Press

HODGENVILLE, Ky. – Magnolia Bank announced plans today to close its banking center in Magnolia, KY, located at 4910 L&N Turnpike, effective May 31, 2023. The bank will execute a phased closing process beginning on Feb. 1 until its full closure at the end of May.

On behalf of their customers, Magnolia Bank donated $5000 to Feeding America, Kentucky's Heartland (FAKH) to help take hunger off the table this holiday season. In addition to their donation, the Magnolia Bank team spent the evening packing meals for families in need at the FAKH Volunteer Center, located at 300 Peterson Dr. in Elizabethtown.

Our employees were devastated to hear of the damage caused by the recent flooding in Eastern Kentucky. It is not easy to comprehend the immense toll this type of disaster can take on a community. But, in times of need, Kentuckians have shown time and time again that they can rally together to help our friends in the Commonwealth. Our employees recently donated $1,575.00 to the Kentucky Bankers Association’s Eastern Kentucky Flood Relief program. The people in the affected communities continue to be in our thoughts and prayers.

At Magnolia Bank, we're committed to personal and professional growth, supporting local communities, and empowering opportunity. That's why we're proud to support the Central Region Innovation and Commercialization Center with $5000 to benefit the Center of Kentucky Entrepreneurship (COKE). As a one-stop shop for start-up businesses, the Center has the resources entrepreneurs need to facilitate the creation, growth, recruitment, and retention of scalable companies in our community. Located at 1201 N. Dixie Hwy in Elizabethtown, the Center will also be home to the KY Innovation Network, Small Business Development Center, the Procurement and Technical Assistance Office, and the KY Veterans Business Alliance. COKE will also offer executive suites for companies in the process of large-scale development phases.

ELIZABETHTOWN, Ky - Elizabethtown Community and Technical College (ECTC) has partnered with Magnolia Bank to announce the Magnolia Bank Empowering Opportunity Scholarship.

ELIZABETHTOWN, Ky. – Magnolia Bank announced today a $250,000 donation to the Elizabethtown Police Department (EPD), the largest single donation in the bank’s history. The donation will help the EPD purchase and maintain body cameras for 50 patrol officers and all EPD patrol cars.

HODGENVILLE, Ky. – Magnolia Bank announced today a $27,800 donation to LaRue County Parks and Recreation for the construction of a full-size soccer and football field. LaRue County Parks and Recreation is redeveloping the community park for local families and an estimated 800 children who are active in little league programs.