MyECheck, Inc. (fka MYEC)

[BERKSHIRE AGENT]

Local bank in bid to save Kentucky Kingdom

A Northern Kentucky bank has signed agreements to be the lead lender on a $43.5m project that seeks to revamp a local theme park.

The Bank of Kentucky Financial Corporation will be the lead bank and lender in the reopening of Kentucky Kingdom in Louisville.

The funding package includes a $15m loan along with banking and treasury management services when the park reopens on May 24, 2014.

"It has been a pleasure to work with Ed Hart, Kentucky Kingdom president, and his team on such an exciting and impactful project for the Bank and the State of Kentucky," said Brett Blackwell, the bank's vice president of commercial real estate lending.

"We are pleased to be a part of this project and look forward to seeing the park open next year and visited by families from throughout the region."

The project will include a full renovation of the park's 100 buildings and 40 rides as well as the construction of a new roller coaster and expansion of the water park. It will add 60 full time jobs and 1,000 seasonal employment opportunities.

Kentucky Kingdom has been closed since 2009, when former owner Six Flags entered bankruptcy.