Commonwealth Bank & Trust Company was established in 1991 by a group of entrepreneurs seeking to create a private, community bank committed to providing top-quality banking products, superior customer service, and maximum convenience. In 2001, the bank merged with Shelby County Bank & Trust Company, a proud financial institution with a legacy that reached back to 1887.
Today, Commonwealth Bank & Trust Company has approximately $500 million in assets, along with more than $1 billion in trust assets. The bank is headquartered in Louisville, Kentucky, and currently operates thirteen branches in Jefferson and Shelby counties.
Commonwealth Bank & Trust Company is owned by Commonwealth Bancshares, Inc., which is also the parent company of First Security Trust Bank, headquartered in Florence, Kentucky, and SMC Capital, Inc., an investment advisory firm located in Louisville.
In 2005, the bank reaffirmed its mission under the communications theme, "Doing more is what we do best." That theme is more than just a slogan. It's a statement of the bank's system-wide dedication to meeting the needs of our customers with products, services, and convenience that go beyond their expectations.