Paducah Bank’s President Mardie Herndon has been named President and Chief Executive Officer effective immediately.
Former Paducah Bank CEO Joe Framptom will remain active as Chairman of the Bank’s Board of Directors and President of Paducah Bank Shares, Inc.
“Mardie’s promotion recognizes his many achievements during his eight-year tenure,” Framptom said. “He has my full confidence and support along with that of the Board. His experience, leadership, and enthusiasm have been critical to our growth in Paducah and our successful expansion in Louisville. We are all confident that Mardie will continue to be a tremendous asset to our bank and to the communities we serve.”
Since relocating to Paducah in 2013, Herndon has been an active community leader having served as Board Member and Past Chair of Paducah Economic Development, past Board member of the Paducah Chamber, former member of the Paducah Symphony Board and currently serves as Chairman of the Baptist Health - Paducah Foundation.
"I am humbled by the chance to follow Joe Framptom as CEO of this wonderful institution. It is an honor to lead Paducah Bank into what I believe is a future filled with promise and opportunity,” Herndon commented. “Our team of employee-owners are committed to expanding our franchise and serving clients with the most capable talent and the highest degree of professionalism. Continuing to build upon the impressive legacy of Paducah Bank is a tremendous privilege. I’m grateful to all who have embraced our vision of growth, financial strength and community engagement. Looking forward, I am confident when I say the best is yet to come!”
Herndon is a banking executive with 30 years of experience across various lines of business and multiple geographies. Prior to joining Paducah Bank in 2013, Herndon served as the Geographic Retail Line of Business Manager for SunTrust Banks, mid-Atlantic Region. He was responsible for more than 425 bank branches and 2,300 employees across the states of South Carolina, North Carolina, and Virginia. Previous other experience includes serving as president and CEO of SunTrust Bank - Middle Georgia and he has held other senior leadership positions in Savannah and Atlanta, GA. Prior to joining SunTrust in 2001, Herndon worked with the former Wachovia Bank for more than 10 years.
Herndon earned a bachelor's degree in finance from Georgia Southern University and is a 2010 graduate of the Advanced Executive Leadership Program through Emory University’s Goizueta Business School.
About Paducah Bank:
Paducah Bank is an award-winning, locally owned bank with banking centers in six locations in Paducah and Louisville and employs more than 140 people. Paducah Bank received a 5-star rating from BauerFinancial, the nation’s premier bank rating firm. The bank has earned this 5-star rating for 48 consecutive quarters! The bank also received the distinction of exceptional performance bank, a status reserved for banks that have earned Bauer’s highest rating for 10 consecutive years! Paducah Bank was named as the #1 Best Place to Work in Kentucky among medium-sized companies and was chosen by the Wall Street Journal as one of the nation’s Top 15 Small Workplaces. It was named Best Bank in the Paducah Sun Readers’ Choice Awards from 2012-2021 and has won the Louisville Mayor's Worksite Wellness Award numerous times. In 2019, Paducah Bank won the Governor’s Service Award and in 2021 won three Telly Awards for television commercials.