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On October 30, 2009, Park National Bank was taken over by the Federal Deposit Insurance Corporation and the bank's assets were sold to U.S. Bancorp. [8] In December 2010, a local investment group known as Memphis Commerce Square Partners purchased the building from U.S. Bancorp. Management is by Cushman & Wakefield. [9]
CapStar Bank is a bank based in Nashville, Tennessee, United States. [2] Founded in 2008, it offers a full range of commercial and consumer financial products and services. [ 2 ]
The merged bank retained First National's name and charter, but was led by Central-State's management team. [3] In 1942, the bank opened its first suburban branch and by 1952, First National had seven offices. In 1961, a 25-story tower was announced. As of 1967, First National was the largest bank in the Mid-South.
In the second quarter of 2024, there were 3,985 commercial banks and 554 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.9 trillion in assets.
Eastman Credit Union (ECU) is a credit union headquartered in Kingsport, Tennessee, that is insured by the National Credit Union Administration.It was founded in 1934, originally to serve employees of the Tennessee Eastman Chemical Company.
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The bank was named by TN Biz Magazine as one of Tennessee's 100 hottest companies. [4] Stuard and the Bank's approach to community banking has garnered national attention, especially during the turbulence in the national banking industry in 2007 and 2008. [5] Stuard and National Economic Council Chairman Designate Lawrence Summers
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