Executives with Paragon National Bank laid out for shareholders this week a set of strategic objectives for 2013 that included making continued progress toward wringing problem assets out of the bank and improving the bank’s earnings power.

2. Briglia Joins Archer-Malmo as Web/Broadcast Artist - Wednesday, May 01, 2013

Kristen Briglia has joined archer-malmo as web/broadcast turbo artist. In her new role, Briglia will produce web graphics, HTML and video-editing services for the growing digital and broadcast departments, and will also help on print projects as needed.

3. Magna Bank Makes Several Appointments - Saturday, April 20, 2013

Magna Bank has named Frazer Gieselmann as senior vice president and manager of construction lending.

As manager of construction lending, he will lead the bank in providing construction loans to individuals and builders.

4. Magna Bank Makes Several Appointments - Wednesday, April 17, 2013

Magna Bank has named Frazer Gieselmann as senior vice president and manager of construction lending.

As manager of construction lending, he will lead the bank in providing construction loans to individuals and builders.

5. Boyle Celebrates 80 Years, Sponsors Art Exhibit - Monday, March 18, 2013

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

6. Evolve Bank Opening Branch in Marion - Saturday, February 16, 2013

Evolve Bank & Trust is opening a full-service branch in Marion, Ark., in March.

Evolve bought and is currently renovating a 7,000-square-foot SunTrust Banks Inc. building in Marion, and once completed it will be Evolve’s fifth branch in eastern Arkansas. It currently operates branches in Arkansas and Tennessee and mortgage production offices around the U.S.

7. Evolve Bank Opening Branch in Marion - Tuesday, February 12, 2013

Evolve Bank & Trust is opening a full-service branch in Marion, Ark., in March.

Evolve bought and is currently renovating a 7,000-square-foot SunTrust Banks Inc. building in Marion, and once completed it will be Evolve’s fifth branch in eastern Arkansas.

8. Events - Tuesday, February 12, 2013

National Association of Women Business Owners Memphis will meet Tuesday, Feb. 12, from 11:30 a.m. to 12:45 p.m. at Chickasaw Country Club, 3935 Galloway Ave. City, county and state government representatives will discuss opportunities to gain government business. Cost is $25 for members, $30 for nonmembers and $35 at the door. Visit bit.ly/122SiTT to register.

9. Events - Monday, February 11, 2013

VA Medical Center Women’s Veterans Program and Cardiology Clinic will hold its Red Dress Fashion Show and heart health program Monday, Feb. 11, at 11 a.m. at the medical center theater, 1030 Jefferson Ave. Constance Adcock, coordinator of WomenHeart Memphis, will speak. Visit memphis.va.gov.

10. Memphis Investment Firm Expands Into Nashville - Saturday, February 09, 2013

Memphis-based investment firm Duncan-Williams Inc. has continued its national expansion with the opening of a Nashville office.

11. Memphis Investment Firm Expands Into Nashville - Friday, February 08, 2013

Memphis-based investment firm Duncan-Williams Inc. has continued expansion with the opening of a Nashville office. As part of the expansion, H. Denny Taylor Jr. has joined Duncan-Williams in Nashville as a managing director and will serve as co-head of mergers, acquisitions and capital raising.

12. Lender Processing Paying $121 Million to Resolve Claims - Friday, February 01, 2013

One of the biggest U.S. mortgage processing companies has agreed to pay $121 million to resolve states' claims that it wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

13. Pinnacle Departure Brings Real Estate Challenge - Wednesday, January 30, 2013

Pinnacle Airlines Corp.’s relocation of its Memphis headquarters to Minneapolis by May should have long-term leasing effects on the Downtown office market.

14. SunTrust Banks Posts Jump in Fourth-Quarter Net Income - Monday, January 21, 2013

SunTrust Banks Inc. said Friday that its fourth-quarter net income soared, helped by mortgage-related and investment banking income.

The Atlanta-based regional bank earned $350 million, or 65 cents per share, for the last three months of 2012, up from $71 million, or 13 cents per share, in the same quarter a year ago.

15. Crowne Plaza Hotel Sells Out of Foreclosure - Tuesday, January 08, 2013

300 N. Second St. Memphis, TN 38103

Sale Amount: $9.4 million

Sale Date: Dec. 28, 2012

16. Banks to Pay $8.5 Billion for Foreclosure Abuse - Tuesday, January 08, 2013

WASHINGTON (AP) – Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

17. Owner of Winchester Lit Files $1.1 Million Loan - Monday, January 07, 2013

The partnership related to the Lit Refrigeration Co. restaurant supply stores has filed a $1.1 million loan on the Lit Jr. store at 1665 Winchester Road in Whitehaven.

18. Trio of New Branch Managers Chosen at Bank of Bartlett - Tuesday, October 30, 2012

Bank of Bartlett has chosen three new bank branch managers.

They are Timothy Nick Hobbs, Tim Martin and John Paul Kavin.

19. Third-Quarter Earnings Vary Widely - Monday, October 29, 2012

Third-quarter earnings season is wrapping up, and the results have been all over the map for banks and financial institutions with ties to Memphis.

One common thread: many are still making money – an increase in profits, in fact. But the low interest rate environment is eating into how much some of them are able to achieve.

20. SunTrust Banks Falls as Third Quarter Expenses Climb - Wednesday, October 24, 2012

NEW YORK (AP) — Shares of SunTrust Banks continued to fall on Tuesday, after the regional bank posted higher third-quarter expenses amid low interest rates.

THE SPARK: SunTrust Banks Inc. reported Monday that its third-quarter earnings climbed sharply, but the gain was mainly because it sold shares it owned in The Coca-Cola Co. Its performance beat the expectations of analysts polled by FactSet.

21. Stocks Recoup Losses in Late Rally on Wall Street - Tuesday, October 23, 2012

NEW YORK (AP) — A late buying spree erased early losses on Wall Street, leaving indexes with modest gains at the close of trading.

The Dow Jones industrial average came back from a 108-point deficit to end the day up two points at 13,346 on Monday.

22. SunTrust Earnings Rise Sharply - Tuesday, October 23, 2012

SunTrust Banks Inc. on Monday posted sharply higher third-quarter earnings, largely due to the regional bank’s sale of shares it owns in The Coca-Cola Co.

23. Fieldstone Apartments Files $9 Million Loan - Tuesday, October 02, 2012

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has filed a nearly $9 million loan through SunTrust Banks Inc. for land that will become a new apartment phase.

24. Return on Investment - Monday, September 24, 2012

Most people already know some of the basic elements of the banking business. From the large national lenders with a Memphis presence to the community banks in the suburbs, one common element is they make money by charging borrowers more than the bank pays in interest to depositors.

25. SunTrust Q2 Profit Rises 55 Pct. on Interest, Fees - Monday, July 23, 2012

ATLANTA (AP) — SunTrust Banks Inc.'s net income shot up 55 percent in the second quarter, as it collected more interest on loans and fees and wrote off far fewer unpaid loans.

26. First Horizon Likely to Post Negative Q2 - Monday, July 09, 2012

The Memphis-based parent company of First Tennessee Bank is likely to break a string of profitable quarters when the company makes its second-quarter earnings presentation in a few weeks.

27. SunTrust's New Appointee Will Not Join Company - Tuesday, July 03, 2012

ATLANTA (AP) – SunTrust Banks Inc. announced Monday that David Stevens will not join the company's mortgage business as previously announced.

28. Cortview Capital Expands Memphis Team - Monday, May 14, 2012

Brad Bodine, who heads the credit products group for Cortview Capital Securities LLC, says growth in Memphis “is an important strategy” for the firm, which has been on a hiring streak around the country lately.

29. SunTrust Earns $245M in Q1 on Loans; Beats Street - Tuesday, April 24, 2012

SunTrust Banks Inc. gave out more mortgage loans to its customers and commercial loans to businesses in the first three months of the year, which boosted earnings at the bank to $245 million, compared to $38 million in the same period last year.

30. Construction Loan Filed To Develop Lamar Crossing - Tuesday, March 20, 2012

2881 Lamar Ave.
Memphis, TN 38114

Loan Amount: $5.4 million

Loan Date: March 1, 2012

31. Orpheum Theatre Names New Board Members - Friday, March 16, 2012

The Orpheum Theatre and its parent organization, the Memphis Development Foundation, has announced 10 members joining the Orpheum board of directors. The new members are: Chuck Treadway, Thomas & Betts president and chief operating officer; Don Young, Smith and Nephew senior vice president, corporate sustainability; Andy Taylor, Gerber/Taylor Capital Advisors Inc. partner; Gary Smith, Apperson Crump PLC attorney; Alan Mullen, Crew Training International president; Scott Hennessy, True Temper Sports Inc. president; Keri Gage, SunTrust private wealth management/senior vice president; Robert Cox, Glassman, Edwards, Wyatt, Tuttle & Cox PC attorney; Bo Allen, First Tennessee executive vice president; and Sara Adams, community volunteer.

32. Berclair Downtown Animal Hospital Sells - Thursday, March 15, 2012

Berclair Downtown Animal Hospital LLC has paid $940,367 for the Downtown clinic of the same name, 668-674 S. Main St.

33. Triumph Bank’s Mantra: Say ‘Yes’ to Customer - Monday, February 27, 2012

Entrepreneurs get in the game for many different reasons. They do it to make money, certainly, and to maintain a degree of control over that money and their professional lives.

For many, though, there is an urge to participate within and for a community they understand, live and work in. These are the reasons Triumph Bank was founded, and why their board, 15-strong, is made up, not of bankers per se, but of entrepreneurs.

34. Garrett Finds Banking Home at Metropolitan - Monday, February 27, 2012

Do something that makes you happy, and if it’s banking, always deliver on your promises. That sums up the professional philosophy of Maria Garrett, a recent hire at Metropolitan Bank who brought 12 years of industry experience to her new job as a senior managing director.

35. Grinding it Out - Monday, February 06, 2012

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

36. Shelby Co. Mortgages Fall 8 Pct. - Monday, January 16, 2012

It’s still very much a buyer’s market for prospective homebuyers in Shelby County – there’s just not enough of those buyers.

Banks and mortgage lenders made 6,866 purchase mortgages in Shelby County during 2011. That total for the year was down 8 percent from the 7,491 mortgages during 2010, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. (Data for this report included purchase mortgages only, not refinances.)

37. Key Storylines Emerge in 2011 Banking - Monday, December 26, 2011

Much of the news that came out of the local banking and financial services sectors in 2011 fell into one of three buckets.

No new fees, please.

Smaller names are doing bigger business.

And, two heads are better than one.

38. Valero Awarded 15-Year Tax Freeze - Friday, December 23, 2011

A local economic development agency granted a 15-year tax freeze to Valero Energy Corp. in return for the company spending more than $298 million in planned investments and upgrades at the Memphis refinery.

39. Valero Wins 15-Year Tax Freeze - Thursday, December 22, 2011

A local economic development agency granted a 15-year tax freeze to Valero Energy Corp. in return for the company spending more than $298 million in planned investments and upgrades at the Memphis refinery.

40. IDB Electrolux Committee to Meet Thursday - Monday, December 19, 2011

The Memphis-Shelby County Industrial Development Board will hold an Electrolux committee meeting Thursday, Dec. 22.

The meeting will be at 7:30 a.m. in the SunTrust Bank building, 999 Shady Grove Road, suite 208.

41. Metropolitan Expands Into Nashville - Monday, December 19, 2011

Metropolitan Bank has solidified its long-planned foray into Nashville with the announcement of its first office location in the city and the hiring of a senior managing director for the Nashville area.

42. E.W. Scripps Borrows $300M to Finance TV Group Purchase - Thursday, December 15, 2011

The E.W. Scripps Co., owner of the Memphis Commercial Appeal and the Knoxville News Sentinel, said Tuesday it has entered into a new $300 million revolving credit and term loan agreement with SunTrust Bank.

43. Pizza Eatery Expands Into Southaven - Friday, December 02, 2011

A husband and wife team from Hernando is expanding its pizzeria business into Southaven.

David J. and Melissa A. Pippin, owners of Three Guys Pizza Pies, have signed a 3,050-square-foot lease in the Shops of DeSoto Center, 1046 Church Road.

44. Heart of Memphis - Monday, November 14, 2011

The day before Tennessee Gov. Bill Haslam was the keynote speaker this summer at the Downtown Memphis Commission’s 2011 Annual Luncheon, he went for a jog in Nashville wearing his “Believe Memphis” Grizzlies T-shirt.

45. Lightman Entity Buys Sanderlin Centre - Tuesday, November 08, 2011

5101 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $5.3 million

Sale Date: Nov. 1, 2011

46. Banks Scramble to Make Up for Lost Debit Card Fees - Monday, November 07, 2011

NEW YORK (AP) – After an intense public backlash, Bank of America and other banks have backed off charging monthly debit card fees.

It's a victory for angry customers and consumer advocates. But the move will be costly for banks. They are scrambling for ideas on how to make up for lost revenue at a time when interest rates are at rock bottom and there's little demand for loans, the traditional source of making profits for banks.

47. Sanderlin Centre Sells for $5.3M to Lightman Entity - Monday, November 07, 2011

An entity composed of Michael A. Lightman Sr. and family members has bought Sanderlin Centre retail property at 5101 Sanderlin Ave. for $5.3 million.

48. Lightman Entity Buys Sanderlin Centre for $5.3M - Friday, November 04, 2011

An entity composed of Michael A. Lightman Sr. and family members has bought Sanderlin Centre retail property at 5101 Sanderlin Ave. for $5.3 million.

49. MasterCard Q3 Profit Up 38 Pct as Card Use Rises - Thursday, November 03, 2011

NEW YORK (AP) – MasterCard Inc. said Wednesday its third-quarter profit soared 38 percent on a big spike in card use around the world.

50. First Tennessee Bank Eliminates Debit Fees - Wednesday, November 02, 2011

Memphis-based First Tennessee Bank is the latest bank to back off new debit card fees.

First Tennessee joins Bank of America, SunTrust Banks Inc., Regions Financial and others that within the last few days all have dropped plans to implement unpopular new fees for debit card users.

51. SunTrust to Reverse $5 Monthly Debit Fee - Tuesday, November 01, 2011

SunTrust Banks Inc. says it will stop charging a $5-per-month fee for using debit cards and return the fees it’s collected since June to its customers.

52. Bartlett Storage Facility Sells for $3 Million - Tuesday, November 01, 2011

Olive Branch-based Memphis Storage VI LP has bought a self-storage facility at 8036 U.S. 70 from James C. Hise Jr. and Brenda L. Hise for $3 million. The transaction closed Oct. 25. It was financed by a $2.2 million loan through SunTrust Bank that was filed the same day and matures in November 2016.

53. Lawmakers Seek Probe on Banks' New Debit Card Fees - Friday, October 14, 2011

WASHINGTON (AP) – Democratic lawmakers are asking the Justice Department to investigate whether Bank of America and other major banks improperly worked together to charge customers new monthly fees for using their debit cards.

54. Two Tenants Join Ridgeway Center - Monday, October 10, 2011

Boyle Investment Co. has inked a pair of new office leases at 999 S. Shady Grove Road in Ridgeway Center, building on its longevity with two local companies.

55. Community Banks Resist Fees For Debit Cards - Monday, October 10, 2011

Community banks have always possessed a certain charm among American financial institutions, one embodied by personal touches, friendly service and fewer headaches and hassles than their bigger brethren.

56. Boyle Adds 2 Tenants to Ridgeway Center - Friday, October 07, 2011

Boyle Investment Co. has inked a pair of new office leases at 999 S. Shady Grove Road in Ridgeway Center, building on its longevity with two local companies.

57. First Tennessee Joins Debit Card Fee Trend - Wednesday, October 05, 2011

When officials with the parent company of First Tennessee Bank walked through the company’s second quarter earnings in July for analysts, they noted that the implementation of stricter rules governing debit card fees would mean an annual $15 million to $20 million hit to the company’s revenue.

58. Bank of America to Charge $5 Debit Card Fee - Friday, September 30, 2011

NEW YORK (AP) – Bank of America plans to start charging customers a $5 monthly fee for using their debit card to make purchases. The fee will be rolled out starting early next year.

A number of banks have already either rolled out or are testing such fees. But Bank of America's announcement carries added weight because it is the largest U.S. bank by deposits.

59. Obsidian PR Preps For South Main Move - Friday, September 16, 2011

Obsidian Public Relations is relocating less than a mile from its current office, in efforts to establish a presence in the South Main Historic Arts District by having its own creative space that will allow plenty of room for growth.

60. Brentwood Place Apartments Sells for $8.5 Million - Tuesday, August 30, 2011

1835 Sycamore View Road
Memphis, TN 38135
Sale Amount: $8.5 million

61. Tower Revival - Thursday, August 25, 2011

The reversal of fortune for the Downtown tower at the intersection of Main Street and Monroe Avenue, until recently plagued by falling occupancy and an uncertain future, was set in motion in a private meeting one year ago this month.

62. Collierville Entity Buys 14.6 Acres on Byhalia Rd. - Wednesday, August 24, 2011

Halle Acquisition Fund has bought vacant land in Collierville from ECG Wolf River for $1.1 million.

No loan documents were filed with the Shelby County Register of Deeds at the time of sale.

63. EDGE Board Holds Inaugural Meeting - Friday, August 19, 2011

The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.

“The president is selected by both mayors – this seems cumbersome,” former Shelby County Commissioner and EDGE director Deidre Malone said at the organization’s inaugural meeting at City Hall. “Having worked in the private sector and for an organization with a similar structure, I think it’s very interesting.”

64. New Economic Development Board Gets Started - Thursday, August 18, 2011

The new Economic Development Growth Engine approved its existence Wednesday, Aug. 17, while also addressing some confusing technicalities.

“The president is selected by both mayors – this seems cumbersome,” former Shelby County Commissioner and EDGE director Deidre Malone said at the organization’s inaugural meeting at City Hall. “Having worked in the private sector and for an organization with a similar structure, I think it’s very interesting.”

65. $20M in Improvements on Tap for One Commerce - Thursday, August 11, 2011

Plans for $20 million worth of tenant improvements are coming right along at One Commerce Square.

Commercial Advisors LLC held a tenant meeting and appreciation lunch Thursday, Aug. 11 in the historic bank lobby, 40 S. Main St. The event was led by Gary Prosterman, president and CEO of Development Services Group and one of the partners in Memphis Commerce Square Partners LLC, the new ownership group of One Commerce.

66. Shelby Dr. Industrial Site Sells for $1.2M in Foreclosure - Wednesday, August 03, 2011

Regions Bank bought a manufacturing property at 5295 E. Shelby Drive at a foreclosure sale July 25. The original borrowers were William Glenn Hatchett and Julie Day Hatchett.

67. Bills to Chair State’s Housing Dev. Agency - Wednesday, July 27, 2011

Tennessee Gov. Bill Haslam has appointed Knoxville mortgage executive Brian Bills to be chairman of the Tennessee Housing Development Agency.

68. New Owners Take Over at Hi-Speed Industrial - Wednesday, July 27, 2011

Hi-Speed Industrial Service, a company that sells and repairs hoists, overhead cranes and electric motors in Millington and Little Rock, has new ownership.

Mark A. Burke and Benjamin J. Buffington recently bought the company, founded in 1946. Burke serves as CEO. Buffington is chairman of the board and majority owner.

69. SunTrust Returns to Profit in Q2 as Loans Improve - Monday, July 25, 2011

SunTrust Banks Inc. said Friday that it returned to a profit in the second quarter as its loan portfolio improved and it set aside less money to cover charge-offs.

70. Morgan Keegan Speculation Begins - Monday, June 27, 2011

More than one analyst is predicting Morgan Keegan & Co. Inc. could fetch a minimum of $700 million if its parent company, Regions Financial Corp., follows through on an anticipated sale of the Memphis-based investment firm.

71. From The TDN Blog: First Horizon ‘Needs to Do a Deal’ - Friday, June 17, 2011

If a tree falls in the forest but no one hears it, of course we know it made a sound. Can the same be said when a group of investors and analysts gathered for a bank industry conference talk among themselves about how a certain Memphis banking company needs to hurry up and spend some money acquiring a competitor, even when that bank isn’t presenting anything at the conference?

72. Soulsville Charter School Files $10M Loan for New Bldg. - Tuesday, June 14, 2011

1115 College St.
Memphis, TN 38106
Loan Amount: $10 million

Loan Date: May 20, 2011
Maturity Date: May 5, 2018
Borrower: The Soulsville Charter School LLC
Lender: SunTrust Community Development Enterprises LLC
Details: The Soulsville Charter School LLC has filed a $10 million construction leasehold loan through SunTrust Community Development Enterprises LLC. The loan will fund construction of a new school building – announced last year – on a 2.1-acre parcel and a 1.9-acre parking easement owned by The Soulsville Foundation Inc.

73. $10M Construction Loan Filed for Soulsville School - Monday, June 13, 2011

The Soulsville Charter School LLC has filed a $10 million construction leasehold loan through SunTrust Community Development Enterprises LLC. The loan will fund construction of a school building – announced last year – on a 2.1-acre parcel and a 1.9-acre parking easement owned by The Soulsville Foundation Inc.

74. Ambulance Co. Signs New Lease, Ups Space - Friday, May 20, 2011

A Nashville-based health care company is expanding its Memphis presence. First Call Ambulance Services LLC has signed a three-year, 13,500-square-foot lease at 5155 Wilfong Road, more than doubling its existing space on Federal Avenue.

75. SunTrust Adds CSI Capital to Wealth Management Biz - Thursday, May 12, 2011

ATLANTA (AP) – SunTrust Banks Inc. has acquired the assets of CSI Capital Management, a money management firm whose roster of wealthy clients includes high-profile athletes. Terms of the deal were not disclosed.

76. Special Coverage: Mid-South Flooding - Wednesday, May 04, 2011

Coverage of the rising waters in the Memphis area

River Forecast to Crest at 48 Feet

County Emergency Preparedness officials said Monday afternoon they still expect the Mississippi River to crest on May 11.

77. SunTrust Elevates Treasurer to CFO Post - Wednesday, April 27, 2011

ATLANTA (AP) – SunTrust Banks Inc. said Monday it has elevated Aleem Gillani from corporate treasurer to chief financial officer.

78. Evolve Bank Gets New Board Member - Wednesday, April 27, 2011

Memphis native John Pitts Jr. has joined the board of directors of Evolve Bank & Trust.

Pitts brings vast experience to the bank, having begun his career in commercial real estate in 1989 as a sales executive for Ladd’s Commercial Real Estate Investors. He then went into the same role at First Union Properties.

79. SunTrust Swings to Profit in Q1, Names New CEO - Monday, April 25, 2011

ATLANTA (AP) – SunTrust Banks Inc. said Thursday it returned to a profit in the first quarter as it was able to set aside less money to cover bad loans.

80. Nominees Selected for EDGE Board - Friday, April 15, 2011

Several nominees have emerged for Economic Development Growth Engine, the new economic development board created to guide the city and county’s efforts.

Shelby County Mayor Mark Luttrell and Memphis Mayor AC Wharton Jr. will seek approval to appoint the following:

81. Gov't Orders Lenders to Reimburse Homeowners - Thursday, April 14, 2011

WASHINGTON (AP) — The U.S. government on Wednesday ordered 16 of America's largest mortgage lenders and servicers to reimburse homeowners who were improperly foreclosed upon.

Government regulators also directed the financial firms to hire auditors to determine how many homeowners could have avoided foreclosure in 2009 and 2010.

82. IBERIABANK Makes Several Local Hires - Tuesday, April 05, 2011

IBERIABANK has been on a hiring spree in Memphis.

The bank has made a handful of local hires within the past several months. They include Luke Yancy, formerly with SunTrust, who will be a relationship manager in IBERIABANK’s commercial group.

83. SunTrust Repays Nearly $5B in TARP Aid to Treasury - Friday, April 01, 2011

ATLANTA (AP) – SunTrust Banks Inc. said Wednesday that it completed the repayment of $4.85 billion in TARP funds from the government's financial system rescue program.

84. In Blow for BofA, Fed Rejects its Dividend Plan - Thursday, March 24, 2011

NEW YORK (AP) – It was one more blow for Bank of America: the Federal Reserve didn't allow nation's largest bank to increase its dividends.

The decision by the Fed makes Bank of America Corp. the only one of the four largest U.S. banks that wasn't able to raise its dividend, something shareholders have been clamoring for.

85. SunTrust Banks Names New CEO for Mortgage Group - Wednesday, March 23, 2011

ATLANTA (AP) – SunTrust Banks Inc. said Tuesday it has named Jerome Lienhard as president and CEO of its mortgage division, SunTrust Mortgage Inc.

86. SunTrust Celebrates Women’s History Month - Wednesday, March 23, 2011

SunTrust Bank Memphis is celebrating Women’s History Month with a women’s career and leadership seminar event March 29 from 4:30 p.m. to 6 p.m. in Blount Auditorium at Rhodes College.

87. SunTrust Plans Stock Offering - Tuesday, March 22, 2011

SunTrust Banks Inc. has begun a roughly $1 billion common stock offering as a step in the company’s planned repurchase of its preferred shares of stock issued to the U.S. Treasury as part of the Troubled Asset Relief Capital Purchase Program.

88. Strategic Move - Thursday, March 17, 2011

Johnny Moore, the president and CEO of SunTrust Banks’ Memphis division who’s nearing the end of his second year in the role, has been talking for a while about growing the bank’s branch network in the area.

89. Most Memphis Banks Report Profitable Year - Tuesday, March 08, 2011

The Memphis banking market had a strong 2010, with 75 percent of the roughly two dozen banks headquartered here showing a profit for the year, according to data from the Federal Reserve Bank of St. Louis.

90. Independent Bank Eyes Space in One Commerce - Monday, March 07, 2011

A bank logo may soon be returning to One Commerce Square.

Multiple sources confirmed Independent Bank is in the final stages of negotiating a deal to put a bank branch – and possibly additional office space – in the landmark Downtown tower, where for years the top of the building was adorned with the logo for National Bank of Commerce and later SunTrust Banks Inc.

91. ‘Big 3’ Reflect Local Banking Scene - Monday, February 21, 2011

One of the most famous aphorisms about politics is that all of it is local. Bankers and other inhabitants of the finance world know the same often goes for them too.

In the run-up to the recession, financial services firms like Citigroup and Bank of America raced to gobble each other up and built sprawling financial supermarkets.

92. SunTrust Bank: 2 Board Members to Retire This Year - Tuesday, February 15, 2011

ATLANTA (AP) – SunTrust Banks Inc. announced Friday the retirement of two board and the nomination of one other.

93. Wolf River Blvd. Land Sells in Lieu of Foreclosure - Tuesday, February 08, 2011

Two parcels on Wolf River Boulevard
Sale Amount: $1.7 million

Sale Date: Dec. 28, 2010
Buyer: SunTrust Bank
Seller: Wolfby GP

94. Wolf River Blvd. Property Sold in Lieu of Foreclosure - Wednesday, February 02, 2011

Wolfby GP has sold two commercial areas on Wolf River Boulevard for $1.7 million in lieu of foreclosure, according to a filing with the Shelby County Register of Deeds. The parcels are 15.5 acres and 18.9 acres, according to the filing, and are on the west side of Wolf River Boulevard north and south of Byhalia Road. The Shelby County Register of Deeds’ combined 2010 appraisal was $3.8 million.

95. SunTrust Shares Gain on Strong 4Q Results - Monday, January 24, 2011

NEW YORK (AP) – Shares of SunTrust Banks Inc. advanced Friday after the Southern regional bank handily beat Wall Street expectations with its second consecutive quarterly profit.

96. Anthony Siracusa Joins Rhodes College - Wednesday, January 12, 2011

Anthony C. Siracusa has been hired as Community Service Coordinator in the Bonner Center for Faith and Service at Rhodes College.

Hometown: Memphis
Education: Bachelor of Arts degree, cum laude, in history, Rhodes College, 2009.
What was attractive about working at Rhodes? I was compelled by the Rhodes Vision of graduating students with the ability to translate academic study and personal concern into effective leadership and action in their communities and the world. In the words of former Bonner Foundation President Wayne Meisel, I’m passionate about Rhodes’ interest in moving from a world where we work to feed the poor to a world where soup kitchens are not necessary because we’ve defeated hunger.
What do you hope to accomplish as community service coordinator? Through the Kinney Program (the college’s campus-wide service-based learning umbrella), I hope to unite students working on a similar issue (e.g., hunger and homelessness or hospitals and health care) for regular meetings and the development of an issue-based action plan to guide current and future community engagement efforts. My hope is that Rhodes students graduate with a deep connection to the Memphis community.
What do you consider your greatest professional accomplishments? When I founded Revolutions Community Bicycle Shop in June of 2002, I never thought there would be a day when I worked in the shop and people would introduce themselves and say, “Hi, I’m so and so. Who are you?” To me, Revolutions now stands as a Memphis institution outside of any direct connection to me.
What do you most enjoy about your work? I enjoy wrangling with the issues. I enjoy debating the merits of particular courses of action or root causes for the problems that surround us, and I feel fortunate to have the chance to listen to brilliant insight from the people I meet every day. I love building community with people through meaningful work, and I enjoy being with people who hope to move our city and this world from potential to reality.

97. Growth on Tap at BankTennessee - Wednesday, January 12, 2011

At least one local bank is turning the page on 2010 – a year when the Shelby County housing market saw a drop in purchase mortgage activity – by growing its mortgage department.

Collierville-based BankTennessee has added a new mortgage underwriter and mortgage loan officer, moves the bank’s president and CEO Jim Rout said are part of a strategy to grow all areas of the bank and continue extending its reach into its Middle and West Tennessee markets.

98. Mortgages Drop 11 Percent in 2010 - Tuesday, January 11, 2011

Banks and mortgage lenders made 7,493 purchase mortgages in Shelby County during 2010, a year in which the housing market saw the expiration of a homebuyer tax credit but was helped by continued record-low rates.

99. Regions Praised for Service, Client Experience - Monday, January 10, 2011

Bank customers are apparently more likely to get service with a smile when they step into a Regions Bank branch as opposed to any other large U.S. financial institution.

100. Local Banks Participated in Fed Program - Monday, December 06, 2010

When the Federal Reserve recently released the details of about 21,000 transactions involving multiple emergency lending facilities created by the central bank during the financial crisis, several local names showed up among the lists.