Why Heritage

We believe when we STRIVE TOGETHER, we THRIVE TOGETHER.
We believe in you. We were founded to launch the aspirations of people just like you living in the very communities you call home. Together, we make amazing things happen every day in Greater Cincinnati. Believe us when we say, we offer a different banking experience.
We SIMPLIFY BANKING for neighbors managing today’s priorities and working toward tomorrow.
We CHAMPION SMALL BUSINESS and the local entrepreneurs whose vision and grit inspire us.
We BUILD UP COMMUNITIES where you live and work through our investments, donations, volunteerism, and all-around positive influence.
We OPERATE CONSERVATIVELY & MENTOR GENEROUSLY. We plan to be around for a long time, and our decisions reflect it. We also make time to explain how banking works. Customers who understand money thrive.
We EARN YOUR TRUST. Whether you’ve been a customer for decades or just opened an account, we work every day to earn the right to be your preferred bank.
We FOSTER OPPORTUNITY for everyone who calls Greater Cincinnati home.
How We Operate
It’s not enough to be friendly. We promote competence and caring throughout the bank.
We show employees they are appreciated. In turn, they feel as committed to our customers as we are to them.
We follow national economic trends but never lose sight of the economic drivers in the region we serve. Our products and services reflect our focus on this region.
You deserve a fair shake. Every product design and policy discussion revolves around how our decisions impact customers.
We put our time, talent, and treasure back into nonprofits and civic activities focused on improving the quality of life across our region.
Every banker is one call or text away from a decision maker.
We have the experience and flexibility to provide custom solutions when you need them.
We invest in technology to enhance security and simplify banking. We also invest in great employees and give you easy access to them.
We don’t have an exit strategy. We’re not growing the bank to sell it to a national player.
Board Members











Ohio Advisory Board
Our History
Heritage Bank was founded in 1990 by Arnold Caddell, one of Northern Kentucky’s most respected entrepreneurs and philanthropists. He brought together a group of local businesspeople who shared his concern about shrinking access to community banks able and eager to respond to regional consumer and business banking needs. Our founders wondered where local families would find bankers who knew them by name. They worried where tomorrow’s entrepreneurs, family businesses and independent mid-sized companies would find banks and bankers committed to their success.
After Arnold Caddell stepped down, his son Chris Caddell was named Chairman of the Board and then Chief Executive Officer. During Chris’ tenure, the bank opened its first two branches in Ohio as well as a new location in Williamstown, Kentucky, grew its Treasury Management Services, invested aggressively in more consumer products and digital tools, and secured the naming rights to one of the region’s largest entertainment venue – now The Heritage Bank Center. Chris also recruited the long-time leading regional anchorman and customer, Rob Braun, to be the company’s first official spokesperson, and was at the helm when the bank crossed the billion-dollar mark. His sudden passing was a shock, but the vision he instilled in every employee and the talent he put in place ensured the bank’s resilience and bright future.
David Wallace stepped into the Chairman of the Board and CEO role upon Chris’ passing. He was a young attorney when Arnold Caddell asked him to help charter Heritage Bank and served as legal counsel for many years, helping to steer the bank through growth and regulatory changes. Under David’s leadership, the bank has grown by double digits over several consecutive years and expanded its investment into the local community.
Today, Heritage Bank operates 19 locations across Cincinnati and Northern Kentucky, growing its customer base across the region. We are one of the region’s top 10 banks and a leading resource for small to mid-sized business banking.
Heritage Bank remains committed to its independence.
What's a Community Bank?
Community banks are one of the best parts of the U.S. financial system. These institutions serve the businesses and individuals within a specific geography in the spirit of reinvesting in the communities they serve. Generally, community banks are known for focusing on long-term relationships over transactions, offering more competitive fees on services and factoring in a person’s character and ties to the community in addition to financial statements and algorithms. Heritage Bank strives to represent all the best attributes of community banking for the benefit of greater Cincinnati.
*Source: Heritage Bank’s Net Promoter Scores collected from a statistically significant number of retail customers indicates that our score (80 as of February 25, 2025) is 4Xs higher than the national average for banks (19) as reported by Qualtrics XM Institute featuring NPS data from over 300 companies across 20 industries, published in 2025. NPS Industry Benchmark Calculator - Qualtrics. The Net Promoter Score is among the most widely used and accepted methods of gauging customer experience.
** More than 90 percent of business customers surveyed through Heritage Bank’s Net Promoter Score survey gave the bank a 9 or 10 rating, indicating willingness to recommend the bank.