Paducah Bank Announces New President and COO

Herndon

Paducah Bank CEO Joe Framptom announced today the appointment of Mardie R. Herndon, Jr. as president and chief operating officer of The Paducah Bank and Trust Company. Herndon began work today.

Herndon succeeds Wally Bateman, who is relinquishing his day-to-day activities after nearly 20 years as president of the bank.  Bateman will continue to serve as a director and officer of Paducah Bank.

An executive with more than 20 years of banking experience, Herndon served as president and CEO of SunTrust Bank – Middle Georgia, in Macon for five years and held similar leadership positions in both Savannah and Americus, GA.  He worked for Wachovia for more than 10 years prior to joining SunTrust in 2001.  His most recent position involved supervision and management of more than 425 bank branches and 2,300 employees across the mid-Atlantic states of South Carolina, North Carolina, and Virginia.

“We are very excited to add Mardie Herndon to the Paducah Bank organization,” said Framptom. “His experience, leadership, and enthusiasm for his new hometown have been evident in our conversations, and we are very pleased to be the recipient of both his energy and his expertise as we make this important transition. We are all confident that Mardie will be a tremendous asset to our bank and to our community as well.

Herndon, 44, earned a bachelor’s degree in finance from Georgia Southern University. He and his wife Jennifer have three daughters – twins who attend Armstrong Atlantic University and a high school junior.

“I am very honored to have been selected to lead Paducah Bank into its next phase of successful operation,” Herndon commented.  “This bank has an impressive legacy of success that spans six decades. And it is also obvious to me that there is a mutual relationship of respect and commitment on the part of the bank and the community here in Paducah. I am personally and professionally encouraged by that synergy. My family and I are looking forward to immediately becoming an active part of this beautiful city and the surrounding region. I think the word I’m looking for is probably WOW.”

Paducah Bank is an award winning, locally owned bank with banking centers at six locations in the city and county.  Paducah Bank is the top small business lender and the top mortgage lender in Paducah/McCracken County.  Paducah Bank was named the Best Place to Work in Kentucky among medium-sized companies in 2006. In 2008, Paducah Bank was chosen by the Wall Street Journal as one of the nation’s Top 15 Small Workplaces and was named Best Bank in the Paducah Sun Readers’ Choice Awards in 2012 and 2013.

Most recently the bank received seven TELLY Awards for a local commercial entitled, “This Is Home,” and was named one of the Top 10 Banks in the nation for the effective use of social media.