Forcht Group of Kentucky is comprised of 94 separate companies and over 2,100 employees. All with one vision – to be the best. This guiding philosophy is also the vision of one man, Terry E. Forcht.
There are few people with the drive and determination to build their own company from the ground up like Terry E. Forcht. Terry was born and raised in Louisville, Kentucky and graduated from Shawnee High School. He earned his bachelor’s and law degrees from the University of Louisville and an MBA from the University of Miami, Florida. Shortly after graduating from U of L, Terry moved his family to Corbin, Kentucky and started teaching classes at Cumberland College, now University of the Cumberlands. He subsequently opened his own law practice in Corbin.
In 1972, Terry’s path into banking began when he was appointed to the board of directors at Corbin Deposit Bank & Trust. As his interest in community-based banking grew, Terry and a group of investors started their own bank, Tri-County National Bank, in 1985 with $1.5 million in assets. Today, as a testament to Terry’s business skills, that one community bank has grown into a group of banks with 34 banking centers in 1 1 Kentucky counties and more than $1 billion in assets.
And while banking may be the foundation upon which Terry has built his corporation, he has never limited himself to just banking. His entrepreneurial spirit prompted him to expand his holdings into health care, insurance, broadcasting, publishing, data processing services, construction, real estate, and even horse racing.
With headquarters in Lexington, and offices in Corbin, Forcht Group of Kentucky will continue to pursue it’s mission — to improve the quality of life of our customers, employees, and communities• And it’s one vision — to be the best.