Steve Powless, fintech leader and retired Computer Services, Inc. (CSI) Chairman and CEO, has been elected to The Paducah Bank and Trust Company Board of Directors.
“Steve brings a great wealth of leadership ability and financial industry expertise to our Board of Directors,” said Paducah Bank Board Chairman Joe Framptom. “His commitment to the enhancement of our community fits nicely with Paducah Bank’s culture and is a legacy which I have admired for many years. We are proud that Steve has chosen Paducah Bank as his next professional endeavor, and we look forward to many successful years together.”
Steve Powless has been an active member of CSI’s Board of Directors since 1992. During his more than 35-year career with CSI, he has held such leadership positions as vice president of corporate development, executive vice president, chief operating officer and chief executive officer. Steve served as CSI’s chief executive officer from 1999 to 2021, only the second person in the company’s history to hold the title.
In addition to his leadership at CSI, Steve has served the fintech industry in various leadership roles, including as past president and director of the Association for Financial Technology (AFT). Steve earned a Bachelor of Science in Business from Murray State University where he also received the Distinguished Alumni Award. He is a current director and past chairman of the Baptist Health Paducah Administrative Board of Directors and serves as chair of the Lifeline Recovery Center Board.
“Paducah Bank is a true community bank of financial professionals dedicated to the communities they serve,” said Steve Powless. “I have great admiration for Paducah Bank, and I look forward to joining the Board of Directors during this exciting period of growth. I appreciate their confidence in me.”
“The future of Paducah Bank is bright indeed,” said Paducah Bank President and CEO Mardie Herndon . “As we position ourselves for continued growth and market expansion, we do so with confidence thanks to the addition of Steve Powless to our Board. His talents are a true asset that will enhance our Bank’s ability to serve our customers.”
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 155 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. In 2020, they won the William. H. Natcher Award by the Kentucky Library Association. They won three Telly Awards in 2021 as well as the Governor’s Business Award for the Arts.