Tennessee

The bank will top $500 million in assets after it acquires F&M Bancshares.

Franklin Financial CEO J. Myers Jones is trying to reduce his company's exposure to shared national credits and health care loans, which have enjoyed solid yields but come with a downside.

The Tennessee company said Rob Garcia will be in charge of building a commercial banking team in the city.

Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.

First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks.

The deal will create a Southeastern regional with $75 billion in assets across 11 states.

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.

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

Kelly Price, an executive vice president, will take over when Olan Jones Jr. retires on Jan. 1.

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

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

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

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

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

The Memphis-based developer of core processing software is now majority owned by three credit unions.

A growing number of credit unions are moving their headquarters to revitalized urban areas, and while some say that could help recruit new staff, it also carries the risk of being associated with gentrification.

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.

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.

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