Company Information

Get to know Commonwealth Bank & Trust Company

Commonwealth Bank & Trust Company was a Louisville, Kentucky-based financial institution founded in 1982. It operated as a community bank offering a full range of services, including personal and business banking, mortgage lending, and comprehensive wealth management and trust services. With a mission focused on client relationships and community involvement, it grew to serve the Louisville, Shelbyville, and Northern Kentucky markets. In May 2019, Commonwealth Bank & Trust Company was acquired by and merged into WesBanco Bank, Inc., a larger regional bank, expanding WesBanco's presence in Kentucky. All former Commonwealth Bank & Trust operations now function under the WesBanco brand.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Wealth Management

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Commonwealth Bank & Trust Company

United States

Founded in

1887 (139 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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FSCA

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.