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Reliant to buy Cheatham lender

By GEERT DE LOMBAERDE This story first appeared on our sister publication the Nashville Post. The leaders of Reliant Bancorp have struck a deal to buy the parent of Community Bank & Trust in Ashland City for about $37 million in stock and cash. The proposed deal, which is expected to be completed in the

By | 2019-09-17T13:38:40-05:00 September 17th, 2019|Categories: Business, BW-Money, BW-News|Tags: |0 Comments

Mitsubishi hires AutoNation executive to manage parts and services business

Scott Smith. / Photo courtesy of Mitsubishi North America By MATT BLOIS Mitsubishi has hired an AutoNation executive to run its parts and services business. This is the first outside hire that Mitsubishi has announced since it decided to move its headquarters from California to Tennessee in June. In July, the company promoted two longtime

By | 2019-09-09T14:20:32-05:00 September 9th, 2019|Categories: Business, BW-Money|Tags: |0 Comments

Quorum reports a $17M second quarter loss, will partner with MEDHOST on health records

By MATT BLOIS The Brentwood hospital chain Quorum Health lost about $17 million in the second quarter of 2019. During the same quarter last year Quorum reported a loss of $26.6 million. Operating revenues for the current hospital portfolio fell from $458.5 million in the second quarter of 2018 to $442.4 million during the same

By | 2019-08-08T13:13:00-05:00 August 8th, 2019|Categories: Business, BW-Healthcare, BW-Money|Tags: , |0 Comments

A Brentwood payment processing company acquires a payroll business serving employees without a bank account

By MATT BLOIS The Brentwood payment processing company COMDATA has acquired a payroll business that serves employees outside of the traditional financial system. COMADATA purchased SOLE, a finance company located in Oregon, this month. The company issues debit cards and allows employers to deposit paychecks directly onto the card. COMDATA launched a similar product called

By | 2019-07-15T13:56:55-05:00 July 15th, 2019|Categories: Business, BW-Money, BW-News|Tags: |0 Comments

Tennessee Bank & Trust names president, chief banking officer

Brian Heinrichs has been named President and Chief Banking Officer of Tennessee Bank & Trust. He will step into this role on July 1. Dan Andrews, Jr. will continue in his position as Chairman and Chief Executive Officer. For the past five years, Heinrichs served as Chief Financial Officer at INTRUST Bank, a $5 billion

By | 2019-06-19T18:48:43-05:00 June 19th, 2019|Categories: Business, BW-Money, BW-News|Comments Off on Tennessee Bank & Trust names president, chief banking officer

Brentwood financial guide makes Forbes Top Women Wealth Advisors list for third year

For the third consecutive year, Mitzi Michaelson, a wealth manager at Merrill Lynch in Brentwood, has been named by Forbes as one of “America’s Top Women Wealth Advisors” for 2019. Michaelson received her undergraduate degree from Millsaps College and received an MBA from Middle Tennessee University. With more than 19 years of experience providing financial

By | 2019-06-14T18:32:43-05:00 June 14th, 2019|Categories: BW-Money, BW-News|Comments Off on Brentwood financial guide makes Forbes Top Women Wealth Advisors list for third year

First Tennessee Bank and affiliated institutions will rebrand as First Horizon

First Horizon National Corporation (NYSE:FHN) on Wednesday announced that it will bring together its family of companies under a unified set of brand names and a new logo. In the fall, Capital Bank, First Tennessee Bank, FTB Advisors, and FTN Financial will become First Horizon Bank, First Horizon Advisors and FHN Financial, respectively. The unification

By | 2019-06-12T22:28:49-05:00 June 12th, 2019|Categories: BW-Money, BW-News|Comments Off on First Tennessee Bank and affiliated institutions will rebrand as First Horizon

Reliant moving quickly with stock buyback

NashvillePost.com The leaders of Brentwood-based Reliant Bancorp aren’t letting grass grow under their feet when it comes to buying back the company’s shares. Reliant’s board of directors last December authorized a $12 million repurchase plan after the stock had followed many other banks down from its summer highs, sliding from nearly $30 to about $23.

By | 2019-05-28T17:14:25-05:00 May 28th, 2019|Categories: Business, BW-Money, BW-News|Comments Off on Reliant moving quickly with stock buyback

Renasant Bank recruits Franklin Synergy exec to mortgage production post

By Geert De Lombaerde NashvillePost.com Regional lender Renasant Bank has lured a longtime Franklin Synergy Bank executive to be its mortgage production manager. Stephen Lewis joins Renasant, which runs six area retail offices and has about 1 percent of the deposit market, with more than 27 years of mortgage experience. He had been at Franklin

By | 2019-05-19T18:12:20-05:00 May 19th, 2019|Categories: Business, BW-Money, BW-News|Comments Off on Renasant Bank recruits Franklin Synergy exec to mortgage production post

First Citizens Bank loan originator elected president of Nashville Mortgage Bankers Association

Kevin Blankenship has been elected as the 2019 President of the Nashville Mortgage Bankers Association. Blankenship is a Mortgage Loan Originator at First Citizens National Bank in Franklin, Tennessee. He has been a mortgage professional since 1993. He is a graduate of Western Kentucky University. First Citizens National Bank, founded in 1889 in Dyersburg, Tennessee,

By | 2019-05-09T15:16:27-05:00 May 9th, 2019|Categories: Business, BW-Money, BW-News|Comments Off on First Citizens Bank loan originator elected president of Nashville Mortgage Bankers Association