Community Trust and Investment Company

What Community Trust and Investment Company does

Community Trust and Investment Company (CTIC) is the trust and investment subsidiary of Community Trust Bancorp, Inc., a publicly traded bank holding company on NASDAQ (CTBI) founded in 1903 and headquartered in Lexington, Kentucky. CTIC operates two core business units: Wealth & Trust Management (WTM), delivering fiduciary, trust administration, estate planning, investment management, special needs trust services, and retirement/institutional plan administration; and Community Trust Financial Services (CTFS), delivering retail investment and insurance products through an LPL Financial partnership embedded in Community Trust Bank branches. The firm serves individuals and families, high-net-worth individuals, business owners, non-profits, and institutional retirement plan clients across Kentucky, West Virginia, Tennessee, and Ohio, leveraging a branch-embedded relationship-banking GTM motion supported by Business Development Officers targeting CPAs and attorneys as referral partners.

Revenue is generated through three streams: net interest income and fee income from personal and business banking (community Trust Bank); recurring fiduciary and investment management fees from WTM; and transaction-based commissions and advisory fees on securities, annuities, and insurance products distributed through CTFS/LPL. The technology stack comprises internet and mobile banking (iOS/Android), mobile remote deposit capture, Zelle, Apple/Google/Samsung Pay, the CTIC Mobile Investing app, the FIS-powered WebLink online investment platform with multi-factor authentication, and standard card controls and digital issuance. Digital channels complement, rather than replace, the firm's primary face-to-face advisory distribution model.

Leadership is anchored by President and CEO Andy D. Waters (appointed 2011) and a Trust Executive Committee whose members collectively bring more than 274 years of financial-services experience and hold designations including CFP, CFA, CPA, CTFA, J.D., and LL.M. in Taxation. The firm holds FDIC deposit insurance, FINRA/SIPC coverage through LPL, Equal Housing Lender status, CCPA-compliant privacy practices, and WCAG 2.0 AA accessibility compliance on its web properties.

Name

Community Trust and Investment Company

Legal name

Community Trust Bancorp, Inc.

Website

https://ctbi.com

Company type

Public

Founded year

1903

Operating status

Operating

Headcount range

101–250 employees

Short description

Community Trust and Investment Company is the trust and investment subsidiary of Community Trust Bancorp, Inc. (NASDAQ: CTBI), providing fiduciary, wealth management, estate planning, and retail investment and insurance services to individuals, families, businesses, and institutions across Kentucky, West Virginia, Tennessee, and Ohio.

Ownership category

akta.pro rank

Product category

Wealth Management and Trust Services

NAICS

Trusts, Estates, and Agency Accounts (52592), Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282), State Commercial Banks (6022), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro industry

PRIMARYFSAAANAA

Personal & Family Trust Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAAANAB

Corporate & Institutional Trust Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAAANAK

Directed Trust & Trust Advisory Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAEAKAE

Trust & Estate Tax Planning & Compliance

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Fiduciary, Trust & Estate Advisory

Keywords

• Wealth management services
• Trust administration
• Retail banking
• Commercial banking
• Investment advisory

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Banking Operations: Interest income from personal and business loans including mortgages, consumer loans, home equity, and commercial credit. Fee income from deposit accounts, card services, and merchant services.
2. Wealth and Trust Management: Fiduciary services, investment management, estate planning, and trust administration for individuals, families, business owners, and institutions.
3. Financial Services: Securities and advisory services offered through LPL Financial partnership. Insurance products including life, long-term care, and disability insurance. Revenue generated through investment products and planning services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Community Trust and Investment Company provides wealth and trust management, estate planning, investment management, retirement and institutional services, and retail investment and insurance products through its Wealth & Trust Management (WTM) and Community Trust Financial Services (CTFS, via LPL Financial) divisions. As the trust subsidiary of Community Trust Bancorp, Inc. (NASDAQ: CTBI), it operates alongside Community Trust Bank to deliver banking, lending, fiduciary, and investment services to individuals, families, business owners, and institutions across Kentucky, West Virginia, Tennessee, and Ohio.

Product overview

Community Trust and Investment Company operates as a wealth and trust management division within Community Trust Bancorp, Inc., offering a comprehensive suite of financial services through three main business units: Community Trust Bank (consumer and business banking), Community Trust Financial Services (CTFS - investment and insurance products through LPL Financial partnership), and Wealth & Trust Management (WTM - trust administration, estate planning, and investment management). The company provides digital banking channels including Internet Banking, Mobile Banking with Apple Pay/Google Pay/Samsung Pay integration, and CTIC Mobile Investing for wealth management clients. Financial Calculators are available for retirement, mortgage, loan, and investment planning. The banking platform integrates Zelle for person-to-person payments, Visa Account Updater for card management, and Digital Issuance for instant card provisioning.

Differentiator

Problem solved

Functional benefit

Brands

• Wealth and Trust Management (WTM): Comprehensive wealth management, trust administration, estate planning, and institutional investment management services.
• Community Trust Financial Services (CTFS)

Products and services

• Community Trust Bank - Personal Banking Consumer banking services including personal checking, savings, money market accounts, CDs, IRAs, consumer loans, mortgages, home equity loans, and Ready Pay for individual consumers in the four-state service area.
• Community Trust Bank - Business Banking Business banking services including business checking, savings, money market, CDs, business loans, corporate services (Positive Pay), and merchant services for small and mid-sized businesses.
• Wealth & Trust Management (WTM) Comprehensive wealth management services for individuals, families, business owners, and institutions including trust administration, estate planning, investment management, special needs trusts, business owner services, and institutional investment management.
• Community Trust Financial Services (CTFS) Retail investment and insurance services offered through Community Trust Bank branches and Financial Consultants in partnership with LPL Financial, providing stocks, bonds, ETFs, annuities, life insurance, long-term care insurance, and disability insurance to retail banking customers.
• Merchant Services Payment processing solutions for business clients, including commercial credit cards through Elan Payment Solutions and card-acceptance services.
• Card Services Debit and credit card offerings for personal banking customers including Flexcard with customizable rewards, Pay Your Way, prepaid cards, chip technology, SecurLock Communicate, purchase alerts, Visa Account Updater, and digital issuance.

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature3 records

Partnerships

One partnership is on record.

• LPL FinancialcoreTechnology or Integration · 1 January 1998LPL Financial provides the securities and advisory services platform for Community Trust Financial Services. CTFS offers investment and insurance products through LPL, a registered investment advisor and broker/dealer (member FINRA/SIPC). LPL Research provides weekly market commentary and outlook publications to CTFS clients. CTFS refers clients to LPL for securities transactions and advisory services.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Stock Yards Bank & Trust Company: Kentucky-headquartered bank and trust company (founded 1904) offering personal banking, wealth management, and trust services. Directly comparable regional community bank + trust model in the same Kentucky footprint.
• WesBanco, Inc. Multi-state regional bank holding company (WV, PA, OH, KY, IN, MD) with a significant trust and wealth management division. Closely comparable geographic footprint and bank-plus-trust model.
• Republic Bank & Trust Company: Louisville, KY-based bank holding company with a dedicated wealth and trust management division. Comparable community-bank-plus-trust subsidiary structure serving Kentucky and adjacent states.
• S&T Bancorp: Pennsylvania-based regional bank holding company with a wealth management and trust subsidiary. Similar size band and bank-plus-trust operating model.
• Park National Corporation: Ohio-based regional bank holding company (parent of Park National Bank) operating a wealth management division. Comparable community-bank holding structure with overlapping Ohio/Kentucky geography.
• Argent Trust Company: Independent trust company operating across the Southeast, including Kentucky and Tennessee. Closely comparable standalone trust services platform serving individuals, families, and institutions.
• Forcht Bank: Kentucky-headquartered community bank holding company with wealth and trust services. Comparable mid-sized Kentucky community bank + trust competitor.
• Central Bank & Trust Co. Lexington, KY-based community bank and trust company — direct in-market competitor offering banking, wealth, and trust services across Central and Eastern Kentucky.

Broad incumbents

• First Financial Bancorp: Cincinnati, OH-based regional bank with wealth management services. Comparable community/regional banking model with significant overlap in the Ohio portion of CTIC's footprint.

Others

• LPL Financial Holdings: Strategic platform partner of CTFS since 1998, providing the broker-dealer, RIA, and research infrastructure that powers CTIC's securities and advisory services. Not a customer competitor but the most material partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ctbi1903
• LinkedInlinkedin.com/company/community-trust-bank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Community Trust and Investment Company