Doug Scholsnagle loves to help people succeed and realize their dreams.
Schlosnagle, CEO of United Citizens Bank and Trust, came to the bank in 2005 with a background in helping farmers do that while employed at Farm Credit Services.
The bank’s mission statement expresses the need for a locally owned community bank is paramount and Schlosnagle affirms that the bank continues to attract people to a business built on service.
“I think we have an advantage over the bigger banks,” Schlosnagle said. “People got turned off by big banks that thought they were too big to fail. We didn’t take any government money, our assets continue to grow and this is very much still about community instead of just a bank.”
Schlosnagle had just helped a young farmer purchase his first farm earlier before an interview. “When people come to the bank it is more than just a financial transaction,” he said.
“People come in here and talk and visit. Sometimes it’s a gathering place for the community where people come here and we know them by their first name and generations of their family come here to do business.”
Schlosnagle said the bank has attracted customers from Jefferson County mostly by word of mouth. He is a UK grad and owns a beef cattle farm in Pleasureville. His children Jared and Chelsey Schlosnagle started their own business selling eggs and their business has grown to 3,000 hens. Schlosnagle hopes to help all of his customers the same way.
“I love helping people realize their passions,” Schlosnagle said. “Large banks like large loans and would take on the loans we do. We will talk to someone no matter how small and we want to help them succeed.”
United Citizens Bank and Trust is providing breakfast during the Small Town Merchant Program, which will take place at the Henry County Fairgrounds on Mar. 8 from 9-11 a.m.
“The Kentucky Small Business Development Center will be at the event and give small business owners pointers on how to thrive,” Schlosnagle said “People that want to start a new business we point them in the direction to go. They will help people with business plans, have people in similar businesses who can look at their plan and help them develop it. You have to love what you’re doing when you work for yourself. When businesses succeeds it builds a strong economy and the community succeeds.”
Schlosnagle said that the bank has a large client base in agriculture and in 1987 when many farmers filed for bankruptcy Henry County had the lowest delinquency rate and he plans to keep it that way.
For more information about the Small Town Merchant Program call (502) 574-1378 or register on the Internet at www.goo.gl/PEdB7