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Franklin Financial removes interim tag, announces Jones as permanent CEO

By GEERT DE LOMBAERDE This story first ran in our sister publication the Nashville Post. The directors of Franklin Financial Network have removed the ‘interim’ tags from the titles of CEO Myers Jones III and president Lee Moss. The decision comes nearly six months after Chairman and CEO Richard Herrington resigned abruptly from the bank

By | 2019-09-03T10:24:19-05:00 September 3rd, 2019|Categories: Business|Tags: , |0 Comments

Franklin Synergy taking $7.5M bad loan hit

NASHVILLE POST The leaders of Franklin Synergy Bank are charging off $7.5 million of their exposure to a large loan relationship they share with a group of other lenders. Franklin Synergy’s parent company, Franklin Financial Network, earlier this year booked a loss provision of $3.5 million due to the unidentified borrower’s failure to keep up

By | 2019-07-23T17:23:35-05:00 July 23rd, 2019|Categories: Business|Tags: , |0 Comments