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JCB Announces Acquisition of Krumme & Brock Investment Services

Jun 18, 2018

Marvin S. Veatch, JCB President/CEO, announced that JCB has entered into an agreement with Krumme and Brock Investment Services, LLC, located in Seymour, Indiana, to acquire the assets under management, as well as its employees, effective June 1, 2018.

Krumme and Brock Investment Services, LLC is an independent practice offering securities through Raymond James Financial Services, Inc. Financial Advisors and practice owners Galen Krumme and Cliff Brock, along with Registered Administrative Assistant Kimberly Wetzel and non-registered Administrative Assistant Kelsey Yatsko, will immediately join the JCB Investment Services team.  Both Krumme and Brock have served clients in Seymour and the surrounding areas for more than twenty years.  Their current office location is 311 N. Ewing Street in Seymour, and they will continue to conduct business at that location.

Mr. Veatch stated, “We welcome Galen, Cliff, Kim and Kelsey to JCB. Their individual and collective investment experience highlights the commitment JCB has made to its customers by providing an array of investment portfolio and retirement planning solutions that are consistent with JCB’s personalized service.  The acquisition of Krumme and Brock Investment Services coupled with current JCB Investment Services team members Patrick Ballard and Brianne Roll also underscores JCB’s desire to grow the wealth management area of the bank.”

Mr. Krumme commented, “We are looking forward to becoming a part of JCB and sharing in their values and customer-first approach.” Mr. Brock added, “We look forward to working with a bank that has such a rich history in our home community.  We feel that this a great fit for us and JCB.” Because both Krumme and Brock Investment Services and JCB offer securities through Raymond James Financial Services, current Krumme and Brock clients will experience no changes in their accounts or services.

JCB, JCB Investment Services and Krumme and Brock Investment Services LLC, are not registered broker/dealers, and are independent of Raymond James Financial Services, Inc. Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other governmental agency, are not deposits or obligations of the bank, are not guaranteed
by the bank, and are subject to risks, including the possible loss of principal. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc.

About JCB
JCB has been an independent financial leader for more than 118 years, providing a full range of traditional banking and other relevant services to their customers. A $525 million asset institution, JCB is guided by the core values of Honesty, Encouragement, Accountability, Respect and Teamwork, which are at the HEART of the organization. With convenient locations and presence throughout south central Indiana, JCB is committed to helping its customers and communities fulfill dreams and achieve goals. For more information, visit www.jcbank.com.

About JCB
Jackson County Bank (JCB) is an independent financial leader, providing a full range of traditional banking and other relevant services to customers for more than 118 years. JCB is guided by the core values of Honesty, Encouragement, Accountability, Respect and Teamwork, which are at the HEART of the organization. With several convenient locations and a presence throughout south central Indiana, JCB is committed to delivering extraordinary service to every customer and community served. For more information, visit www.jcbank.com.