In this episode of DevelopLex, we welcome Luther Deaton, the chairman, president, and CEO of Central Bank, to share his incredible journey from humble beginnings in Breathitt County to becoming a prominent business leader in Lexington, Kentucky. Luther discusses his early life, entry into the banking industry, and his profound impact on the community through various charitable organizations. He also sheds light on the changes in banking over the decades and the importance of public-private partnerships in addressing Lexington's affordable housing crisis. Tune in to learn about his leadership philosophy, community involvement, and vision for the future of Lexington.
00:00 Introduction to Luther Deaton
01:06 Luther's Humble Beginnings
02:58 Journey to Lexington
03:50 Career at Central Bank
04:44 Changes in Banking
06:45 Leadership and Community Involvement
12:11 Impact of Major Events on Banking
17:34 Lexington's Growth and Challenges
22:21 Notable Projects and Contributions
23:22 Legacy of Community Builders
23:57 Unique Development Dynamics in Lexington
25:58 Advice for New Employees
27:56 Involvement in Local Organizations
30:53 Lessons from a Career in Lending
34:07 Impact of the University of Kentucky
39:34 Future of Lexington: Exciting Developments
42:03 Public-Private Partnerships for Affordable Housing
44:52 Conclusion and Gratitude
Hosted by Weston Lockhart
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Community Trust Bank
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Intro music by SmithTheMister