History

Morgantown Bank & Trust Mission Statement

Morgantown Bank & Trust is an independent financial institution which strives to be an asset to our community through community involvement. We understand the importance of our employees and strive to attract, develop, and retain employees of the highest character and competence. We will provide financial products and services which move our community forward, while maintaining growth and a reasonable return on shareholder equity.

Our History

Morgantown Deposit Bank was established in 1880 by a special handwritten charter signed by Governor Luke Blackburn. According to the charter $10,000.00 worth of stock was sold and T.C. Carson was elected President.

Business began in June 1880, in the back part of Kelly Dry Good Building.

 In 1885 the bank moved into their new two story brick building. The bank remained at this location for seventy six years until a new modern building was constructed across the street in 1961.  The new building contained a drive-through facility, the first in the county.

 A new branch bank, our Highway 70 location, opened in 1971 and the bookkeeping department was moved into a house located behind the main office. Tyler street drive-through was opened in 1977 and operated for 33 years.

The name of Morgantown Deposit Bank was changed to Morgantown Bank and Trust in 1984 when full trust powers were granted.

Expansion to the main bank was done in 1986 with a new addition adding several new offices and an enlarged parking lot.

The Data Center was built in 1994. Not only is this addition the center for bookkeeping but is the meeting place for the bank's Board of Directors. This building also boasts a large meeting room used for bank sponsored community events.

A new branch office, Morgan Manor Branch, was built in 1996. Located on Highway 231 south of Morgantown, this facility is a full service bank with a drive-up ATM and three drive-thru lanes.

In 2010 we expanded our services into Warren County.  Our first Bowling Green office, located at 1848 Morgantown Road, was completed in March of 2010.  Bowling Green is also the home to our newest location opened in the Spring of 2012 located just off Campbell Lane on Christian Care Way.  These facilities offer the same services and benefits to our customers just like we’ve been doing since 1880.


Throughout its history the bank has weathered wars, floods, depressions and other setbacks but has never closed its doors.

Today the bank is a sound progressive financial institution offering its customers a wide range of services.