| Directors Emeriti | |
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Since 1891, Commercial Bank of Grayson has invested in Carter County and the surrounding region—not just as a bank, but as a neighbor. Our team proudly serves on local boards, volunteers at community events, mentors students, and supports nonprofits, schools, small businesses, and the arts.
How we show up:
Education & Youth: scholarships for local seniors, classroom partnerships, career fairs, and financial literacy.
Community Events: shred days, festivals, chambers of commerce, and civic initiatives that strengthen our area economy.
Small Business Support: workshops and Lunch & Learns, local purchasing, and sponsorships that keep dollars close to home.
Service & Giving: employee volunteerism, fundraising efforts, and rapid support for community needs.
Follow our latest projects, photos, and upcoming events on Facebook (And LinkedIn, X, and Instagram)
Please contact Human Resources at 606.474.7811 for job requirements and additional information.
Online Application for Employment – Commercial Bank of Grayson
PDF Application for Employment (Print, complete, and return for consideration)
Current positions seeking available candidates for (as of 10/13/25)
History of Commercial Bank of Grayson
The Commercial Bank of Grayson was founded in early 1891, addressing the need for a financial institution in Grayson, which previously had none. Its first financial statement, dated May 1, 1891, showed total assets of $15,882.70, and the bank quickly gained the community’s trust. In 1894, the bank paid its first dividend to stockholders, and this tradition has continued annually ever since, with no new stock ever being issued – growth has come through retained earnings.
The original 26 investors in the bank’s capital stock included local figures such as Winfield Scott, Dr. A.T. Henderson, and J.W. Hord. Dr. John Wilson Strother, an active physician and lay preacher, became the bank’s first president, serving in that role until his death in 1935. The first employees included Winfield Scott as Cashier and W.H. Mitchell as Assistant Cashier.
Throughout its history, the bank has weathered financial challenges, including recessions and the Great Depression, maintaining continuous service to the community. As times and banking needs have evolved, the Commercial Bank of Grayson has adapted, modernizing its products and services to stay relevant. In fact, the bank has continuously remained at the forefront of financial industry advancements to ensure customers have access to the latest in banking technology and services. A prime example of this modernization is the incorporation of Video Tellers in the Spring of 2023. This technology, the digitization of the bank’s Drive-Thru services, has drastically improved response and service times for transactions, enhancing convenience for customers.
Since 1891, Commercial Bank of Grayson has consistently practiced a customer-first approach that has enabled the creation of lasting relationships spanning multiple generations of local families. The bank has remained open through financial crises such as recessions, money panics, and the Great Depression. Over the years, the products desired by customers have changed, and so have the services the bank provides. The bank continues to innovate, offering modern products and solutions to meet the evolving needs of its customer base. Today, more than a century later, Commercial Bank of Grayson remains an independent institution committed to its community and customers.
Since Dr. Strother’s term as bank president, four others have served in the same capacity including Wick H. Strother (1935-1956), Jack W. Strother (1956-1982), Jack W. Strother, Jr. (1982-2013), and Mark D. Strother (2013-present). The bank’s current Board of Directors includes Jack W. Strother, Jr. (Chairman); Linda Arnett; Jim Jordan; Willie D. Patton; Samuel J. Perry; David Price; and Mark D. Strother. Directors Emeriti are John Jordan, and Von Loy Kiser. The bank’s executive officers include Mark D. Strother, President & CEO; Cynthia L. Hill, Vice President & Chief Operations Officer; Hilma Harned, Vice President. The executive officers work with a staff of 50 professionals whose top priority today remains the same as it was in 1891—quality service for their customers and communities.
The bank’s original location was at 102 West Main Street, Grayson. In 1892, it moved to 106 E. Main Street, where it stayed for 89 years. In 1981, the bank relocated its Main Office to 208 E. Main Street. The bank also expanded by opening its first branch in 1976 in Grayson, followed by the acquisition of the former Peoples Bank of Olive Hill in 1987, broadening its services to the western part of Carter County.
Today, the Commercial Bank of Grayson continues to be a prominent institution in the region, with a dedicated staff focused on delivering quality service, just as it did when it was founded more than a century ago.
Updated October 2025
| Schedule of Fees | Effective March 1st, 2023 |
| The following fees may be assessed against your account following transaction limitations, if any, apply to your account: | |
| Account Activity Printout | $ 2.95 |
| Account Reconciliation ($25 minimum) | $ 25.00/hr. |
| Account Research ($25 minimum) | $ 25.00/hr. |
| ATM/Debit Replacement Cards | $ 5.00/ea. |
| ATM/Debit Replacement PINs | $ 5.00/ea. |
| Foreign ATM Transaction Fee | $ 2.00/ea. |
| Automatic Transfer from Savings to cover overdraft | $ 5.00/ea. |
| Cashier Checks (customers only) | $ 5.00/ea. |
| Check Printing (depends on style & quantity of checks ordered) | |
| Photocopies | $ .25/ea. |
| Dormant Fee* | $ 5.00/mo |
| *Dormant fees are charged for checking accounts with no activity in a one year period or for savings accounts with no activity in an eighteen month period. | |
| Early Closure of Account (within 180 days of opening) | $ 25.00 |
| Excess Withdrawal Fee-Money Market (>6 per mo) | $ 5.00/ea. |
| Excess Withdrawal Fee-Savings (>6 per mo) | $ 5.00/ea. |
| Executions, Levies or Garnishments | |
| Bank’s Legal costs plus | $ 100.00 |
| Foreign Currency Orders – Our cost plus | $ 10.00 |
| Internal Transfers | |
| Automatic, monthly, recurring | $ .15/ea. |
| Other Transfers by calling the bank | $ 5.00/ea. |
| Money Orders | $ 5.00/ea. |
| Overdraft Item Fee¹ – Per item, Per Presentment. | $ 19.95 |
| (Overdrafts may be created by checks, ACH, & other electronic means) | |
| Returned Item Fee¹ | |
| Per Item, Per Presentment | $ 19.95 |
| UCF Returned Item Fee | $ 19.95 |
| UCF Paid Item Fee | $ 19.95 |
| Extended Overdraft Fee (charged weekly) | $ 5.00 |
| (Overdrawn for 5 consecutive business days) | |
| Safe Deposit Boxes (Annual Fees Available Upon Request) | |
| Special Statement Cutoff | $ 5.00/ea. |
| Stop Payments | $ 25.00 |
| Wire Transfers – Incoming | $ 15.00/ea. |
| Wire Transfers – Outgoing | $ 25.00/ea. |
| Footnotes | |
| ¹Overdraft and Return Item Fees will apply to items created by check, ACH, or other electronic means. A fee will be charged to you each time the same item, whether it is created by check, ACH or other electronic means, is presented against insufficient funds. | |
| We reserve the right to, at any time, require not less than 7 days notice in writing before each withdrawal from an interest bearing account other than a time deposit, or from any other savings account as defined by Regulation D. |
Main Office
208 East Main Street
Grayson, KY 41143
Lobby Hours
Mon – Thurs: 8:30a- 3:00p
Fri: 8:30a – 5:00p
Sat: Closed
24hr Telebanker
Phone: 1 (800)598-4524
Phone: 606.474.7811
Fax: 606.474.2100
Olive Hill Office
155 E. Tom T. Hall Blvd
Olive Hill, KY 41164
Lobby Hours
Mon – Thurs: 8:30a – 4:00p
Fri: 8:30a – 5:00p
Sat: 8:30a – 1:00p
Drive-Thru Hours
Monday – Friday: 7:00a – 6:00p
Saturday: 7:00a – 1:00p
Phone: 606.474.7811
Interchange Branch
109 North Carol Malone Blvd
Grayson, KY 41143
Lobby Hours
Mon – Thurs: 8:30a- 5:00p
Fri: 8:30a – 6:00p
Sat: 8:30a – 1:00p
Drive-Thru Hours
Monday – Friday: 7:00a – 6:00p
Saturday: 7:00a – 1:00p
Phone: 606.474.7811