Independence Bank President, Louis R. Straub II, was inducted into the Louisville Business First Forty Under 40 Hall of Fame on Tuesday, September 17th at a ceremony held at the Mercury Ballroom. Louisville Business First launched the Forty Under 40 Hall of Fame in 2016 to recognize past recipients who have continued to excel in their careers and serve the community.
Straub was originally recognized as a Forty Under 40 recipient in 1997 after the program’s inception in 1996 in an effort to recognize up and coming business leaders at the cutting edge of their fields.
“Louisville is comprised of many professionals, business owners and community leaders that make this a great place to live,” Straub said. “But some of the hardest tasks are being everyday parents, teachers, coaches and examples for our children. These everyday sacrifices are the fabric of our community, so it is an honor to be recognized for the work I have done. I believe that each member of every team has a valuable gift to offer their organization and I have had the privilege of learning and working alongside so many talented people. I am truly humbled and look forward to seeing what the next generation to come accomplishes.”
Straub has over 32 years of experience in banking and after beginning his career in 1986 with Liberty National Bank, currently known as JP Morgan Chase, he served in various management and financial leadership roles in the commercial banking industry. Straub joined Independence Bank as President in 2017 and continues to lead the Louisville team at the St. Matthews location on Shelbyville Road. He has financed many well-known Louisville institutions and landmark enterprises, and has an expertise in traditional commercial lending, government, healthcare, higher education and non-profit industries.
Straub graduated from the University of Kentucky in 1986 with a Bachelor’s Degree in Business Administration. Straub currently serves on the Norton Healthcare Foundation Board of Directors as well as the Brightside Foundation Board of Directors. He is a part of the Finance Committee for the Methodist Conference of Kentucky and the Finance and Endowment Committees for Christ Church United Methodist. He is a Trustee Investor and Finance Committee Member for Greater Louisville, Inc. and was the 2018 Metro United Way Community Campaign Chair.
He is married to wife Elizabeth and has two daughters, Madeline and Anna Claire. He is a lifelong resident of Louisville and enjoys spending time with his family, traveling, sporting clays and golfing.
Photo credit: Christopher Fryer Louisville Business First
Independence Bank is a regional community bank with 25 locations in Calloway, Daviess, Franklin, Graves, Hancock, Henderson, Hopkins, Jefferson, McCracken, McLean, Warren and Webster counties. One of the fastest growing banks in Kentucky and fifth largest, Independence Bank possesses the size and experience to serve the largest and most complex clients and offers trust and investment services and agricultural services. As a banking revolution for the people, by the people, central to Independence Bank’s mission is doing what is right and fair for customers, communities and employees. Independence Bank has been recognized as a Top Performing Bank and Best Bank to Work For by the American Bankers Association, a Best Place to Work in Kentucky and has assets totaling $2.5 billion.