Our Story

Ken bale James Kenneth Bale, Founder

South Central Bank’s history dates back to 1889, the year Deposit Bank of Monroe County was first chartered. Our founder, James Kenneth Bale, purchased Deposit Bank of Monroe County in 1972. Deposit Bank’s 83 years of service to rural Kentucky provided Mr. Bale a strong basis to found South Central Bank and to fulfill his dream of providing true community centered banking services to the families, individuals and business people of the local area.

From the humble beginnings in 1972 as a bank with $10 million dollars in assets, South Central Bank evolved into a bank holding company comprised of five individually chartered banks across South Central and Western Kentucky. On January 1, 2015, South Central Bank became a single entity with 25 locations and total assets of $908,465,115.95 and approximately $400 million of secondary market loans originated and serviced in our local communities for total transactional assets approaching $1.3 billion. The plan to grow South Central Bank was simple: treat all customers honestly and fairly and the rewards of success will follow both.

The success of the South Central Bank organization can be attributed to Mr. Bale always paying attention to the needs of the local people in the communities he served and by investing in hard work with the dedication and strong commitment to succeed. These values are carried on today by the Bale Family and South Central Bank’s employees, and are at the very center of our business philosophy.

Today, Mr. Bale’s children Ruthie Bale, Ellen Bale, Billy Bale, Lester Bale and Tommy Bale, serve on the Board of South Central Bancshares. Each are committed to their father’s simple approach and emphasis on extraordinary service. Extra care is taken to instill our founding values in each employee, regardless of the position they hold in the bank.

Our symbol of a strong tree was chosen by Mr. Bale to represent strength and longevity through its roots as part of his vision of having a strong foundation within each community we serve.

South Central Bank is designed to make a difference in the prosperity of our customers and communities. We believe our slogan, “Small enough to know you, BIG enough to help!” is what Mr. Bale wanted as a legacy. To be able to serve any need of any size customer, while always remembering who we are, and who our customers are.. We help our customers through honest and fair treatment, large and small alike.It’s Mr. Bale’s simple philosophy, and our history proves it.

Family Board of Directors

Our Values

  • Local Decisions
  • Local Values
  • Listening and Responding to Community Needs
  • Exceeding Customer Expectations
  • Friendly, Competent Team Members
  • Service with Integrity, Accuracy, and Reliability
  • Fair, Open, and Honest Communications between Customers and Team Members
  • Diversity in Customers, Community, and Workplace


South Central Bank's Philanthropic Areas of Focus

South Central Bank continues to focus on leadership and service through the many programs our employees and their families are involved in through our local communities and the local centers we contribute to. Some examples of these contributions are:

  • SKyPAC - Major Sponsorship
  • Center for Courageous Kids - Major Sponsorship
  • Ky High School Hall of Fame - Major Sponsorship
  • WKU Scholorship Program - Major Sponsorship
  • Daviess Economic Board
  • KHSAA
  • March of Dimes Walk
  • Polar Plunge
  • Relay for Life Walk
  • Bowl for Kid's Sake
  • Little League
  • And more!