Forcht Bank announced today that Steven M. Zagar has joined the bank as Chief Financial Officer (CFO).

Mr. Zagar has 16 years of banking experience. His most recent position was Executive Vice President, Chief Financial Officer, and Chief Accounting Officer for First Federal Savings Bank and its holding company, First Financial Service Corporation, in Elizabethtown, KY. He also held prior positions at Stock Yards Bank and Fifth Third Bank, both in Louisville.

“We are pleased to have Steve assume the role of Chief Financial Officer,” said Forcht Bank President Mark Boison. “He is well respected in the banking community, and we believe he will provide leadership and guidance in his new position at Forcht Bank.”

Mr. Zagar earned his Bachelor of Business Administration Degree from Kent State University, an Advanced Accounting Certificate from Bellarmine University, and a Master of Business Administration (MBA) degree from Indiana University. He is also a Certified Public Accountant (CPA) and a Certified Internal Auditor (CIA).

Forcht Bank (www.forchtbank.com) based in Lexington, operates 34 banking centers in Fayette, Jefferson, Boone, Grant, Taylor, Pulaski, Laurel, Whitley, Knox, McCreary and Green County. Forcht Bank has more than $1 billion in assets, placing it among the top 10 largest