LETTER FROM THE PRESIDENT

The banking industry in Murray and Calloway County has been no different than the rest of the United States. Since 1992, large corporate banks have purchased all of the local independent banks. However, in 1998, a group of local business leaders felt there was a need to have a locally chartered, independent bank in Murray, Kentucky and subsequently began the organization of Calloway County’s first “grass roots” bank charter since the 1930’s. On June 15, 1999, the organizers saw their idea become a reality when The Murray Bank opened its doors for business. Community banking was back.

Many things have happened since we opened for business. In September 2000, we moved into our newly constructed banking facility located at 405 South 12th Street. Additionally, we proudly opened the doors of our second location, 700 North 12th Street, in October 2002. Our staff base has grown from nine employees to fifty-three employees and as of August 2004 the bank had grown to $150 million in total assets.

Furthermore, our growth in services has kept pace with staff and assets. In August 2004, The Murray Bank customers welcomed the addition of The Murray Bank Online, as well as TMB Financial Services, which are both accessible through links on our homepage. The Murray Bank Online offers customers the convenience of banking 24 hours a day, 7 days a week. Whether checking balances, transferring funds, viewing cleared checks and account activity or paying bills, The Murray Bank Online is certain to become one of your most frequently used websites.

In addition, TMB Financial Services, located at The Murray Bank North office, is a service we welcomed after extensive planning, carefully choosing the right provider for our clients. PrimeVest® Financial Services, Inc.*, the broker/dealer which provides products for TMB Financial Services, will offer annuities, mutual funds, stocks & bonds, tax-advantaged investments and life insurance.

Although many things have changed since opening day, there is one thing that has not; Customer Service. Our goal is to maintain a level of customer service that is second to none, where friends and neighbors are helping friends and neighbors and where real problems get real solutions. Being an independent community bank allows us to make that happen by making our own decisions, having all of our operations, such as bookkeeping and loans, on site and keeping all documentation inside the bank. Additionally, our staff has over 861 combined years of banking experience. We may be the newest bank in town but our banking philosophy has been around for many years. I think our logo sums it up … How Banking Should Be!

I invite you to come in and visit us. I think you’ll like what you see and enjoy the personal attention that you receive from Murray's only local bank.

Sincerely,

Ronnie Gibson
President & CEO