CU Receives Donation from Terry Forcht

CU Receives Donation from Terry Forcht

 

Dec. 23, 2009
For Immediate Release

CAMPBELLSVILLE UNIVERSITY RECEIVES DONATION FROM TERRY FORCHT OWNER OF FORCHT BANKING


By Rachel Crenshaw, student news writer

CAMPBELLSVILLE, Ky.—Terry Forcht, owner of Forcht Banking, has donated $10,000 to Campbellsville University for athletics and student scholarships.

 

     The money will go to the funding for new field turf for the football field and to the CU’s scholarship fund.

     Leroy Bratcher, market president at the Campbellsville Forcht bank, said, “We are glad to support our local university.”    


    

 

 

 

 

 

 

 

 

 

Leroy Bratcher, second from left, market president at the Campbellsville Forcht Bank, presents a $10,000 check to Campbellsville University’s Dr. Michael V. Carter, third from left, president. At far left is Benji Kelly, vice president for development. Beside Bratcher is Paul Osborne, a member of the bank’s board of directors. At far right is Chuck Vaughn, director of the Big Maroon Club and centennial campaign officer for major gifts. (Campbellsville University Photo by Rachel Crenshaw)

     The local Forcht bank donates $5,000 annually to Campbellsville University. They support the scholarship fund and the bank is an athletic corporate sponsor.   

     Benji Kelly, vice president for development, said, “We are very appreciative of the support we receive from Forcht Banking.”

      Forcht founded Forcht Group of Kentucky, an American holding company, which is compromised of 95 separate companies and over 2,100 employees. The group created the banking branch in 1985 with $1.5 million in assets.

    Forcht was born and raised in Louisville, Ky., where he graduated from Shawnee High School. He earned his bachelor’s degree and juris doctoral degree from the University of Louisville, and he received his master of business administration degree from University of Miami.

    His banking career began in 1972 when he was appointed to the director of Corbin Deposit Bank and Trust Company.

    This would lead to the creation of Forcht Banking, whose assets now top $1 billion, making it one of the top 10 largest banks based in Kentucky, according to its Web site at www.forchtgroup.com.

    For more information regarding the donation received from Forcht contact the Office of Development at 270-789-5211.

    Campbellsville University is a private, comprehensive institution located in South Central Kentucky. Founded in 1906, Campbellsville University is affiliated with the Kentucky Baptist Convention and has an enrollment of 3,006 students who represent 97 Kentucky counties, 30 states and 37 foreign nations. Listed in U.S.News & World Report’s 2010 “America’s Best Colleges,” CU is ranked 23rd in “Best Baccalaureate Colleges” in the South, tied for fifth in “most international students” and fourth in “up-and-coming” schools in baccalaureate colleges in the South. CU has been ranked 17 consecutive years with U.S.News & World Report. The university has also been named to America’s Best Christian Colleges® and to G.I. Jobs magazine as a Military Friendly School. Campbellsville University is located 82 miles southwest of Lexington, Ky., and 80 miles southeast of Louisville, Ky. Dr. Michael V. Carter is in his 11th year as president.    

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