Memphis and National - Community Banking Brief

DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

CFPB Monitor

OCTOBER 26, 2021

Trustmark National Bank Settlement. The DOJ, CFPB, and OCC, announced they had entered into agreements with Trustmark National Bank (TNB) to resolve allegations that TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee.

Mississippi

Mississippi Memphis National Tennessee

Justice Department announces settlement to resolve lending discrimination claims against Evolve Bank and Trust

CFPB Monitor

OCTOBER 13, 2022

On September 29, 2022, the Justice Department announced a proposed consent order with Evolve Bank and Trust to resolve allegations of lending discrimination on the basis of race, sex, and national origin in the pricing of its residential mortgage loans from at least 2014 through 2019.

Lending

Lending Memphis Tennessee Leadership

Rebeca Romero Rainey: Stories worth telling

Independent Banker

MARCH 31, 2022

I’m headed to Memphis to meet with our state and regional partners, and then I’ll be engaging with the team at CRA Partners. Together, we will ensure the entire nation knows exactly what it means to be a community bank. Where I’ll be this month. Share a new development, community project or initiative. Rebeca Romero Rainey.

Oklahoma City

Oklahoma City social media Memphis Community

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

FedEx Offers $40K-$110K Bonuses To Keep Pilots Flying

PYMNTS

OCTOBER 4, 2018

Earlier this week, the National Retail Federation (NRF) reported that holiday sales for U.S. In fact, Trip Miller, managing partner at Memphis-based Gullane Capital Partners and a longtime FedEx shareholder, said the pilot shortage will hit FedEx hardest in about three to five years. “We retailers are expected to increase 4.8

Memphis

Memphis Retail National Capital

CFPB issues annual fair lending report

CFPB Monitor

MAY 16, 2022

One of those actions is an action brought jointly with the DOJ and OCC against Trustmark National Bank (TNB) which alleged TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee.

Lending

Lending Report Memphis Tennessee

First Horizon eyes more expense cuts in wake of Iberiabank merger

American Banker

OCTOBER 23, 2020

The Memphis company is looking to take out more costs than initially planned due to the economic uncertainty brought on by the coronavirus pandemic.

Memphis

Memphis Company National Management

Who were ICBA’s Top Lenders of 2022?

Independent Banker

JUNE 30, 2022

American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. The Miners National Bank of Eveleth. The National Iron Bank. The First National Bank of Gilbert. 1st National Bank of Scotia.

Community Bank

Community Bank Community National Philadelphia

First Horizon Unit to Buy Firm That Securitizes SBA Loans

American Banker

OCTOBER 27, 2016

A unit of First Horizon National in Memphis, Tenn., has agreed to buy Coastal Securities, a Houston firm that trades, securitizes and analyzes Small Business Administration loans.

Memphis

Memphis Houston National Security

M&A Likely to Remain Slow, Says First Horizon Chief

American Banker

SEPTEMBER 13, 2016

Bryan Jordan, chairman and chief executive of First Horizon National in Memphis, Tenn., M&A activity has slowed this year, and D. doesn't see that changing anytime soon.

Memphis

Memphis National Regional Strategy

Solid Revenue Lifts First Horizon's Results

American Banker

JULY 15, 2016

First Horizon National in Memphis, Tenn., reports solid quarterly results on the strength of revenue growth.

Memphis

Memphis National Report Regional

CFPB January 2017 complaint report highlights mortgage complaints, complaints from Tennessee consumers

CFPB Monitor

FEBRUARY 9, 2017

The report also highlights complaints from consumers in Tennessee and the Memphis and Nashville metro areas. General findings include the following: As of January 1, 2017, the CFPB handled approximately 1,080,700 complaints nationally, including approximately 22,900 complaints in December 2016.

Tennessee

Tennessee Report Memphis Nashville

First Horizon Reports Solid Results on Increased Revenue

American Banker

APRIL 15, 2016

First Horizon National in Memphis, Tenn., reported improved quarterly earnings that reflected higher revenue.

Memphis

Memphis Report National Regional

Rebeca Romero Rainey: Let’s continue to push the boundaries

Independent Banker

MARCH 31, 2019

at The Venture Center for our Demo Day of the ICBA ThinkTECH Accelerator, and in Memphis, Tenn., We need every community banker, from every corner of our nation, to tell the positive story of our industry with legislators. So, let’s continue to be bold as we move forward after yet another fantastic national convention.

Washington

Washington Memphis Community Nashville

First Horizon, Wintrust to Buy Franchise Loans from GE Capital

American Banker

JUNE 27, 2016

First Horizon in Memphis, Tenn., and Wintrust Financial in Rosemont, Ill., have agreed to buy more than $1.2 billion in franchise loans from GE Capital.

Memphis

Memphis Capital Regional National

Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

MARCH 11, 2020

Oklahoma City, and Memphis. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C., Orlando, Tempe, Cleveland, Philadelphia, Indianapolis, Pittsburgh, Chicago, Kansas City, Greensboro, Westminster (L.A.), Ontario (L.A.),

Company

Company Miami San Antonio Oklahoma City

First Tennessee Hires Four for Its Growing Niche Lines

American Banker

OCTOBER 18, 2016

First Tennessee Bank in Memphis has recruited a quartet of executives for its expanding specialty banking lines that serve the franchising, healthcare, music, and transportation industries.

Tennessee

Tennessee Memphis Industry Regional

First Tennessee to Invest $1 Million in Financial Education

American Banker

SEPTEMBER 28, 2016

First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities.

Tennessee

Tennessee Memphis Community Operations

Mobile Wave Makes Cost-Cutting Easier for First Horizon

American Banker

APRIL 15, 2016

The Memphis company's forecast for the remainder of the year calls for cost saves from a branch-reduction effort that's gaining momentum as online and mobile banking grow and monthly visits to branches plummet.

Memphis

Memphis Mobile Online Company

First Horizon's Profit Climbs 7% on Strong Revenue Gains

American Banker

OCTOBER 14, 2016

Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings.

Memphis

Memphis Regional National

This Time, We Want You To Drink The Kool-Aid

PYMNTS

AUGUST 12, 2017

And so, in celebration of national Kool-Aid day – which was technically yesterday, but is being celebrated throughout the weekend (more on that in a second) – we come not to bury Kool-Aid, but to praise it. All the same, though, no one can deny how delicious Kool-Aid really is.

Nebraska

Nebraska Jacksonville Oklahoma Florida

Regulation and Compliance: Ready for Review

Independent Banker

SEPTEMBER 25, 2014

Wilson, partner with the accounting and consulting firm Butler Snow LLP of Memphis, Tenn., national financial services partner for the accounting and consulting firm BKD LLP in Louisville, Ky. Virginia B. agrees that examiners seem to have placed a renewed emphasis on Bank Secrecy Act issues.

Compliance

Compliance Regulation Community Bank Community

D3 Digital Banking Platform Goes Live at First Tennessee Bank

Fintech Labs Insights

NOVEMBER 16, 2016

A part of the First Horizon National Corp, First Tennessee Bank has top deposit market share in Chattanooga, Memphis, and the Tri-Cities, and top five deposit market share in Knoxville and Nashville. Founded in 1864 during the Civil War, the bank boasts one of the best customer retention rates of any bank in the U.S.

Tennessee

Tennessee Digital Banking Memphis Omaha

Our Meatless Future: How The $90B Global Meat Market Gets Disrupted

CB Insights

NOVEMBER 9, 2017

San Francisco-based Memphis Meats produces meat from self-reproducing cells, thereby producing meat that is an “animal-based” product but avoiding the need to breed, raise, and slaughter huge numbers of animals. Memphis Meats aims to decrease the cost of lab-grown meat in order to compete with commercial meat.

Memphis

Memphis Marketing Capital Trends

Community Banking Brief

DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

Justice Department announces settlement to resolve lending discrimination claims against Evolve Bank and Trust

Webinars

Trending Sources

Rebeca Romero Rainey: Stories worth telling

Webinars

FedEx Offers $40K-$110K Bonuses To Keep Pilots Flying

CFPB issues annual fair lending report

First Horizon eyes more expense cuts in wake of Iberiabank merger

Who were ICBA’s Top Lenders of 2022?

First Horizon Unit to Buy Firm That Securitizes SBA Loans

M&A Likely to Remain Slow, Says First Horizon Chief

Solid Revenue Lifts First Horizon's Results

CFPB January 2017 complaint report highlights mortgage complaints, complaints from Tennessee consumers

First Horizon Reports Solid Results on Increased Revenue

Rebeca Romero Rainey: Let’s continue to push the boundaries

First Horizon, Wintrust to Buy Franchise Loans from GE Capital

Car Vending Machine Company Carvana Goes Up Against Wall Street

First Tennessee Hires Four for Its Growing Niche Lines

First Tennessee to Invest $1 Million in Financial Education

Mobile Wave Makes Cost-Cutting Easier for First Horizon

First Horizon's Profit Climbs 7% on Strong Revenue Gains

This Time, We Want You To Drink The Kool-Aid

Regulation and Compliance: Ready for Review

D3 Digital Banking Platform Goes Live at First Tennessee Bank

Our Meatless Future: How The $90B Global Meat Market Gets Disrupted

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