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Until 1890, commerce had always been slowed in Marshall County, Kentucky because there was no bank. When construction of the Paducah, Tennessee and Alabama Railroad began in 1889, a number of county businessmen set in motion plans to incorporate a bank. In March of 1890, a bill was introduced in the General Assembly in Frankfort. This bill received final approval on April 16, 1890, thus Community Financial Services Bank (CFSB) was born. The capital stock of CFSB was initially $12,500.00.

From this humble beginning, CFSB has not only grown financially to more than $1.2 billion, but the bank itself has become an institution in Western Kentucky. CFSB has also grown from its original site on the Benton Court Square to three Marshall County Banking Centers as well as two locations in both McCracken County and Calloway County, and a single banking center in Graves County.

On April 16, 2020, CFSB celebrates its 130th anniversary. It is because of you, our valued clients, that we have been able to become Western Kentucky’s Community Bank! We recognize our role as a Community Bank in the communities we serve. We believe in supporting and giving back to these communities and focus our corporate giving in the areas specifically designed to assist youth, improve education, aide community development and support the arts. Please join us in going down memory lane from our humble beginnings to our current financial institution employing over 300 team members.

1890

Bank of Benton chartered and incorporated (First bank established in Marshall County). The Bank of Benton's first vault pictured below.

$26,221.46 at year-end

1966

Bank of Benton moved to 1012 Main Street

$13,111,000

1972

Aurora Banking Center opened

$26,486,000

1974

Draffenville Banking Center opened

$30,722,000

1974

First Watermelon Bust with performances by The Country Singers, The Smith Brothers, and Richard Ready

$30,722,000

1981

Benton Bancorp (Holding Company) formed

$70,338,000

1985

Formation of what would become CFSB Investments

$86,762,000

1987

Benton Bancorp purchased Calvert Bank

$121,222,000

1988

Operations building opened

$133,290,000

1997

Benton Bancorp changed to Community Financial Services, Inc.

$187,388,000

1999

Fifth Street Banking Center opened

$223,912,000

2001

Calvert Bank incorporated into Bank of Benton

$315,751,000

2004

McCracken County Banking Center opened

$323,998,000

2007

Bank of Benton name changed to Community Financial Services Bank

$383,345,000

2007

New McCracken County Banking Center built

$383,345,000

2008

Calloway County Banking Center opened

$436,326,000

2010

CFSB acquired lifetime rights to CFSB Center at MSU

$528,527,000

2011

New Calloway County Banking Center built

$559,845,000

2012

Benton Banking Center building completed

$608,438,000

2014

Stock Split - 8 for 1

$724,569,000

2017

McCracken Southside Banking Center opened

$1.06 Billion

2019

Graves County Banking Center opened

$1.23 Billion

2019

Stock Split - 4 for 1

$1.23 Billion

2020

Calloway County Sycamore Banking Center opened

$1.237 Billion