News Topic: Tennessee

Donna Young, who has spent more than three decades at the Nashville-based credit union, succeeds Joe Spivey, who retired earlier this year. ... Read full article

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010. ... Read full article

The South Carolina company has agreed to buy the parent of Security Federal Bank. ... Read full article

The Nashville bank had sued Gaylon Lawrence in 2017 over allegations that he was pursuing an illegal takeover, but the two sides announced terms of a settlement. ... Read full article

Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year. ... Read full article

Organizers of Rockpoint Bank still need to raise $30 million before opening. ... Read full article

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital. ... Read full article

Recovery from a massive storm that touched down near Nashville is in its early stages, but bankers are looking at fee waivers and increased access to cash for those who were affected. ... Read full article

Lineage Financial Network, led by former Franklin Financial CEO Richard Herrington, plans to acquire Sumner Bank and Citizens Bank. ... Read full article

The company will acquire the parent company of First National Bank of Manchester and Bank of Waynesboro for $85 million. ... Read full article

Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors. ... Read full article

Franklin Financial agreed to be sold less than a year after issues surfaced in its portfolio of shared national credits. ... Read full article

The proposed merger will create a $10 billion-asset bank based in Nashville, Tenn. ... Read full article

The bank will top $500 million in assets after it acquires F&M Bancshares. ... Read full article

Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside. ... Read full article

The Tennessee company said that Rob Garcia will be in charge of building a commercial banking team in the city. ... Read full article

Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga. ... Read full article

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices. ... Read full article