Congressman David Kustoff & Commissioner Greg Gonzales Speak at BankTennessee; Carthage branch set to open in August

July 30, 2019

The newest branch of BankTennessee, located on Upper Ferry Road in Carthage, is set to open in August 2019.

Last month, United States Congressman David Kustoff and Tennessee Department of Financial Institutions Commissioner Greg Gonzales spoke at the BankTennessee Leadership Forum. Read the press release below to learn more.

L to R: Alex Richmond, BankTennessee director; Jim Rout, BankTennessee president and CEO; Congressman David Kustoff; Tom Paschal, Middle Tennessee chairman; Randy Lankford, BankTennessee director; Larry Wilkerson, BankTennessee director; Commissioner Greg Gonzales; and, Wright Cox, BankTennessee Collierville community president

COLLIERVILLE, Tenn., July 19, 2019 – United States Congressman David Kustoff and Tennessee Department of Financial Institutions Commissioner Greg Gonzales were the guest speakers at the BankTennessee Leadership Forum on June 7. Providing a federal and state perspective on the financial industry, they spoke to area business leaders, customers, and BankTennessee directors and staff.

Jim Rout, president and CEO of the bank, said, “It was a privilege to host Congressman Kustoff and Mr. Gonzales at the bank. We appreciate their outstanding leadership and dedicated service to our local community, state and the nation.”

“Commissioner Gonzales, who has served under 3 governors, has shown an understanding of the unique needs of community banks as well as larger regional banks and large national banks. In addition to serving Tennessee banks, he also serves in leadership positions on national banking committees,” Rout commented.

Prior to his election to the United States Congress in 2016, Kustoff served on the BankTennessee board of directors. Rout added, “As a result of his tenure of leadership at BankTennessee, Kustoff said that he gained first-hand knowledge of the regulatory burden generated by Dodd-Frank as a result of his service to our bank and that it gave him the reason to serve on the Financial Services Committee.”

About BankTennessee

“We take banking personally and are committed to providing a personal level of service where our customers matter. It’s a philosophy that has worked for us since our bank was founded in Memphis in 1934, more than 80 years ago. We attribute our success to our personnel and local communities we support,” said Rout, chief executive officer and president of the bank.

Headquartered in Collierville, Tennessee, BankTennessee has 8 retail banking offices located in Collierville, East and Downtown Memphis, Germantown, Ripley, Munford, and Lebanon in Middle Tennessee. A new branch in Carthage, Tennessee is expected to open in August.

As of June 30, 2019, BankTennessee had $309,482,184 in assets. The bank offers a full range of financial products and services including personal and business checking accounts, mobile banking, online banking, mortgages, home equity lines of credit, custom construction loans, commercial and consumer loans, treasury management, remote capture and merchant card services. For more information, visit www.banktennessee.com.

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