Suite 120, Lexington, KY 40513. Lobby hours are Monday – Thursday 9 a.m. – 4 p.m., and Friday 9 a.m. – 5 p.m., and walk-up ATM services are available 24/7. For more information about this and other Limestone Bank locations, please visit LimestoneBank.com/Find-A-Branch.

For more information, please contact Morgan Tiemann at MTiemann@LimestoneBank.com.

About Limestone Bank, Inc.

Limestone Bancorp, Inc. (NASDAQ: LMST) is a Louisville, Kentucky-based bank holding company, which operates banking centers in 14 counties through its wholly-owned subsidiary, Limestone Bank. The Bank’s markets include metropolitan Louisville in Jefferson County and the surrounding counties of Bullitt and Henry and extend south along the Interstate 65 corridor. The Bank serves south central, southern, and western Kentucky from banking centers in Barren, Butler, Daviess, Edmonson, Green, Hardin, Hart, Ohio, and Warren counties. The Bank also has banking centers in Lexington, Kentucky, the second largest city in the state, and Frankfort, Kentucky, the state capital. Limestone Bank is a traditional community bank with a wide range of personal and business banking products and services. Member FDIC. Equal Housing Lender. NMLS ID #450016.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210601005121/en/

FAQ

What is the location of the new Limestone Bank branch?

The new Limestone Bank branch is located at 3880 Fountainblue Lane, Suite 120, Lexington, KY 40513.

When is the ribbon-cutting ceremony for the new branch?

The ribbon-cutting ceremony will take place on June 2, from 12 p.m. to 1 p.m.

What services does Limestone Bank provide?

Limestone Bank offers a wide range of personal and commercial banking products and specializes in equine lending.

What are the operating hours for the new Lexington banking center?

Lobby hours are Monday – Thursday from 9 a.m. to 4 p.m., and Friday from 9 a.m. to 5 p.m.

Is the Lexington branch accessible 24/7?

Yes, the walk-up ATM services at the Lexington branch are available 24/7.