Jefferson Community Technical College has announced Metro Council President Jim King will receive its Distinguished Alumnus Award today, in honor of his extraordinary community contributions in Louisville. King will receive the award during the 2012 JCTC graduation ceremony at the Kentucky International Convention Center, beginning Monday evening, at 6:30pm. The graduation ceremony will be held in Hall 2-C of the Convention Center.
“It is an honor to receive this award,” said President King. “The education I received at Jefferson Community College laid the foundation for my career. It was affordable yet excellent.”
The President is a CPA by profession and the founder of King Southern Bank. He has been involved with many local groups including the Louisville Orchestra, the Boys and Girls Clubs, the Kentucky Derby Festival and many other community organizations.
In his letter to the President announcing the award, JCTC President Tony Newberry said “your participation will make the event even more significant for so many of us who have admired your work and appreciate your clear voice and visionary leadership in our community.”
King, a Democrat, was elected to the Metro Council in 2004 representing District 10. He has served three terms as President. He was first elected to the office in 2008. In 2011, he was again elected to lead the Metro Council and was reelected in 2012 to the office. He is the only person on the Council who has served as President for two consecutive years.
Councilman King’s District comprises much of the East Side of Louisville’s corporate limits stretching from Bardstown Road near Bashford Manor to the St. Joseph’s area at Eastern Parkway and Crittenden Drive. He serves the people of Petersburg, West Buechel, Watterson City, the Upper Highlands, Audubon Ridge, Camp Taylor, Fincastle, Nightingale, Audubon Park, North Audubon, Schnitzelburg, Parkway Village, St. Joseph’s, Germantown, Paristown, Prestonia, and Belmar.
He was born in the St. Joseph’s neighborhood on Ervay Avenue. He was the 4th child and 1st boy in a family of six girls and two boys. He attended St. Raphael elementary school and St. Xavier High School, having graduated from the latter in 1969. In 1973, he graduated from the University of Louisville with a Bachelors Degree in Accounting and he joined Ernst & Ernst (now Young) shortly thereafter. His academic record at the University of Louisville earned him numerous awards and honors.
King received his license to practice as a Certified Public Accountant from the State of Kentucky in 1976 and in 1981 he formed a CPA firm, King & Company, PSC. That firm has operated successfully throughout Kentucky since that date and is currently located at 3400 Dutchmans Lane at the intersection of Taylorsville Road. King currently serves as the President and CEO of that firm and has held CPA licenses to practice in Indiana and Florida since the 1980s.
In 1987, King acquired a bank in Nelson County, Kentucky and became its President and CEO as well. At the time of its acquisition, the bank had $6,000,000 in assets and only one location. Today, King Southern Bank has $160,000,000 in assets and 7 locations, 5 of which are in Jefferson County. He also serves as President and CEO of King Bancorp, Inc., the parent bank holding company of King Southern Bank, and he has real estate holdings throughout Jefferson and Shelby Counties in Kentucky and in Florida.
Councilman King and his wife, Debbie, have two sons and two daughters, and two granddaughters and six grandsons. Currently, all of their children and grandchildren reside in Jefferson County. He has been active in Church and civic activities his entire life, and currently serves on the Board of the Kentucky Derby Festival, the Louisville Orchestra and the Kentucky Bankers Association (Past Chairman). He is a member of St. Raphael Catholic Church.
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