Local Business Briefs

July 19, 2004

Coyle begins advanced training in financial planning

Trey Coyle, a financial consultant in the Danville office of Hilliard Lyons, has begun advanced training in financial planning.

Coyle was chosen by Hilliard Lyons for enrollment in a Chartered Wealth Advisory curriculum, the special training initiative accredited by the Estate and Wealth Strategies Institute of Michigan State University. The advanced courses cover financial planning, estate planning, risk management, asset management and other wealth management strategies.

During his studies, Coyle will learn the most advanced techniques in pinpointing financial vulnerabilities, planning for retirement, and transferring wealth to the next generation, according to a press release.

Coyle has been affiliated with Hilliard Lyons for seven years. He is also licensed in life, health and variable life insurance.


Established in 1854, Hilliard Lyons offers one-on-one advice about stocks, bonds, options, retirement plans, money market funds, mutual funds, trust and estate planning and investment management. It also researches the investment potential of various companies and industries and underwrites bonds for public improvements such as schools and highways.

The Danville office of Hilliard Lyons was opened in 1921.

McCoy named employee of the month

Deputy Joshua McCoy has been named the employee of the month for June at the Boyle County Detention Center.

McCoy has only been employed at the Detention Center since December. He previously had worked at the Fayette County Detention Center and the Martin County Sheriff's Office in Stuart, Fla.

"McCoy works well with others and he always has a positive attitude," Boyle County Jailer Barry M. Harmon said in a press release. "He is very dedicated to his work. The Detention Center is fortunate in having him as an employee."

Helpful Hands offers caregiver services

Helpful Hands is opening its doors in Waynesburg to provide companion caregiver services to the tri-county area.

Located at 2270 Ky. Hwy. 328, Helpful Hands offers both 24-hour, hourly and traveling companions. Their services include light housework, laundry, meal preparation, transportation to doctor appointments, medication monitoring, errands and companionship.

Owned by Marlene R. Locke and managed by Lolitta L. Works, Helpful Hands tries to keep elderly clients happy living at home. They have more than 20 years of experience caring for the elderly. To contact Helpful Hands, call (606) 379-0543.

Maddox named branch manager at U.S. Bank

Dwayne Maddox has been named branch manager of U.S. Bank's office at 111 South Fourth Street in Danville. He will be responsible for the daily sales and service activities at the office, which has seven employees, and will assist customers with their savings, lending and investment needs.

Maddox comes to U.S. Bank from National City, where he worked for the past eight years. He holds a business management degree from Kentucky College of Business and has taken several courses from the American Bankers Association.

He grew up in Moreland with his parents, Cecil and Patsy Maddox, and still resides in Moreland with his wife, Amanda, and their son, Patrick. Active in the community with several clubs and organizations, Maddox's family attends Charity First Church of God in Hustonville.

U.S. Bancorp, the parent company of U.S. Bank, has assets of $192 billion and is the sixth largest financial services holding company in the United States.

CKF Bancorp earnings up 33.1 percent

CKF Bancorp Inc., parent company of Central Kentucky Federal Savings Bank, reported consolidated net earnings of $452,442 for the three months ending June 30 compared to $339,902 for the same period last year, an increase of 33.1 percent.

Diluted earnings per share were 32 cents for the three months ending June 30 compared to 25 cents diluted earnings per share for the same period last year.

Consolidated net earnings for the six months ending June 30 were $868,228 compared to $674,575 for the same period last year. Diluted earnings per share were 62 cents for the six months ending June 30, compared to 50 cents per share for the same period last year.

Earnings per share reflect the company's two-for-one stock split on Dec. 11.

Total assets as of June 30 were $151.9 million compared to $145 million on Dec. 31. Deposits were $120.9 million on June 30 compared to $121.7 million on Dec. 31. Stockholders equity was $15.8 million on June 30 compared to $15.1 million on Dec. 31.

Central Kentucky Federal Savings Bank's main office is located at 340 W. Main St. in Danville. The bank also operates two full-service branch offices, located in Danville and Lancaster, and a loan-production office in Nicholasville.

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