Tennessee

The $23.3 billion-asset Simmons would make big market-share gains in Memphis and Nashville with its deals for Triumph Bancshares and Landmark Community Bank.

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

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.

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

The Nashville-based institution is still awaiting regulatory approval on a proposal to operate as a subsidiary of Fortera Credit Union.

The deal will give ORNL access to three additional counties in the region.

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.

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

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

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