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Bank of the Bluegrass & Trust Co.

101 East High Street
Lexington, KY 40507
Tel. 859-233-4500
Fax. 859-225-4188
www.bankofthebluegrass.com

General Information

BANK OF THE BLUEGRASS
Lane Report Feature:

Lexington's highest rated bank is Bank of the Bluegrass. And, that is not a new fact.

For 40 consecutive quarters Bank of the Bluegrass has received Bauer Financial's 5-Star top industry rating in Central Kentucky for overall performance and strength. "Our rating confirms that our method of community banking under local ownership and management produces top-line results," states Monroe Jett, President of Bank of the Bluegrass.

"We are a customer focused company," comments Jett, a third generation banker. "This statement is not hollow rhetoric for us; it is the core of our business strategy and drives everything we do."

And the customer feedback proves that Jett and his bank deliver.

When surveyed by a third-party agency and asked how satisfied they were with Bank of the Bluegrass, a remarkable 94% of the bank's customers responded with top ratings.

"Our customer satisfaction rating is 10% higher than what other banks in Lexington and around the nation see from the same kind of research," Jett adds. "While some banks are driven toward how much profit they are making for their out-of-state holding companies, we are working hard to raise that 94% customer satisfaction number even higher."

Like most successful companies, Bank of the Bluegrass understands that running a profitable bank has everything to do with how well customers are served . . . and known.

Bank of the Bluegrass, in addition to its' traditional bank and trust services and products, offers Internet banking, mutual funds and will be adding annuities and insurance sales in the near future. Visit them today at www.bankofthebluegrass.com or stop by 101 E. High St. in Lexington to be well taken care of.

These are excerpts edited out to get down to 275 words. No other bank in Lexington claims this high honor and only a handful of banks in the nation have such an outstanding record.

Competitors continue to try to copy this successful method but aggressive growth strategies, diluted ownership and stock-price priorities make it difficult to do so.

73% of customers say they are called by name when they enter the bank , not because their name is printed on the deposit slip, "We make it a priority to know our customers by name because we recognize them," Jett emphasizes. "That kind of customer commitment is rooted deep in our employees and is possible because our staff has a long-term outlook on their careers at Bank of the Bluegrass."

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Local Branch / Office Locations

 

ADDRESS	TELEPHONE NO.
101 East High Street Lexington, KY 40507	859-233-4500

 FEES RELATED TO EACH LOAN

The following are fees related to a typical $175,000 purchase loan transaction in the Lexington area, with this company. This does not include points, if any, nor does it include local taxes, prepaid interest payments or prepaid escrow payments for home insurance or real estate taxes. A more complete list, tailored to your specific loan transaction, entitled "Good Faith Estimate of Settlement Costs" should be provided to you when you actually apply for a loan. All fees are believed to be accurate, but cannot be guaranteed and are subject to change without notice.

 

Appraisal	200
Credit Report	25
Application
Inspection
Document Prep/Review
Underwriting	345
Processing	30
Flood Certification	18
Tax Service
Notary
Pest Inspection
Settlement/Closing	350
Attorney
Recording	40
Survey	150
Messenger/Courier
Wire Transfer
Administrative
Mortgage Broker Fee
Funding and Review
Payment Processing
Title Exam
Title Insurance (lender's)	425
TOTAL	$1,583

• Types Of Mortgage Products Offered

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