GO Chamber - Q2 2019

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GO CHAMBER . SECOND QUARTER 2019


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FROM THE CHAMBER

CANDANCE CASTLEN BRAKE President & CEO

DAVE ROBERTS 2019 Board Chair General Manager, UniFirst Corporation

Welcome to our GO Chamber Second Quarter issue, where we focus on one of our community’s most vibrant sectors!

dreams. They spend countless hours passionately planning to provide for clients in their most vulnerable times and in their most joyous times.

When someone asks us to describe our economic opportunity here, one of the first things we talk about is our banking and finance industries. These sectors are ripe with career opportunities – opportunities to advance careers and to truly build a professional life where an individual can thrive and make Owensboro home. However, as careers, banking and finance also offer the opportunity to truly make a difference in lives and in our region’s advancement.

Besides the pragmatic and obvious contributions this sector makes in our community, there is also the philanthropic side. The community service hours that our bank employees make quite literally change the face of Owensboro. Every nonprofit executive will tell you that the resources of time, talent and treasure from our local financial institutions make it possible to accomplish their missions and serve the underprivileged and disadvantaged in our community.

Look around Greater Owensboro and you will see signs on every new project: “Financing Provided by…” Each of these signs remind us that behind big dreams are banks and credit unions made up of people who decide to take risks to make the big dreams reality. It is truly a constant reminder that none of us get anywhere alone. And, all of our projects of which we are so proud became reality in a banker’s office. The financial advisors in our community are also behind those big

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GO CHAMBER . SECOND QUARTER 2019

We at the Chamber are proud to serve these men and women as our members. And we know that with them working alongside us, we can continue to dream big and keep asking “What if?” We salute you! Sincerely, Dave Roberts, 2019 Board Chair Candance Castlen Brake, President and CEO


FOUNDER/CREATIVE DIRECTOR Jason Tanner

FEATURES:

PUBLISHER Taylor West taylor@tannerpublishing.com

2ND QUARTER 2019

MANAGING EDITOR Benjamin Hoak ben@tannerpublishing.com

ADVERTISING SALES Brock Quinton brock@tannerpublishing.com

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Robert Williams robert@tannerpublishing.com

COPY EDITOR Ashley Gleason

LAYOUT DESIGN Andrea Roberson

PHOTOGRAPHER Jamie Alexander

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PRINTING Greenwell Chisholm Owensboro, Kentucky

CONTACT INFORMATION: Greater Owensboro Chamber of Commerce 200 E. 3rd St., Owensboro, KY 42303 (270) 926-1860 chamber.owensboro.com

TANNER PUBLISHING CO.

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8 14 16 20 22 26 31

THE CHAMBER REPORT

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10 QUESTIONS

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THE FINAL ANALYSIS

INVESTING IN THE COMMUNITY LESSONS IN FINANCE AND COMMUNITY CREDIT UNIONS OFFER HIDDEN BENEFITS SAVING AT EVERY STAGE OF LIFE FINANCIAL FAMILIES PROFILES OF FINANCIAL PROFESSIONALS Special Advertising Section

Marc and Cindi Bosley

Jaclyn Graves

DID ? YOU

KNOW What was the first bank in Owensboro?

FIND OUT ON PAGE 41

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GO CHAMBER . SECOND QUARTER 2019


THE CHAMBER REPORT

WHAT’S YOUR FAVORITE THING ABOUT WORKING AT THE CHAMBER? We are honored to come to work each day knowing we are serving you – a vibrant Chamber membership that truly is the best of what Greater Owensboro has to offer. We love to celebrate with you, and we are touched to be able to serve you when you need a helping hand. We have the privilege of working for a board comprised of community leaders who truly

MEET THE

CHAMBER STAFF FROM LEFT:

Jessica Shely Kirk, Talent Programs Manager and Executive Director, Leadership Owensboro Hannah Thurman, Events and Communications Coordinator Candance Castlen Brake, President and CEO Lydie Boone, Administrative Assistant Jaclyn Graves, Membership Development and Marketing Manager Susan High, Business Manager

care about our Chamber and building a Greater Owensboro for generations to come. Each of us understands the great responsibility we have to serve and to grow this organization that has stood the test of time since 1913. Thank you from the bottom of our hearts for this once in a lifetime opportunity. Susan, Jessica, Jaclyn, Hannah, Lydie and Candance

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WELCOME TO THE CHAMBER

MEMBERS ON THE MOVE

American Grease and Septic Azzip Pizza Bank of England Mortgage Battery Headquarters Inc.

in the Owensboro, KY office. He joins the Hafer team bringing

Division One Contracting, LLC

the practice of architecture within

ERA First Advantage Realty, Inc.

educational, retail, and industrial

Chuck Brown and Jared Daugherty, Market Leaders of BB&T Main and Audubon branches, were named BB&T’s Sterling Performers for their superior revenue and sales

sectors. With his diverse and broad range of experience, combined with his management expertise, West will be a valuable

attended BB&T’s 2019 Sterling

asset to the firm.

Performance Gala which was

West holds a Bachelor of

recently held in Orlando, FL. The

Architecture from the University

Annual Sterling Gala program

of Tennessee in Knoxville. West

is a corporate-wide program

spends his free time giving back

that honors the top 5% of the

to the community through service

company’s employees. Brown

to the American Institute of

achievers for the Kentucky Region - this is the 4th consecutive year Brown and the Main branch has achieved the feat.

First Presbyterian Church IDK Family Restaurant, LLC J&R Construction Keller Williams Elite Realty, Sarah Barnes KM Specialty Pump/ Straeffer Pump & Supply

production for 2018. They

and Daugherty were the top two

Burkes Outlet Cracker Barrel

over 27 years of involvement in the commercial, healthcare,

BB&T STERLING PERFORMERS

Big Roots Lavender Farm

Luthan Electric Meter Testing, LLC Marcus & Millichap Capital Corporation McCarthy Strategic Solutions, LLC Nucrete Design, LLC Oddball Creative Owensboro Daviess County Motorsports Council Owensboro Times Parlor 54 Play Smart Preschool Profile by Sanford Pure Life Yoga Reynolds and Associates Rising Lotus Inc SignPros Taco Tuesday’s TEXPERT Technology-Expertise T.H.E. Insurance Group The UPS Store Thrivent Financial

Architects, his church, and the

To The Max Behavior Therapy, LLC

local United Way. West plans to

TownePlace Suites

relocate to Owensboro along with his wife, Julie.

TriState Community Clinics, LLC TrueNorth Treatment Center, LLC Vancil Insurance Services LLC Voldico Insurance White Chateau at Cecil Farms

HAFER HIRES ASSOCIATE AND ARCHITECT

GIRLS INC.

Hafer is proud to announce and

Girls Inc.! Celebrating 50

WKU Owensboro Alumni Chapter

welcome Sidney K. “Ket” West II,

YEARS of Strong, Smart,

Woodmen Life

AIA as an Associate and Architect

and Bold.

Happy Anniversary to

Whitesville Historical Society Wildwood Inc.

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THE CHAMBER REPORT

CHAMBER BEHIND THE SCENES:

2019 CHAMBER WORKS EXPO

PRESENTED BY THE OWENSBORO CONVENTION CENTER

The 2019 Chamber Works Expo, presented by the Owensboro Convention Center, showcased more than 50 Chamber Members on April 25. Thank you to our presenting sponsor, the Owensboro Convention Center, and to all of the exhibitors and guests who made this event so much fun!

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CONGRATULATIONS TO THE LEADERSHIP OWENSBORO CLASS OF 2019! THE 2019 LEADERSHIP OWENSBORO GRADUATION AND ALUMNI RECEPTION, SPONSORED BY WESTERN KENTUCKY UNIVERSITY, WAS HELD MAY 2 AT THE COMMERCE CENTER TO CELEBRATE THE CLASS OF 2019 AND CONNECT WITH LEADERSHIP OWENSBORO ALUMNI. Dr. Angela Ash, Owensboro Community and Technical College David Boarman, Owensboro Municipal Utilities Audrey Collins, Daviess Co. Specialty Court Andrea Crabtree, BB&T Laura Ruth Edge, L. Ruth Interior Design Amber Farmer, Disaster Team Elizabeth Griffith, Greater Owensboro Economic Development Corporation Amber Hall, Daviess County High School Dr. Jenny Jackson, Owensboro Community Health Network Eddie Kenny, Kentucky Wesleyan College Jacob Kiper, Matthew 25 AIDS Services, Inc. Brandon Lucas, Southern Star Central Gas Pipeline Justin Marks, Independence Bank Angela Mayfield, South Western Communications Patty Millay, U.S. Bank Charlie Payne, UniFirst Corporation Leslie Neeley, Kenergy Corp. Ade Oredein, Owensboro Community and Technical College David Powell, City of Owensboro Police Department Shannon Raines, Hilliard Lyons Jared Revlett, Owensboro Public Schools Mason Richardson, Republic Bank Sidney Riney, Greater Owensboro Economic Development Corporation Dr. Janet Rowland, Rowland Family Dentistry, LLC Morgan Russelburg, Brescia University Shane Satterfield, Shane Satterfield-State Farm Kara Schroader, Daviess County Public Library William Starks, U.S. Bank Madison Strobel, Owensboro Health Lindzey Trogdon, First Security Bank, Inc. Erica Wade, Owensboro Health

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THE CHAMBER REPORT

THE

READING

THE TREASURE PRINCIPLE

(UNLOCKING THE SECRET OF JOYFUL GIVING) AUTHOR: RANDY ALCORN

LIST

Overview: In the Gospel of Matthew, Jesus made the following statements about treasures: “Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal; for where your treasure is, there your heart will be also.” He was not saying that earthly treasures are bad, but rather that they will not last. Alcorn summarizes his thoughts by writing, “You can’t take it with you – but you can send it on ahead.”

The Takeaway: (1) God owns everything. When we realize that we are merely stewards of what belongs to God, we better understand our role as managers. (2) Our hearts follow where we put God’s money. Our checkbooks, charge card statements, and receipts indicate what we value the most. (3) If Heaven is our home, we see the fleeting nature of earthly goods and pursuits.

REVIEWED BY: Gregory C. Longtine, CPA, CFP® Financial Professional

(4) If we are living in light of eternity, the decisions we make will be more in line with eternal values. (5) Generous giving is one of the best cures for materialism. (6) God blesses us with resources so that we can give more generously.

H A N D - P I C K E D What is your top book for a summer read? Sapiens: A Brief History of Humankind

Life is So Good

by Yuval Noah Harari

by George Dawson and Richard Glaubman

by J.K. Rowling

- David Little

- Wade Jenkins

-Kevin Young

U.S. BANK

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GO CHAMBER . SECOND QUARTER 2019

OLD NATIONAL BANK

Harry Potter and the Prisoner of Azkaban

EDWARD JONES

Neon Prey

by John Sandford

-Jeremy Edge

HOBGOOD WEALTH ADVISORS


EXECUTIVE ANSWERS

ON THE RECORD

What is the top thing you could do today to start improving your financial situation? JEREMY EDGE

JERRY GOETZ

DREW WATSON

I think the simplest and easiest thing is to increase their retirement savings by 1%. That is likely not going to be financially burdensome and you are doing something for your future. If a person makes $30,000/year and increases their contribution by 1%, depending on the tax bracket, you’re looking at somewhere between $20-$25/month difference in their take home pay. With an average return of 7% on those dollars going in every year, for the next 20 years, that person would have saved an additional 50% of their entire salary.

The top thing a person can do today to begin improving their financial situation is live on less than you earn and have the discipline to apply the difference toward debt reduction and/or savings contributions on an ongoing basis.

For a dramatic improvement faster, start with both sides of your personal income (Profit & Loss) statement. Find one or two items you can live without and cut them from your budget (the expense side of the personal P&L), and find one or two ways of adding a little income to the revenue side of your personal P&L. If you can work a little overtime or pick up just a small seasonal job on the side, this will help. If you are salaried, talk to your bosses about bonus potential and work towards that. Nothing improves finances faster than working both sides of the Personal P&L.

VICE PRESIDENT, WEALTH ADVISOR HILLIARD LYONS, HOBGOOD WEALTH ADVISORS

MITCH SETTLE

SENIOR VICE PRESIDENT, CHARTERED WEALTH ADVISOR HILLIARD LYONS, SETTLE WEALTH ADVISORS

My best advice would be to start saving early. The power of compounding and staying in the market is huge. Also, save as much as you can in tax-sheltered accounts. That is one of the best ways to build wealth. This can be done through IRAs, 529s, 401ks, etc. Anytime you can avoid paying taxes is good for building wealth.

PRESIDENT, CFP, CFS, CRPC RETIREMENT & FINANCIAL STRATEGIES

PRIVATE WEALTH ADVISOR, ALIGN WEALTH MANAGEMENT

KEVIN J. YOUNG FINANCIAL ADVISOR, EDWARD JONES

Take advantage of available opportunities. If you work for an organization that offers a 401(k) or similar plan, contribute as much as you think you can afford. At the very least, put in enough to earn your emoloyer’s matching contribution, if one is offered. And every time your salary goes up, increase the amount you invest in your plan. Also, think about opening an IRA, which, like a 401(k), can offer tax-advantaged investment opportunities. If you have children, you’ll also want to explore college savings vehicles, such as a 529 plan.

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INVESTING IN THE

COMMUNITY F

14

By Jacqueline Jordan

or local banks, being part of the community comes

program at Estes Elementary School. Independence

with a responsibility to improve it.

Bank employees visit 24 students and read for 30

“Sometimes you have to do something because

minutes to an hour, helping the students improve their

it’s the right thing to do, not because of marketing

reading scores.

or getting our name out there,” said Susanne Story,

Independence Bank Community Enrichment Officer.

start in second grade with them and we go with them.

“Sometimes your heart says do it.”

Some go have lunch with them at the middle school. It

Story’s role handles donation requests and

provides a constant friend, and I think I’m most proud

sponsorships, but she said they do much more than

of that. I’ve seen the results in the kids - not just the

write a donation check - they get involved. It’s that

reading scores.”

philosophy that encouraged employees to complete

more than 5,000 volunteer hours last year. Additionally,

where we live a better place,” she said. “By doing that

most staff serve on a board or committee on the non-

you help develop these relationships, If that works into

profit side.

accounts and loans, that’s great, but it’s more about

being a positive impact. It just fuels you to do more and

“I can send an email and ask for five volunteers and

“It turned into a mentorship,” she explained. “We

“We live in this community, so it’s our job to make

I get 10 or 15,” Story said. “It makes us stronger as a

more.”

bank family. Working and playing together makes us

better.”

set out to double their 3,500 volunteer hours from 2018.

One project Story is especially proud of is a reading

GO CHAMBER . SECOND QUARTER 2019

U.S. Bank is also in the volunteer business, as they According to Vice President Patty Millay, U.S.


< < U . S . B A N K V O L U N T E E R S A T H E L P B U I L D H O P E F O R H A B I T A T F O R H U M A N I T Y.

Bank is committed to its employees to get involved in the communities in which we live and serve. “Each U.S. Bank employee is granted 16 hours of paid time to volunteer in our community, she said. ”This empowers everyone to get involved with projects that interest each individual. Many business lines select a large scale effort such as Habitat for Humanity as a team project. We have volunteers in the community on a weekly basis.”

“U.S. Bank is proud to be part of

Owensboro and Daviess County,” said

LEFT: SOUTH CENTRAL BANK SUPPORTING BOWL FOR THE CURE RIGHT: FRIDAY AFTER 5 ON JUNE 29, 2018 SPONSORED BY SOUTH CENTRAL BANK

Millay. “Our U.S. Bank family serves a wide range of civic, non-profit and community service boards. U.S. Bank sponsors major community events such as Balloons In The Garden, Friday After 5, and Concert On The Lawn.”

Vice President of Lending Kevin Gibson

said South Central Bank invests both dollars and time to the local community. "We invest dollars through loans given to individuals and companies that allow those entities to grow and prosper within the community

INDEPENDENCE BANK ACCEPTING AWARD FOR THE HOSPICE SPRING FLING TRIPLE CROWN SPONSORSHIP

which provides jobs and income to families," he said.

In addition to the dollars invested

through loans, South Central Bank also donates a significant amount of money and time to organizations and events that support various activities and causes within the community including March of Dimes, Bowl for the Cure, Friday After 5 and many more.

"We don’t see the people and businesses

in our community as sources of income to the bank," said Gibson." We view everyone within our community as friends and family all working together to enhance the lives of everyone calling our community home."

LEFT: ESTES ELEMENTARY STUDENTS’ ART GIVEN IN APPRECIATION FOR THE INDEPENDENCE BANK VOLUNTEER READING PROGRAM RIGHT: CONCERT ON THE LAWN SPONSORED BY U.S. BANK FEATURING THE OWENSBORO SYMPHONY ORCHESTRA

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LESSONS IN

FINANCE AND

COMMUNITY MEET GERMAN AMERICAN BANK REGIONAL PRESIDENT, AMY JACKSON BY MELODY WALLACE

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When most people think of banking, they

think of numbers and calculations, not of reading and the experiences associated with it. But for Amy Jackson, regional president of German American Bank, reading and interacting with children in the Owensboro community is one of the sweet spots of her job.

Drawing from 14 years of experience in the

finance industry, Amy served as president of the Greater Owensboro Chamber of Commerce before transitioning to her role at German American Bank four and a half years ago where she now leads all of the commercial banking. Approximately one year ago, First Security Bank announced it was merging with the Jasper, Indiana-based German American Bank. The merger with First Security allowed German


American to expand into Kentucky, with First Security locations in Owensboro, Bowling Green and Lexington.

During the time Amy has been with First Security/

German American Bank, the bank created a partnership with Owensboro Public Schools and their Owensboro Reads program, adopting Sutton Elementary as their focus school. Amy and four other German American employees visit Sutton Elementary weekly and read to Mrs. Settle’s fifth grade class.

“The best part of my day is reading,” Amy said,

“getting to see these fifth graders get into the story, generating so many conversations.”

Although Amy enjoys her time reading to the fifth-

graders at Sutton, reading to school students is just a fraction of her community involvement. Amy is also chairperson at Puzzle Pieces, Inc., on the Owensboro Community & Technical College foundation board, a committed Rotarian and is very active with St. Mary of the Woods Church.

Since German American Bank also serves as the

sponsor of the annual Girls Inc. Athena awards, Amy said the bank is able to use that relationship to teach financial responsibility to young girls in the community.

“Once a girl of the month is selected, every girl gets

to come in and learn how to start saving,” Amy said. “They open a savings account and we will fund the first $100.”

While German American is able to invest in the

financial future of these young girls, Amy hopes to continue with the bank’s literacy project with the girls at Girls Inc. while the students at Sutton Elementary are out for the summer.

“We will dedicate all of the time we have spent this

school year to the girls at Girls Inc. this summer in order to work on preventing summer slide,” Amy said, referring to the expression that can describe a lapse or regression in learning some students experience during the summer months when consistent classroom learning is not taking place.

German American not only focuses on the growing

minds of students in the community, but those who

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have been displaced and need additional financial guidance as well, such as the residents at St. Benedict’s Homeless Shelter.

“We’re really working to expand our

presence here in Owensboro,” Amy said. “We’re just trying to do our part. It is one thing for companies to write checks and be sponsors, but we want to be engaged and feel what we are doing.”

With a new German American Bank

branch opening on Highway 54 in the coming months, Amy said the bank is looking for bright, community-oriented talent that they can turn into bankers, operations staff and tellers.

“It’s really all about relationships in

banking,” Amy said. “You make sure the customer gets the service that they deserve for all of the hard work that is put in.”

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CREDIT UNIONS OFFER HIDDEN BENEFITS BY LIBBY JOHNSON

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Y

ou can probably sing the commercial ditty of any number of local banks. Their logos and slogans can

Cindy Shanks, who has worked at Green River

Area Federal Credit Union for 28 years and currently

be found everywhere from Kroger carts to t-shirts tossed out at Friday night football games.

holds the title of President/CEO, explains that there are

However, you may not be as familiar with the

common bond credit unions are based on one occupation

various credit unions in our area. Managers at local credit

or association. Multiple common bond charters include

unions say if you do know much about them, you’re in on a somewhat well-kept secret. “Our credit union is member-owned; the members vote on who is on the board of directors and have input with that board,” says Debbie Arnold, Vice President of Operations at the Daviess County Teachers Federal Credit Union (DCTFCU). She explains that to be a shareholder in that particular credit union, one must be an employee of the Daviess County Public Schools, Owensboro Community and Technical College, or Heritage Christian School. Family members of those employed at those places, as well as volunteers and students, can also become members. A $5 deposit into a savings account, which Arnold mentions is a share and not a fee, is all that is needed to begin a relationship at the DCTFCU.

Many credit unions offer unique services for their

members. "What we probably are best known for is our Vertical Checking Accounts," says Clary Howard, Branch Manager at Evansville Teachers Federal Credit Union. "These fee-free accounts pay 3.0% interest (in comparison, most banks offer 0.01%) in deposits up to $20,000 which works out to, at the maximum amount, more than $50 monthly (though any amount receives the 3.0%). Along with the interest rate, we offer fee-free ATMs and if you

three different types of charters for credit unions. Single

more than one group, each having a common bond of occupation or association. A community credit union is for anyone who “lives, works, or worships” in a particular town or region.

Green River Area Federal Credit Union (GRAFCU)

is a multiple common bond charter that began in 1959 as a credit union for employees of Green River Steel. It now has over 90 sponsor groups, comprised of companies in both Owensboro, and Henderson, KY.

Shanks says area credit unions meet the credit union

philosophy of “people helping people” and that most of the local credit unions have friendly relationships with each other. The MidCentral Credit Union Chapter meets six times a year for educational opportunities and networking.

In addition to offering low rates on loans and more

return on savings, Shanks says the overall benefit to being a credit union member is that the interest a member pays on loans provides benefits to the members themselves.

“GRAFCU offers competitive rates, low fees, and

provides a full range of financial services designed to meet your needs. Plus, our friendly staff are always ready to help you and answer any questions you might have.” says Shanks. “We would love to welcome you to our credit

use another banks ATM that charges you a fee, we will

union “family”.

reimburse that amount up to $15 per month." Cindy Tong, Marketing Director at Audubon Federal

Credit Union, emphasizes the benefits of modern

Credit Union says everyone at the credit union is very

Doris Berry, President/CEO at Owensboro Federal

technology for their members. "We have something for

proud of their relationships with their members. “"Our

every generation," says Berry. "Some people want to bank

members that walk through the door aren't customers, they're family," says Tong. "We probably know the names

home and others would rather come in and talk to an

of your kids, parents and grandparents. If you need anything we'll bend over backwards to help you."

online or use our mobile app from the comfort of their actual person. No matter which you prefer, we're here for you."

Beverly Knott, President/CEO at Audubon Federal Credit Union is proud of the fact that when you call their

Although technology has dramatically changed in

office you won't get an automated phone system. "When

says one thing hasn't changed, "We've always focused on

you call Audubon Federal Credit Union a friendly human being will answer the phone ready to help."

people helping people. Every decision we make is based

her 35 years experience working in credit unions, Berry

on what is best for our members." 21

GO CHAMBER . SECOND QUARTER 2019


SAVING AT

EVERY STAGE OF LIFE “Teaching young children the value of saving money can feel a bit overwhelming, so the best thing to do is keep everything at their level.”

M

any people underestimate the importance of saving money, and that’s an expensive error to make. Everyone in all walks of life can benefit from financial literacy — from children to retirees. Two local banks are

helping educate future wage earners on the importance of saving early.

Old National Bank offers a savings account specifically geared for young savers

— Kids Start Savings. There are no minimum balance requirements, no monthly service charges and the account is ideal for kids 18 and under.

Independence Bank also has the Little Patriots Savings Club, a fun and

educational way to teach children about saving, investing and giving back to their community at a young age.

BY MEGHANN RICHARDSON

Sarah O’Bryan, retail center manager at Old National Bank, said these types of

programs are the perfect product for those just starting out on their path of good savings habits.

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GO CHAMBER . SECOND QUARTER 2019

“Opening a bank account for young wage earners is a great start for financial


BELOW: CHIP PRIDE, ASSISTANT VICE PRESIDENT AND COMMERCIAL LOAN OFFICER AT INDEPENDENCE BANK, TEACHES HIS JUNIOR ACHIEVEMENT CLASS AT THE OWENSBORO CATHOLIC K-3 CAMPUS. BOTTOM: SARAH O’BRYAN, RETAIL CENTER MANAGER AT OLD NATIONAL BANK, DISPLAYS AN ONLINE SAVINGS CALCULATOR TO APOLLO HIGH SCHOOL STUDENTS.

responsibility,” she said. “Teaching young children the value of

wage earner, to retiree.

saving money can feel a bit overwhelming, so the best thing to

do is keep everything at their level.”

for individuals, families and communities,” she said.

As kids get older, they should be taught the difference in

“Improved financial knowledge leads to a brighter future Fifth Third Bank in Owensboro works closely with Brescia

wants and needs.

University on educating their students on financial literacy. "In

“Educate them that money should be spent on needs like

the Spring Semester, we offer a free four class series for students

food, shelter and clothing first, then a small amount could be

on Budgeting and Saving, Protecting Your Identity, Boosting

spent on something they desire, and the remainder put in a

Your Credit and Financial Check Up 101," she said. "We really

savings account,” O’Bryan said. “This type of conversation is

enjoy volunteering and partnering with Brescia as these are our

important, too, to have with teenagers, especially when they get

future leaders."

their first job.”

For those looking for advice on how to save money,

for college students and Fifth Third wants these young people

O’Bryan suggested having a trusted financial advisor that can

to be vigilant in protecting their identities. "During Spring

help guide you along for all the stages of life, from early saver, to

Orientation, all Freshman must attend a financial literacy

Green also pointed out that fraud has become a major issue

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GO CHAMBER . SECOND QUARTER 2019


seminar. During this time, we discuss Fraud

harder it is to accumulate wealth,” he said.

heavily. Unfortunately, we have students

“It’s imperative that we can teach young

every year that are hit by fraud," Green said.

adults how to create a budget, live on less

money than you make and plan for a rainy

Chip Pride, assistant vice president and

commercial loan officer at Independence Bank,

said

educating

today’s

youths

and millennials about financial literacy, understanding the importance of small businesses in communities and finding ways to earn their own money will help develop them into a productive member of our community.

“Financial literacy is arguably one of

the most important skills that we can teach our children,” he said.

As a young adult, you have fewer

demands on your budget. The older you get and the more your family grows, the more demand you have on your dollar. TRISH GREEN, FINANCIAL CENTER MANAGER AT FIFTH THIRD BANK’S DOWNTOWN OWENSBORO LOCATION

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GO CHAMBER . SECOND QUARTER 2019

Pride said it is much easier to start

day. You should start financially planning for retirement at the time of your very first paycheck.”

In Owensboro, for the past two years,

U.S. Bank was the recipient of Junior Achievement’s

(JA)

Presidential

Gold

Award. This is the highest level awarded to businesses that contribute over 1,000 volunteer hours annually to JA. U.S. Bank's efforts with JA include classroom instruction and service to their Board of Directors. "We

believe

providing

financial

education for our customers and our communities

is

part

of

our

social

saving at 20 for retirement with no

responsibility," said Patty Millay, Vice

dependents than at 46 with four.

President at U.S. Bank. "We view it as an

investment in our collective future."

“The longer you wait to start, the


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AUTO FASTTRACK PROGRAM By: Bernie Hale

T

he “work and learn” model has provided new pathways to success for students in advanced manufacturing (GO FAME), business (GO CAREERS), and the TechX short-term modularized curriculum for fabrication, fork lift operation, and welding at Owensboro Community & Technical College (OCTC). In partnership with local businesses and the support of a KCTCSTRAINS grant, OCTC is bringing work and learn to the automotive field with the new Auto FastTrack program. Stepping beyond traditional lecture/lab instructional models, this program offers hands-on training in a real-world, industry environment. Students will earn wages through employment in the field three to four days per week while attending college two days per week. Sixteen students will be selected by the partner employers. Beginning on day one of the program, students will put the skills learned in the classroom directly to use in the workplace, earning credit for the skills acquired on the job. Creative course scheduling will allow students to earn stackable credentials. Program coordinator Fred Wright added, “We have bundled courses each semester that lead to industry-recognized certificates to make it possible for students to quickly earn credentials that can be used in the workplace for advancement.” OCTC President Scott Williams commented, “These innovative programs are serving the adult student better, allowing them more schedule flexibility and multiple entry/exits points. But I want to emphasize the benefits of the support of our industry partners. Without their guidance, participation, and honest feedback these programs would not be successful.”

EMPLOYER PARTNERS Six major employers in the transportation industry in western Kentucky and southern Indiana have committed to actively participate in the project by sponsoring the 16 students during the initial project period. Sponsoring employers include: Don Moore Automotive Group, Champion Ford, Pogue Automotive, Henderson Chevrolet, Harley Automotive, and Expressway Automotive Group. “This is an employer driven program that will not only meet the employer and community needs but provide a valuable life skill set preparing students to enter the transportation repair industry” commented Mike Rodgers, OCTC Chief Institutional Officer. Employer partners will assist with recruiting and selecting the students and providing mentoring at the job site. In addition, instructors will interact weekly with employers, allowing the college to ensure that training competencies align with current industry needs.

RECOGNIZING EXPERIENCE & PRIOR LEARNING “Like Tech X, the FastTrack program will also be a way that employees currently in the industry can upgrade their skills and we will award them

credit for demonstrating skills and prior learning” added Williams. OCTC will award prior credit for individuals who have received ASE certification in specific automotive courses or award academic credit for certifications earned by those who have received automotive technician training from automotive manufacturers.

PROJECT BASED, USING MASTER INSTRUCTOR For each module in the curriculum, students will be required to complete a project demonstrating skill levels. Employer partners are involved in helping design the projects to reflect situations students are likely to encounter in the field. More than just checking off the mastery of skills, master instructors will mentor and coach students as they complete the projects as part of the learning process. Regular communication between instructors and industry sponsors ensures greater relevance of the competencies taught in class to the skills used in the workplace.

HARD AND SOFT SKILL ACCOUNTABILITY Students will be required to successfully complete at least 70% of program competencies and maintain a 90% attendance rate to be successful. They will “clock in” for class, just as employees do in a real work setting, reinforcing employer expectations. “The one thing we hear consistently from our industry partners is “soft skills.” With FastTrack we will incorporate strategies to increase the student’s awareness of accountability, communication, and teamwork” said Wright. In between project steps, students and instructors will “shake on it” to indicate mutual understanding and agreement on all levels of the project, demonstrating the importance of employer and team member mutual respect and communication. A portion of the projectbased assignments will be completed by student teams, providing opportunities to troubleshoot and work with others. Students will also make a presentation at the completion of each project to demonstrate competency and provide opportunities to practice those essential communication skills. The program will lead to eight certificates that coincide with the requirements of the National Automotive Technicians Education Foundation (NATEF), which accredits automotive training programs in the United States. Students will be prepared to take the eight core Automotive Service Engineer (ASE) certifications and may also take additional general education courses to complete an Associate of Applied Science degree in Automotive Technology. The Auto Fast Track program is taking applications for students to begin in August. For more information about the program or to become an employer partner please contact Ceary Thomas at ceary. thomas@kctcs.edu or call 270-686-4623.

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GO CHAMBER . SECOND QUARTER 2019


Families FINANCIAL

BY MEGHANN RICHARDSON • PHOTOS BY JAMIE ALEXANDER 26

GO CHAMBER . SECOND QUARTER 2019


Banking is a family affair in Owensboro, with several sets of family employees scattered throughout the city. GO Chamber talked with a few of these financial professionals to find out what it’s like to work in the same industry as a close relative.

JASON NIEHAUS SOU TH CENTR AL BANK

AND

KRISTA NIEHAUS

G ERM AN A MERIC AN BANK

Jason has been working for South Central Bank for almost

seven years and is the vice president and commercial loan officer at the Kentucky 54 location. Krista is the regional senior vice president for retail banking at German American Bank.

Jason said being in the same industry as his wife works

well for their family.

“With both of us in the same industry we can certainly

understand the struggles and triumphs the other may be going through,” he said. “We’ve both been through all of the changes that have occurred in the financial industry, from regulatory changes to being part of mergers and acquisitions.”

He said the duo often gets asked how they handle working

for competitors in the same business.

“It isn’t always easy but because we’ve both been doing this

for so long we can give each other advice and support,” he said.

ANGIE DAUGHERTY MORRISON AND JARED DAUGHERTY B B &T

“Although we do not discuss client information, we do lean on each other. She works in retail and I work in commercial so we do have some differences, but we’ve both done what the other is doing at one time.” Jason said he and Krista are both active in the community and attend local events for each of their employers. “I would say the hardest thing about us both working in the same business is balancing time between work, community events, and family,” he said. “Krista is very good at what she does and with me working in the same industry I can relate and understand what she does, so I respect her for the hard work she does. I think that is a big part of the success of our marriage and relationship.” Jason said they are both fortunate to work for great companies and that both banks give them freedom and understanding when it comes to supporting their spouse. Krista agreed that they have the best of both worlds. “We have been in the financial services industry for so long that we know and understand the challenges and obstacles, but can really celebrate the wins together,” she said. “We believe in being involved in the community and are fortunate that we work for companies that support and allow us to.”

While Angie Morrison has spent more than 30 years of her career with BB&T, her younger brother Jared has only been with the company for about seven years. Both agreed BB&T is a great company to work for and that they care about their employees and community. “We have such different roles but they compliment each other,” Angie said. Jared said Angie’s dedication and leadership are inspiring not only to him as her sibling, but to other employees and people in the community. "I’m very proud of her,” Jared said. “She’s worked her way up from teller to now leading our city.” "Angie said she also had pride for her bother who was recently recognized as a top performer in the company. "He added that it’s great being able to work with family even though their paths don’t cross often. “We’re good about separating work and family,” he said. “We work with such different clients there is no competition between us. But we are a team as a bank and we help each other out when needed.” 27

GO CHAMBER . SECOND QUARTER 2019


THE REID FAMILY AND MEMBERS OF MANAGEMENT CELEBRATE THE OFFICIAL RI B B O N CUT TI NG OF THE JANET REID OPERATIONS CENTER. // PHOTO PROVIDED BY INDEPENDENCE BANK

THE

REID FAMILY

IND EPEND EN CE BANK

Bridget Reid began working at Independence Bank while

she was engaged to her now-husband, Jacob Reid in February of 2004. At the time, she was attending Western Kentucky University, studying early childhood education.

Independence Bank had been a part of Jacob’s life since

he was a baby. The vault literally doubled as a playpen when he was younger. But Bridget did not start out having an interest in

“I was just helping out where I was needed while going to

school,” she said. “I didn’t see myself at the bank long term.”

Reid said when she started working for the bank, she was

surrounded by members of her future family. Her soon-to-be father and mother-in-law served as the chairman, president and CEO and COO. She also worked alongside her now sister-in-law and several of her husband’s aunts, uncles and cousins.

“It was and is truly a family affair,” she said. “During my time

at the bank, I was exposed to various roles and responsibilities. As I became more involved, I fell in love with it. I realized that

banking. Her plan was going to be a teacher like her mom, aunts

playing a bigger part in the family business was actually very

and grandmother before her.

rewarding.”

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GO CHAMBER . SECOND QUARTER 2019


MARK GENTRY AND BRANDON GENTRY RU O FF H OME MO RTG AG E

O LD N ATI O N A L BA NK

Brandon has been in banking for 15 years. After graduating college, he knew his calling was to work in banking and help folks achieve their dreams of owning their own business or to help grow their existing business. Brandon said he has enjoyed having his younger brother in the same industry as him. “We've worked together side-by-side for the same bank and also as competitors,” he said. “I'm very proud of his success. We're both familiar with the highs and lows but are each other's biggest supporters.” Mark’s job is a mortgage loan officer, and he said his primary focus is to help make the dream of homeownership a possibility for customers. He’s been in the banking industry for 14 years -- he started the summer after high school. “The banking industry has been my passion,” he said. “I’ve had many opportunities while in this field and have been blessed with many role models, including my older brother, Brandon. While we may have taken different paths in this industry, he has always been a motivator and supporter of mine.” Mark said he is very proud of his brother’s successes as he continues to make strides in the commercial banking world. “Working together in the same industry has kept us close, I’m proud to call him a brother and colleague,” he said.

29

GO CHAMBER . SECOND QUARTER 2019


ANDREW HOWARD AND KELLY HOWARD IND EPEND EN CE BANK Andrew Howard and his mother Kelly both work at Independence Bank. He said his history and knowledge of the banking industry began when he was young. “My grandfather began his banking career in 1970 and my mother carries 28 years’ banking experience herself,” he said. Kelly is a private banking officer and AVP, while Andrew is the assistant vice president and a commercial loan officer. “Having been raised in a family where my father was a banker, I saw firsthand how bankers were committed to their clients and their efforts to improve their community. I knew that was the career path I wanted to take,” Kelly said. “Banking today has changed so much with technology. You have online banking, bill pay capabilities, mobile banking, remote deposit, social media and the list goes on and on. The one thing that has not changed is the quality of customer service and the relationships you build with your clients.” “I’m blessed to have an opportunity to generate and foster strong relationships on a daily basis,” Andrew said. “Through this, we are able to turn dreams into reality and positively impact the lives of our clients and their families and employees.”

30

GO CHAMBER . SECOND QUARTER 2019


SPECIAL ADVERTISING SECTION

k

GO Chamber Magazine would like to recognize these member businesses and organizations in a unique way by putting faces to the company name. This Profiles of Financial Professionals special advertising section is our way of showcasing the people in the banking and finance industries that help Owensboro thrive.

k PHOTOS BY JAMIE ALEXANDER

31

GO CHAMBER . SECOND QUARTER 2019


SPECIAL ADVERTISING SECTION

BB&T

100 W Third St // Owensboro, KY 42303 // (270) 688-7745

B

B&T’s Mission is a worthy one – we perform honorable work. We provide the capital and counsel that foster business investment and

economic growth, which in turn creates jobs.

32

We

our clients peace of mind and a secure place to grow and borrow money. And thanks to the values that have guided us for more than 145 years, our clients trust we have their best financial interest at heart, no matter the

help individuals realize their dreams. All of this is

economic climate.

accomplished through sharing knowledge, providing

insight, and delivering on a strong value proposition.

dreams and to be your financial partner. With over

Our employees are here to help you achieve your

BB&T remains one of the safest and most stable

196 years of experience, our local BB&T team has the

financial institutions in the country. With healthy capital

expertise to help you achieve financial security and

levels, solid earnings, and credit ratings that are among

economic success. Reach out to us today; we look

the highest in our peer group, we continue to provide

forward to beginning the conversation.

GO CHAMBER . SECOND QUARTER 2019


SPECIAL ADVERTISING SECTION

Ruoff Home Mortgage 234 Frederica St, Owensboro, KY 42301 // 270- 240-2828

W

hile new to the Kentucky market, Ruoff Home Mortgage has been making the dream of home ownership a reality since 1984. They are recognized as the number one mortgage lender in Indiana and one of the fastest growing mortgage companies in the country. Since Ruoff Home Mortgage started expanding, naturally Owensboro was ideal, with a flourishing housing market and continued local growth. Ruoff Home Mortgage opened their branch in downtown Owensboro in Summer 2018, and built a team with an impressive 70 years of combined experience helping local home buyers. Ruoff Home Mortgage has Purchase and Refinance products to meet the borrowers needs, from Conventional to Government Programs, Construction and Renovation Products and many others. • Ruoff Team in Owensboro is averaging 15 days from Application to Clear to Close - nearly a month faster than the national average of 35

• Loan Butler Mobile App – Quick and Easy; Always in the Loop with “Milestone” updates • Expert in-house processing, underwriting and closing teams that quickly and accurately process files • 98.8% Customer Satisfaction Rating • Inc. 5000 Fastest Growing Private Companies list 2013-2018 • Named 2018 Top Mortgage Employer by National Mortgage Professional Magazine What is the difference between a Pre-Approval and Pre-Qualification? A Pre-Qualification is simply the estimate of how much you can probably afford to spend on a home. A Pre-Approval is a verification of your personal and financial information, by the lender, giving you a concrete idea on what you can afford to spend on a home. Realtors prefer a buyer to have a Pre-Approval letter from their lender before they begin showing them homes.

Profiles of

ial F i n a nscsionals Profe

33

GO CHAMBER . SECOND QUARTER 2019


SPECIAL ADVERTISING SECTION

independence bank

Nico Bustamante // 2425 Frederica Street, Owensboro, KY 42301 // 270-686-1776

L

ast year, Nico Bustamante made a drastic career change. He left being a stateregistered nursing assistant on the cardiac care unit to become a teller at Independence Bank.

“It was a big transition going from a job in the medical field to the banking field,

but it has been a rewarding change,” he said.

Bustamante alternates from teller to customer service representative, as needed.

As a teller, he is able to greet and assist customers with their daily transactions, resolve smaller issues with deposit accounts and manage different amounts of money. The responsibilities of a customer service representative are a bit more expansive -- he is able to open a variety of account types, such as IRA’s, CD’s, estate and deposit accounts.

“Most of my days are not like the last, and my responsibilities change depending

He said he believes providing customers with a positive and easy experience is

important because customer satisfaction should be a top priority every day.

“I enjoy customer interaction and getting to know people of all walks of life,” he

said. “I feel like interacting with customers in both the teller and CSR role allows me an advantage to help strengthen my relationship with them and allows for a more personal experience.”

At the bank, Bustamante said they always say their revolution is one for the people,

by the people and serving those individuals is something he strives to do every day.

“Being bilingual allows me the opportunity to reach out and assist people of

different backgrounds and connect with them, as our backgrounds may be similar,”

on customer needs,” he said.

he said. “It also doesn’t hurt that I work with a great crew who makes every day go by

smoothly. Independence Bank has always made me feel welcome since my first day

He also assists the loan officers and other associates with Spanish-speaking

customers.

34

GO CHAMBER . SECOND QUARTER 2019

here, and every individual at this institution goes above and beyond on a daily basis.”


SPECIAL ADVERTISING SECTION

independence bank Justin Marks // 2425 Frederica Street, Owensboro, KY 42301 // 270-688-0591

J

ustin Marks is a financial advisor at Independence Bank. While his first career was in professional baseball, he came back home to Owensboro two years ago and joined the staff at the bank. “Coming back to Owensboro seemed like a natural fit for my wife Jamie and I,” he said. “We are busy raising three young sons and most of our family is here. We have lived in 11 states throughout my baseball career, and returning home each offseason to witness Owensboro continue to grow and thrive was validating.” Once settled in, Marks joined Leadership Owensboro, a program of the Greater Owensboro Chamber of Commerce focused on engaging individuals to reach their potential and maximize their impact in the community. He said the group is important because it offers participants a greater perspective into the issues facing Owensboro. It also helps provide strategies and opportunities for its members to utilize the knowledge and leadership skills they learn in class out in the community. “My favorite aspect about Leadership Owensboro was the dynamic group of individuals that were in my class,” he said. “Everyone had unique experiences to share and their own way of seeing our city from different lenses, but each shared a strong commitment to the betterment of Owensboro.” As a financial advisor, Marks’ primary goal is to help clients meet their financial goals. He said Leadership Owensboro was a great way for him to get a better understanding of the community around him, which translates into success at his career. Marks said ultimately, it is about identifying what clients see as financial freedom for tomorrow and helping them to plan for that today. “I work with them to understand the upcoming milestones in their lives and help them to organize their finances in a way that will allow them to achieve financial objectives directly related to those milestones,” he said. “Community involvement has also been something that has been important to me throughout my career and the impact that Independence Bank has on the communities it serves is unmatched.”

Profiles of

ial F i n a nscsionals Profe

35

GO CHAMBER . SECOND QUARTER 2019


BANKING AND FINANCE

MEMBERS Banks BB&T bbt.com 100 W 3rd Street Owensboro, KY 42303 270-688-7730 2800 Frederica Street Owensboro, KY 42301 270-688-7733 2901 W Parrish Ave Owensboro, KY 42301 270-688-7736 3506 State Route 54 Owensboro, KY 42303 270-688-7734

Fifth Third Bank 53.com 3205 South Frederica Street Owensboro, KY 42301 270-683-2399 500 Frederica Street Owensboro, KY 42301 270-926-4020

German American Bank germanamerican.com 313 Frederica Street Owensboro, KY 42301 270-688-8878 3560 Frederica Street Owensboro, KY 42301 270-688-8878 3264 Highway 54 Owensboro, KY 42303 270-688-8878

Independence Bank 1776bank.com 2425 Frederica Street Owensboro, KY 42301 270-686-1776 3228 KY-54 Owensboro, KY 42303 270-689-1979 2465 W Parrish Ave Owensboro, KY 42301 270-689-1696 225 U.S. Highway 60 East Hawesville, KY 42348 270-927-1007

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GO CHAMBER . SECOND QUARTER 2019

614 Henton Street Livermore, KY 42352 270-278-2351 8523 U.S. Highway 60 West Lewisport, KY 42351 270-295-7941 Additional US Bank location 255 Court Square Hawesville, KY 42348 270-927-6906

Limestone Bank limestonebank.com

1819 Frederica Street Owensboro, KY 42301 270-684-0044

Old National Bank

oldnational.com

3230 Mt Moriah Ave Owensboro, KY 42303 270-691-1900 123 W 4th Street Owensboro, KY 42303 270-686-3070 3012 W Parrish Ave Owensboro, KY 42301 270-601-2020 1215 Southtown Blvd Owensboro, KY 42301 270-691-2040

PNC Bank pnc.com

Credit Unions 2715 Frederica Street Owensboro, KY 42301 270-926-5951 300 Southtown Blvd Owensboro, KY 42303 270-926-2000 1375 Carter Road Owensboro, KY 42301 270-685-8208

US Bank usbank.com 2810 Frederica Street Owensboro, KY 42301 270-926-5260 4801 Frederica Street Owensboro, KY 42301 270-689-7562 2701 New Hartford Road Owensboro, KY 42303 270-926-5250 700 Frederica Street Owensboro, KY 42301 270-684-9661 1301 Pleasant Valley Road State 105 Owensboro, KY 42303 270-926-5244 1701 Carter Road Owensboro, KY 42301 270-96-5280 5000 Frederica Street Ste 47 Owensboro, KY 42301 270-926-5270

3013 Frederica Street Owensboro, KY 42301 270-686-3550

2800 Tamarack Road Owensboro, KY 42301 270-689-0845

2715 W Parrish Ave Owensboro, KY 42301 270-686-3560

3151 Highland Pointe Dr. Owensboro, KY 42303 270-691-3400

Republic Bank republicbank.com

3500 Frederica Street Owensboro, KY 42301 270-684-3333 3332 Villa Point Drive Owensboro, KY 42303 270-683-2699

South Central Bank Inc. southcentralbank.com

3010 KY-54 Owensboro, KY 42303 270-691-0919

Consultants Dynamic Directions dynamicdirections-d2.com 2708 New Hartford Road Owensboro, KY 42303 270-663-7264

Lifetime Financial Growth agencies.guardianlife.com 427 St. Ann Street #200 Owensboro, KY 42303 270-215-7060

Audubon Federal Credit Union audubonfcu.net 1429 Breckenridge Street Owensboro, KY 42303 270-685-3487

Daviess County Teachers Federal Credit Union dctfcu.com 1900 Southeastern Pkwy Owensboro, KY 42303 270-684-8954

Evansville Teachers Federal Credit Union etfcu.org 2820 N York Street Owensboro, KY 42301 270-684-6874 2930 Wimsatt Ct. E Owensboro, KY 42301 270-240-1520

Green River Area Federal Credit Union greenriverafcu.com 3000 E 4th Street Owensboro, KY 42303 270-926-0210

Owensboro Federal Credit Union ofcuonline.com 1208 Triplett Street Owensboro, KY 42303 270-684-1261 717 Harvard Drive Owensboro, KY 42301 270-683-1054

Transcend Credit Union transcendcu.com 933 Tamarack Road Owensboro, KY 42301 270-686-7707

Financial Services Align Wealth Management ameripriseadvisors.com 2708 New Hartford Road Owensboro, KY 42303 270-684-8424

Bank of England Mortgage boemortgage.com 401 Frederica Street Owensboro, KY 42301 270-495-0167


Braden Financial Services

Hilliard Lyons, Inc.

bradenfs.com

hilliard.com

202 East Byers Avenue Owensboro, KY 42303 270-215-4472

Diversified Management Inc. 322 Frederica Street Owensboro, KY 42303 270-683-4752

Edward Jones, Kevin Young, Financial Advisor

1035 Frederica Street Owensboro, KY 42301 270-926-4747

LifeMark Securities Corp. www.darrellmay.org 1727 Sweeney Street, Suite 106 Owensboro, KY 42303 270-314-2463

Lifetime Financial Growth www.lifetimefinancialgrowth.com

edwardjones.com 1605 Scherm Road Suite 2 Owensboro, KY 42301 270-926-9516

Edward Jones, Tracy B. Thacker, Financial Advisor, AAMS edwardjones.com 201 W 2nd Street Owensboro, KY 42303 270-684-5772

Edward Jones, Mary G. Embry Financial Advisor, CFP, AAMS edwardjones.com 3811 KY-54 Suite 104 Owensboro, KY 42303 270-684-2316

Edward Jones, Tycen Brock, Financial Advisor edwardjones.com 2107 Frederica Street Owensboro, KY 42301 270-926-7454

427 Saint Ann Street, Suite 200 Owensboro, KY 42301 270-215-7060

LPL Financial, Jeff Oldham roarkoldhamgroup.com 101 E. 2nd Street, Suite 300 Owensboro, KY 42303 270-926-4630

Marcus W. Bosley & Associates, Inc. 1601 Frederica Street Owensboro, KY 42301

Northwestern Mutual northwesternmutual.com 100 West Third Street, Suite 301 Owensboro, KY 42303 270-903-1739

Retirement & Financial Strategies retirementandfinancial.com 3402 Frederica Street Owensboro, KY 42301 270-215-2600

RiverCities Asset Management, LLC rineyhancock.com 2900 Veach Road, Suite 2 Owensboro, KY 42303 270-926-4540

Thrivent Financial thrivent.com 121 East Second Street, Suite 102 Owensboro, KY 42303 800-847-4836

Wells Fargo Advisors 1925 Frederica Street, Suite 100 Owensboro, KY 42301 270-684-6823

Mortgage AmeriFirst Home Mortgage amerifirst.com 3271 Alvey Park Drive East, Suite H Owensboro, KY 42303 270-240-1712

Bank of England Mortgage boeowensboro.com 401 Frederica Street, Building B, Suite 104 Owensboro, KY 42301 270-495-0167

Commonwealth Title and Mortgage Services Inc. commonwealthclosing.com 4830 Towne Square Ct Owensboro, KY 42301 270-663-6677

Liberty Financial a division of ETFCU liberty.financial 100 St. Ann Street Suite 301 Owensboro, KY 42303 800-685-2085

Ruoff Home Mortgage ruoff.com 234 Frederica Street Owensboro, KY 42301 270-240-2828

Top Flite Financial Inc. topflightfinancial.com 8177 Bell Oaks Drive, Suite D Newburgh, IN 47630 812-490-0800

US Bank Home Mortgage mortgage.usbank.com 4801 Frederica Street Owensboro, KY 42301 270-689-700

Caliber Home Loans

US Bank Home Mortgage, Karen Carper

caliberhomeloans.com

mortgage.usbank.com

3427 North Green River Road Evansville, IN 47715 812-213-8506

2701 New Hartford Road Owensboro, KY 42303 270-689-7651

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GO CHAMBER . SECOND QUARTER 2019


10

QUESTIONS

MARC AND CINDI BOSLEY

Financial advisors/owners, Marcus W. Bosley & Associates, Inc. BY BENJAMIN HOAK - PHOTO BY JAMIE ALEXANDER

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GO CHAMBER . SECOND QUARTER 2019


W H AT I S YOUR PR OF ESSI ON? We are financial advisors and owners of Marcus W. Bosley & Associates, Inc.

W H AT I S YOUR BACKG R OU ND ? Cindi: I have been securities licensed since 1996 and established my private practice in 2009. I am originally from Riverside, California where my mother and brother reside. My sister is in Palm Springs, California and my father is with me in Owensboro. Marc: I began my practice and was life, health, and securities licensed in 1984. In 1987, I moved into the Cigar Factory Mall for four years. In 1991, Malcolm Bryant approached me about moving to Corporate Centre. I agreed to do so if I could purchase my unit instead of leasing. Malcolm agreed, and I stayed there until selling the office and moving to our current location at 1601 Frederica Street, on Good Friday of 2012.

W H AT I S THE MOST I MPORTANT T HING YO U D O? Marc: We help people manage risk. For younger professionals and business owners, that means making

all areas of concern and plan for the proper distribution of wealth at the demise of my clients. I am passionate about multi-generational planning, and I am especially patient with the elderly. I have developed relationships with my clients’ children, grandchildren and greatgrandchildren.

WHAT S E TS YOU APART FROM OT HE R ADVIS ORS ? Cindi: My ability to listen. I am an advisor who prefers to gather as much information and background as possible before making recommendations. I spend ample time with the discovery process and planning. I am not a transactional advisor.

WHAT IS IT LIKE TO WORK WIT H YO UR S P OUS E ? Marc: Most people ask the question assuming my reply will be in some way negative. They even say, “it must be hard to spend all day together and then go home together.” My response is always the same – I see it as nothing but a net positive. I enjoy spending time with my wife. It is nice to be able to walk to her end of the building and say hello to her and our three Boston Terriers.

they have enough life insurance to protect the people

WHAT ARE T HE HIGHLIGHTS OF YOUR CARE E R ?

they love? Secondly, do they have enough disability

Marc: The first person who bought a life insurance

income insurance both through work and personally,

policy from me was diagnosed with Hodgkin’s Disease

to maintain their standard of living should they become

three years later at age 27. His daughter was born three

disabled. Settling death claims for beneficiaries that

days before my daughter Brooke was born in 1982, and

allow them to mourn without the additional worry of

we were in the hospital at the same time. When his bone

money, is humbling. Processing claims for a disabled

morrow transplant was scheduled, we sat at his kitchen

person and allowing them to deal with significant

table while he told me how to help his wife with the life

medical issues without financial worry, is also poignant.

insurance proceeds if he did not survive. He held his

They are thankful to know that their lifestyle will

daughter in his lap when he directed that his wife buy

continue and they are still providing for themselves and

a new house in Louisville near her parents, pay for her

their families, even though they are unable to work.

to go back to college to finish her degree, and to buy a

sure they have two important issues covered. First, do

W H Y D O YOU L I KE YOU R JOB?

brand-new Dodge Mini-Van. A week later, his transplant failed, and he passed away. The life insurance policy paid

Cindi: I truly enjoy helping people! I feel that I go

for everything with more than $100,000 left in trust for

the extra mile to ensure we are covering all aspects

his children. I learned the power of a relatively small

of the financial planning process before making

check and a signature on a piece of paper, to have a

recommendations. I take pride in taking time to review

dramatic impact on a family for years to come.

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GO CHAMBER . SECOND QUARTER 2019


WHAT IS YOUR MOT IVAT ION? Cindi: My motivation in life is helping people and always doing the right thing for my clients. I feel that putting others first is utmost and must always be remembered. Integrity and patience must be an integral part of my practice.

WHY DID YOU DE CIDE TO DES IGN YOUR BUILDING IN T H E MED I T E RRANE AN S T Y LE ? Marc: My wife is from Southern California and we often take our annual vacation together to Palm Springs, where her sister lives. On many of our visits, we tour upscale houses for sale while posing as potential buyers. When we got married and decided to combine our practices, I suggested that we explore modifying a residential house to make it function as an office. We loved the Mediterranean style.

WHAT ARE YOUR HOBBIES ? Cindi: I enjoy showing Boston Terriers in AKC Dog Shows. My current dog, Bronson, is ranked among the top 10 Boston Terriers in the nation. I have been showing Boston Terriers since 1966 when I started as a junior handler in California. My grooming box was a 45-record case converted to hold my supplies. My first show was at the Pasadena Boston Terrier Specialty. Bronson is my 5th owner-handled champion, and in fact now holds the title of Grand Champion Bronze. He is only several points away from attaining Silver status. A bucket list item for me is winning Best of Breed at Westminster Dog Show at Madison Square Garden in New York. I also enjoy running and aerobics.

“I FEEL THAT PUTTING OTHERS FIRST IS UTMOST AND MUST ALWAYS BE REMEMBERED. INTEGRITY AND PATIENCE MUST BE AN INTEGRAL PART OF MY PRACTICE.” -Cindi Bosley

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GO CHAMBER . SECOND QUARTER 2019


DID ? YOU

KNOW

CORRECT ANSWER:

SOUTHERN BANK FROM PAGE 7

Southern Bank was the city’s first bank. It opened in 1850 as a branch of a Louisville bank. Owensboro’s first home-owned bank was Deposit Bank, which dates back to 1860.

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GO CHAMBER . SECOND QUARTER 2019


THE FINAL ANALYSIS JACLYN GRAVES When I joined the Chamber staff, I quickly learned that my

Membership Development and Marketing Manager

Chamber better.

job as Membership Development and Marketing Manager could not be done without a special group of volunteers…

The Ambassadors are a diverse group, representing all

the Chamber Ambassadors. Their mission statement is

areas of business, including the banking and finance

To assist the Greater Owensboro Chamber of Commerce

sector. These individuals are accustomed to always helping

in building membership involvement, recruitment and

and being willingly available when needed. Our financial

retention. It doesn’t take long to see that not only do they

institutions understand and lead the way when it comes

do those things, but much, much more.

to supporting this Greater Owensboro community. And, they are such a devoted, encouraging, reliable group.

You’ve seen them. Welcoming guests at Rooster Booster

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GO CHAMBER . SECOND QUARTER 2019

each month, assisting and attending Ribbon Cutting

The appreciation and respect that our Chamber Board of

events, visiting with our Members throughout the

Directors and staff have for the Chamber Ambassadors is

Member Appreciation campaign, greeting you at the

incredible. We are proud to work with you and to have you

Chamber Celebration, helping out at our Chamber Golf

alongside of us as we continue to do our part in growing

Classic – the list goes on! Not to mention keeping me in

this business community. Thank you for giving your time

line, which is a task in itself, ha! This incredible group of

and talents to this organization. We are better because of

community leaders is yet another thing that makes our

you.


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GO CHAMBER . SECOND QUARTER 2019


200 E 3rd St, Owensboro, KY 42303 (270) 926-1860 http://chamber.owensboro.com

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GO CHAMBER . SECOND QUARTER 2019

PRSRT STD US POSTAGE PAID OWENSBORO KY 42301 PERMIT NO 420


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