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First Financial in Indiana buying Tennessee bank

American Banker

The deal for SimplyBank, scheduled to be completed in the second quarter, would give First Financial in Terre Haute, Indiana, additional branches in Tennessee and its first presence in Georgia.

Indiana 72
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Banks Respond to Tennessee Tornadoes with Donations, Relief Efforts

Banking Exchange

Tornadoes killed 25 people in Tennessee last week and caused huge amounts of damage, prompting community banks to step in The Economy Human Resources Feature Management Financial Trends Feature3 Customers Community Banking.

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Community Bank Consolidation Accelerates: Simmons First National in $277M Double Buy in Tennessee

Banking Exchange

Two community banks snapped by Simmons, while Illinois’ Heartland Bank looks to push into Iowa Community Banking Feature3 Feature Management M&A.

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Walden Mutual aims to serve New England’s food community

Independent Banker

As the first mutual bank to open in decades, Walden Mutual Bank is gearing up to support New England’s farmers, food service industry and sustainable food community. submitted its application to the FDIC at the end of August with the intent to serve New England’s local and sustainable food community with a bank owned by its depositors.

Community 170
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OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations

Perficient

The Office of the Comptroller of the Currency (OCC) has released 16 Community Reinvestment Act (CRA) performance evaluations. The First National Bank of Middle Tennessee. Community Development Bank FSB. These evaluations are based on on-site examinations by OCC-trained staff. On-site examinations are done every other year.

National 309
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Tennessee bank to pay $1.9M in redlining case

American Banker

As part of a settlement with the Justice Department, Patriot Bank must invest more than $1 million of the total in a loan subsidy fund for minority homeowners and take other corrective steps in its everyday business. The bank denied any wrongdoing.

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Rebeca Romero Rainey: Community bankers take the high road

Independent Banker

I’ll also be speaking at the Tennessee Bankers Association convention. We cannot afford to repeat the mistakes that contributed to the 2008 financial catastrophe, which community bankers remember all too well. I’ll be traveling to Memphis to visit Vining Sparks and CRA Partners. Rebeca Romero Rainey President and CEO, ICBA.