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OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations

Perficient

Capital One, National Association. Capital One Bank (USA). The First National Bank of Middle Tennessee. Examination. Outstanding. Large Bank. Guaranty Bank & Trust, National Association. Satisfactory. Large Bank. Modern Bank, National Association. Outstanding. Wholesale Bank. Glen Allen. Satisfactory. Satisfactory.

National 309
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SmartFinancial to Buy Tennessee Branch from Atlantic Capital

American Banker

has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta. SmartFinancial in Knoxville, Tenn.,

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North Carolina investment group buying Tennessee bank

American Banker

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

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Proposed Tennessee de novo's organizers hit capital-raising goal

American Banker

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.

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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

PYMNTS

Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon said it offers online classes with everything from “heart-pounding, high-intensity workouts, to calming yoga,” covering fitness needs at all levels.

Tennessee 204
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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

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Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations

PYMNTS

This latest announcement follows a private-equity buyout in 2017 by NRD Capital Management. Founded in 1972 and headquartered in Maryville, Tennessee, Ruby Tuesday has furloughed about 7,000 of its roughly 7,300 employees.

Tennessee 163