Reliant Bancorp

Mike McKeown Joins Inova Payroll as New CFO

Retrieved on: 
Tuesday, September 20, 2022
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NASHVILLE, Tenn., Sept. 20, 2022 /PRNewswire/ -- Inova Payroll, a national payroll and human resource solutions provider, has announced that Mike McKeown has joined the company as its new Chief Financial Officer (CFO), reporting to Founder and CEO Farsheed Ferdowsi. As CFO, McKeown is responsible for providing leadership and managerial direction for a broad range of accounting, finance and investment activities of the company. 

Key Points: 
  • NASHVILLE, Tenn., Sept. 20, 2022 /PRNewswire/ -- Inova Payroll , a national payroll and human resource solutions provider, has announced that Mike McKeown has joined the company as its new Chief Financial Officer (CFO), reporting to Founder and CEO Farsheed Ferdowsi.
  • As CFO, McKeown is responsible for providing leadership and managerial direction for a broad range of accounting, finance and investment activities of the company.
  • Prior to joining Inova, McKeown spent 12 years with Reliant Bank, where he held several senior leadership positions, including CFO and Treasurer.
  • Combining a dedication to employer success with innovative service and technology, Inova Payroll provides payroll, HR, and benefits solutions to organizations across the United States.

United Community Bank Ranks #1 in Customer Satisfaction with Consumer Banking in the Southeast, 8 out of 9 Years

Retrieved on: 
Monday, April 11, 2022
People, Reliant Bancorp, Community Bank, Forbes, Heart, SBA, Multimedia, World, J.D. Power, Retail banking, Communication, Small business, Bank, Industry, Technology, United Community Bank, Complaint, Likelihood function, American Banker, Acquisition, Trust, Online gambling, Retail, United

GREENVILLE, S.C., April 11, 2022 /PRNewswire/ -- United Community Bank is proud to announce it once again ranked Highest in Customer Satisfaction with Consumer Banking in the Southeast according to the J.D.

Key Points: 
  • GREENVILLE, S.C., April 11, 2022 /PRNewswire/ -- United Community Bank is proud to announce it once again ranked Highest in Customer Satisfaction with Consumer Banking in the Southeast according to the J.D.
  • Power U.S. Retail Banking Satisfaction Study is the longest-running and most in-depth study of the retail banking industry.
  • We are honored to have the ability to serve our communities," said Lynn Harton, Chairman and Chief Executive Officer of United Community Bank.
  • Power ranked United highest in customer satisfaction with retail banking in the Southeast, marking eight out of the last nine years United earned the coveted award.

United Community Banks, Inc. Announces Date for First Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Thursday, March 31, 2022
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GREENVILLE, S.C., March 31, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its first quarter 2022 financial results on Tuesday, April 19, 2022 after the stock market closes.

Key Points: 
  • GREENVILLE, S.C., March 31, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its first quarter 2022 financial results on Tuesday, April 19, 2022 after the stock market closes.
  • ET on Wednesday, April 20, 2022 to discuss its financial results, business highlights and outlook.
  • United Community Banks, Inc. (NASDAQGS: UCBI) provides a full range of banking, wealth management and mortgage services for relationship-oriented consumers and business owners.
  • Forbes also recognized United on its 2021 list of the 100 Best Banks in America for the eighth consecutive year.

United Community Banks, Inc. Announces Quarterly Cash Dividends on Common and Preferred Stock

Retrieved on: 
Thursday, February 17, 2022
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GREENVILLE, S.C., Feb. 17, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United), reported that its Board of Directors approved a quarterly cash dividend of $0.21 per share on the Companys common stock.

Key Points: 
  • GREENVILLE, S.C., Feb. 17, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United), reported that its Board of Directors approved a quarterly cash dividend of $0.21 per share on the Companys common stock.
  • The Board of Directors also approved a quarterly cash dividend of $429.6875 per share (equivalent to $0.4296875 per depositary share or 1/1000th interest per share) on the Companys 6.875% Non-Cumulative Perpetual Preferred Stock, Series I (NASDAQ: UCBIO).
  • United Community Banks, Inc. (NASDAQGS: UCBI) provides a full range of banking, wealth management and mortgage services for relationship-oriented consumers and business owners.
  • Forbes also recognized United on its 2021 list of the 100 Best Banks in America for the eighth consecutive year.

Nashville’s Crimson Ventures and Cedar Rock Capital Announce Sale of Hilburn Apartments in Florida

Retrieved on: 
Monday, February 14, 2022
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Nashville-based Crimson Ventures and its joint-venture partner Cedar Rock Capital announced that they have successfully exited from ownership of the Hilburn Apartments in Pensacola, Fla. Their partnership was created to acquire and manage multifamily real estate properties throughout the southeastern United States.

Key Points: 
  • Nashville-based Crimson Ventures and its joint-venture partner Cedar Rock Capital announced that they have successfully exited from ownership of the Hilburn Apartments in Pensacola, Fla. Their partnership was created to acquire and manage multifamily real estate properties throughout the southeastern United States.
  • We are excited for this successful exit after our value-add ownership since 2016, Crimson Ventures Managing Partner Rob Walker said.
  • Dave Childers, Founder of Cedar Rock Capital, commented, Our investment of considerable time, effort and capital in driving efficiencies in Hilburn led to the impressive improvements among all operating and financial results.
  • About Cedar Rock Capital: Cedar Rock is an investment company specializing in multifamily investments throughout the southeastern US.

United Community Banks, Inc. Announces Completion of Merger with Reliant Bancorp, Inc. and Reliant Bank

Retrieved on: 
Monday, January 3, 2022
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GREENVILLE, S.C., Jan. 03, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective January 1, 2022, with Reliant Bancorp, Inc. (NASDAQCM: RBNC) (Reliant), including its wholly-owned subsidiary, Reliant Bank, which was merged with and into Uniteds bank subsidiary, United Community Bank, and will now operate under the United brand.

Key Points: 
  • GREENVILLE, S.C., Jan. 03, 2022 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective January 1, 2022, with Reliant Bancorp, Inc. (NASDAQCM: RBNC) (Reliant), including its wholly-owned subsidiary, Reliant Bank, which was merged with and into Uniteds bank subsidiary, United Community Bank, and will now operate under the United brand.
  • As of September 30, 2021, Reliant reported total assets of $3.0 billion, total loans of $2.5 billion, and total deposits of $2.5 billion.
  • Reliant shares our passion for providing a high level of community partnerships and involvement, employee satisfaction, and customer service, said Lynn Harton, Chairman and Chief Executive Officer of United.
  • New risks and uncertainties may emerge from time to time, and it is not possible for United or Reliant to predict their occurrence or how they will affect United or Reliant.

Timothy E. Pettus, Vice Chairman of First Farmers and Merchants Bank, Announces His Retirement

Retrieved on: 
Wednesday, December 1, 2021
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View the full release here: https://www.businesswire.com/news/home/20211201005898/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211201005898/en/
    Timothy E. Pettus will retire as Vice Chairman of First Farmers and Merchants Bank on December 31, 2021, having served First Farmers in leadership positions over the past 19 years.
  • (Photo: Business Wire)
    We are very pleased to recognize the contributions of Tim Pettus to First Farmers and wish him continued success following his retirement, stated T. Randy Stevens, Chairman and Chief Executive Officer of First Farmers.
  • Tim announced his plans to retire at year end as Vice Chairman of the Bank.
  • He will continue to serve as Vice Chairman of the Company and a member of First Farmers Board of Directors until our annual meeting in April 2022 when he will have reached the Companys mandatory retirement age.

SmartBank Scales Presence in Nashville, Tennessee

Retrieved on: 
Monday, November 29, 2021
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All three individuals are based in the Nashville, TN area and will focus on building greater market presence for SmartBank.

Key Points: 
  • All three individuals are based in the Nashville, TN area and will focus on building greater market presence for SmartBank.
  • Rachael Meurrier, formerly with Triumph Bank, will join SmartBank as Senior Vice President and Williamson County Market Executive.
  • SmartFinancial, Inc., based in Knoxville, Tennessee, is the bank holding company for SmartBank.
  • Founded in 2007, SmartBank is a full-service commercial bank, with branches across Tennessee, Alabama and the Florida Panhandle.

Reliant Bancorp, Inc. Declares Cash Dividend of $0.12 Per Share

Retrieved on: 
Tuesday, October 19, 2021
Banking, Professional Services, Finance, Reliant Bancorp, Board of directors, Bank holding company, Board, Bank

Reliant Bancorp, Inc. (Reliant) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share payable on November 12, 2021, to shareholders of record as of the close of business on October 29, 2021.

Key Points: 
  • Reliant Bancorp, Inc. (Reliant) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share payable on November 12, 2021, to shareholders of record as of the close of business on October 29, 2021.
  • This quarters dividend of $0.12 per share represents a 20% increase compared with the same quarter in 2020 and highlights Reliants growth since that time.
  • Reliant Bancorp, Inc. is a Brentwood, Tennessee-based financial holding company which, through its wholly owned subsidiary Reliant Bank, operates banking centers in Tennessee.
  • Reliant Bank is a full-service commercial bank that offers a variety of deposit, lending, and mortgage products and services to business and consumer customers.

Community Trust Bancorp, Inc. Announces CEO Retirement and Succession Plan

Retrieved on: 
Wednesday, July 28, 2021
Banking, Professional services, Finance, Regions of the United States, Banks of the United States, Economy of the United States, Reliant Bancorp, U.S. Bancorp

Community Trust Bancorp, Inc. (NASDAQ: CTBI), parent company of Community Trust Bank, Inc. and Community Trust and Investment Company, with offices in Kentucky, West Virginia, and Tennessee, announces that Jean R. Hale, Chairman, President, and Chief Executive Officer of the Company for the last 23 years will retire effective February 7, 2022.

Key Points: 
  • Community Trust Bancorp, Inc. (NASDAQ: CTBI), parent company of Community Trust Bank, Inc. and Community Trust and Investment Company, with offices in Kentucky, West Virginia, and Tennessee, announces that Jean R. Hale, Chairman, President, and Chief Executive Officer of the Company for the last 23 years will retire effective February 7, 2022.
  • Mr. Gooch has served as President and CEO of the Companys primary subsidiary, Community Trust Bank, Inc., since July 1999 and will continue to serve in that capacity.
  • His leadership of our executive team gives me great confidence that Community Trust will continue its long history of strong financial performance.
  • She became President and CEO of Community Trust Bancorp, Inc. in 1999 and Chairman in 2005.