News Topic: Tennessee

The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state. ... Read full article

The Tennessee company has agreed to buy First Advantage, which specializes in financing manufactured housing purchases. ... Read full article

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal. ... Read full article

The company agreed to buy Tennessee Community Bank Holdings, which has operations just west of Nashville. ... Read full article

The Tennessee bank was able to give employees more flexibility and cut its costs in half for its biometric screenings initiative. ... Read full article

There have now been a record 10 credit union-bank merger deals in 2019. ... Read full article

The Memphis, Tenn., regional will explore the use of voice assistants as part of its digital banking push. ... Read full article

FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business. ... Read full article

Lynn Harton, the Georgia bank's CEO and a 20-year BB&T veteran, is considering acquisitions in Alabama, Florida and Tennessee markets where the entity soon to be named Truist Financial has a high profile. ... Read full article

Ken Lehman will gain a 40% stake in the Tennessee bank as part of a broader plan to raise $13 million. ... Read full article

The Nashville, Tenn., company hired Tim Schools from Highlands Bancshares to succeed founding CEO Claire Tucker. ... Read full article

Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T ... Read full article

SmartFinancial lined up a compelling merger with Entegra. Then a bigger bank offered more money and a higher premium. ... Read full article

Entegra Financial, which had agreed to sell to SmartFinancial, is now selling to First Citizens, which offered more money and will pay a breakup fee for the initial deal. ... Read full article

The Tennessee company has set up a $3.5 million reserve associated with the unnamed borrower. ... Read full article

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel. ... Read full article

Trying to keep pace with big banks that digitize as many processes as possible will undercut community banks’ strengths, according to speakers at this year’s ICBA convention. ... Read full article

More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers. ... Read full article