Tennessee

First Tennessee Bank has established a partnership with the nonprofit Operation Hope to offer free financial literacy workshops and counseling sessions in several branches.

The $364 million-asset company named Steve Rownd to the positions, effective Jan. 1. Rownd will also be named president and CEO of FNB Bank.

Athens Bancshares in Tennessee has decided to delist its stock from Nasdaq and deregister with the Securities and Exchange Commission.

Charles Cook will retire next year as chairman of Truxton Corp. in Nashville, Tenn.

CNB Bancshares in Sevierville, Tenn., plans to buy National Bank of Tennessee, after the Newport, Tenn., bank's holding company files for bankruptcy.

F&M Bancshares in Trezevant, Tenn., has agreed to buy Medina Banking in Medina, Tenn. The $308 million-asset F&M Bancshares said in a press release that it expects the transaction to close early next year.

First Horizon National in Memphis, Tenn., will record an $11.6 million expense in the third quarter, after an arbitration panel officially ruled against it in a securities-related dispute with First United Corp. in Oakland, Md.

Atlantic Capital Bancshares in Atlanta sold $25 million in capital to help fund its purchase of First Security Group in Chattanooga, Tenn.

First Horizon National Corp. in Memphis expects to be fined up to $11.5 million by federal arbitration panel, in a dispute over its sale of preferred-term securities to First United Corp. in Oakland, Md.

Acquisitions would seem to be a logical course of action for regional banks struggling to cut costs and boost revenues in the low interest rate environment, but some bank chief executives are less open to the idea than others as comments by the heads of First Horizon and SunTrust demonstrate.