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Editorial Results (free)

1. First-Quarter Bankruptcies Remain Flat -

Bankruptcies in Shelby County were almost the same in number for the first three months of 2014 as they were for the first quarter of 2013.

There were 3,036 bankruptcies filed in the U.S. Bankruptcy Court for the Western District of Tennessee in the first quarter, a slight increase from the 3,031 filed during the first quarter of 2013, according to The Daily News Online, www.memphisdailynews.com.

2. Yellen Signals More Aggressive Stance Toward Banks -

WASHINGTON (AP) – The Federal Reserve may be about to turn more aggressive in its regulation of the financial system.

Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.

3. First Tennessee Bank Expands to Houston -

Memphis-based First Tennessee Bank has expanded to Houston.

The company has tapped longtime Houston banker Gary Olander to be its Houston market president. He joined First Tennessee March 25 and is building a team of top Houston bankers for First Tennessee.

4. Landmark Community Bank Makes Acquisitions -

Collierville-based Landmark Community Bank has completed acquisitions of Cadence Bank branches in Franklin and Brentwood.

5. Editorial: First Tennessee Bank’s Business Model Endures -

As First Tennessee Bank marks its 150th anniversary, we are reminded of the changes over that span in technology and what our financial institutions have come to offer in the way of services.

6. Landmark Community Bank Makes Acquisitions -

Collierville-based Landmark Community Bank has completed acquisitions of Cadence Bank branches in Franklin and Brentwood.

7. First Tennessee Bank Expands to Houston -

Memphis-based First Tennessee Bank has expanded to Houston.

The company has tapped longtime Houston banker Gary Olander to be its Houston market president. He joined First Tennessee March 25 and is building a team of top Houston bankers for First Tennessee.

8. Quiznos Files for Chapter 11 Bankruptcy Protection -

DENVER (AP) – Denver-based Quiznos has filed for Chapter 11 bankruptcy protection to reduce its debt by more than $400 million after the chain lost ground to competitors.

The toasted sandwich company said Friday that it voluntarily filed to reorganize to implement a pre-packaged restructuring plan.

9. Triumph Bank Meeting To Highlight Banner Year -

Triumph Bank is holding its annual meeting next month in a locale that’s different from the traditional conference room setting where banks tend to make their yearly presentation to shareholders.

10. Court: Exempt Funds Protected in Bankruptcy -

The Supreme Court says a bankruptcy court may not go after property or funds that are legally exempt from creditors.

The justices in a unanimous opinion ruled Tuesday in favor of a California man who declared Chapter 7 bankruptcy. The man claimed $75,000 of the value of his home was covered by California’s homestead exemption and was therefore exempt from the bankruptcy estate.

11. Court: Exempt Funds Protected in Bankruptcy -

The Supreme Court says a bankruptcy court may not go after property or funds that are legally exempt from creditors.

The justices in a unanimous opinion ruled Tuesday in favor of a California man who declared Chapter 7 bankruptcy. The man claimed $75,000 of the value of his home was covered by California’s homestead exemption and was therefore exempt from the bankruptcy estate.

12. Complaint Alleges Deutsche Bank Discrimination -

Deutsche Bank allegedly discriminated against minority neighborhoods in the Memphis area in the way it handled bank-owned properties, according to a complaint filed with the federal government.

13. 2013 Most Profitable Year for Paragon Bank -

Paragon National Bank’s just-released earnings for 2013 show the year was the most profitable in the bank’s nearly nine-year history.

14. RBCC Law Firm Moving to iBank Tower -

The law firm of Rogers, Berry, Chesney & Cannon PLLC, owner of 1713 Kirby Parkway since 2006, recently sold its office building and will relocate to the iBank building on Poplar Avenue in East Memphis.

15. 2013 Most Profitable Year for Paragon Bank -

Paragon National Bank’s just-released earnings for 2013 show the year was the most profitable in the bank’s nearly nine-year history.

16. Bell Joins First State Bank as Commercial Loan Officer -

Jonathan Bell has joined First State Bank as vice president/commercial loan officer. Bell, who has more than 13 years of experience in the banking industry, will provide banking services for businesses in Collierville and the surrounding area.

17. Shelby County Bankruptcy Filings Flat in 2013 -

Bankruptcies in Shelby County stayed below 13,000 in 2013 with a slight increase over 2012 and 2011, as tracked by The Daily News Online, www.memphisdailynews.com.

18. IberiaBank to Buy Teche Federal Bank -

LAFAYETTE, La. (AP) — Lafayette-based IberiaBank Corp. will acquire New Iberia-based Teche Federal Bank under a stock deal valued at $161 million.

19. BancorpSouth Acquires Louisiana Bank -

TUPELO, Miss. (AP) – BancorpSouth has announced an agreement to acquire Monroe, La.-based Ouachita Bancshares Corp. and its main subsidiary, Ouachita Independent Bank.

20. Mid-South Food Bank Files $1.6 Million Loan -

Mid-South Food Bank has filed a $1.6 million on its newly acquired property at 3834 Knight Road in Oakhaven.

21. Triumph Bank Reports Third-Quarter Profit -

Triumph Bank posted a profit of nearly $670,000 for the third quarter, according to new figures from the bank.

22. Out-of-Town Banks Target Memphis for Growth -

More than 40 percent of the customer deposit share in the Memphis-area banking market belongs to institutions that have a presence here but are based outside the area, the latest figures from the Federal Deposit Insurance Corp show.

23. Triumph Bank Reports Third-Quarter Profit -

Triumph Bank posted a profit of nearly $670,000 for the third quarter, according to new figures from the bank.

24. Lew Calls for Tighter Global Bank Oversight -

The world’s biggest economies need to do more to bolster financial rules to avoid a repeat of the disastrous 2008 financial crisis, Treasury Secretary Jacob Lew said Thursday.

Lew said he will use a February meeting in Australia of the Group of 20 major industrial countries to push other nations to overhaul their banking regulations.

25. Mid-South Food Bank Buys Oakhaven Warehouse -

3834 Knight Road
Memphis, TN 38118
Sale Amount: $3.6 million

Sale Date: Nov. 18, 2013
Buyer: The Mid-South Food Bank
Seller: 198-6 Memphis Industrial Portfolio Holdings LLC
Details: Mid-South Food Bank has paid $3.6 million for the 122,496-square-foot warehouse at 3834 Knight Road in Oakhaven.

26. Mid-South Food Bank Buys Oakhaven Warehouse -

Mid-South Food Bank has paid $3.6 million for the 122,496-square-foot warehouse at 3834 Knight Road in Oakhaven.

27. JPMorgan $13 Billion Deal May Not End Bank's Legal Woes -

WASHINGTON (AP) – The $13 billion settlement that JPMorgan Chase agreed to Tuesday is the largest ever between the Justice Department and a corporation. Yet it isn't likely the end of the bank's legal troubles over the risky mortgage securities it sold before the financial crisis.

28. Justice Department Official Admonishes Nation's Bankers -

WASHINGTON (AP) – Admonishing the nation's bankers, the Justice Department's No. 2 official says too many financial institutions have failed in their duty to ensure that their businesses are run cleanly.

29. Paragon National Bank Seeks Food Bank Donations -

Paragon National Bank’s four banking centers will serve as donation points for the Sixth Annual Mid-South Food Bank Student Food Drive.

30. Paragon National Bank Seeks Food Bank Donations -

Paragon National Bank’s four banking centers will serve as donation points for the Sixth Annual Mid-South Food Bank Student Food Drive.

31. Revid Partners With Mid-South Food Bank -

Revid Realty is offering to match food donations to help feed the hungry this Thanksgiving season.

Revid is asking people to donate canned food items this November, and the Revid team will match those donations can-for-can. The campaign is part of the Mid-South Food Bank’s largest food drive of the year, Operation Feed.

32. Trial Starts; Is Detroit Eligible for Bankruptcy? -

DETROIT (AP) — An attorney representing Detroit urged a judge Wednesday to allow the city to fix staggering financial problems through bankruptcy, arguing that without it nearly 65 cents of every tax dollar eventually would be gobbled up by debts and other obligations.

33. Metropolitan Bank Raises $5.5 Million in Capital -

Metropolitan Bank has wrapped up a capital raise of $5.5 million, bringing the total capital raised by the bank since its inception in 2008 to more than $57 million.

34. Shelby County Bankruptcies Rise 3.4 Percent in Third Quarter -

Bankruptcies in Shelby County were up by about 100, or 3.4 percent, in the third quarter of 2013 from the third quarter of 2012, with a continuing consistency among the top three ZIP codes.

A total of 3,280 filings – encompassing Chapter 7, 11 and 13 bankruptcies – were filed in the three-month period ended Sept. 30, according to The Daily News Online, www.memphisdailynews.com. That compares to 3,171 for the same quarter in 2012.

35. Metropolitan Bank Raises $5.5 Million in Capital -

Metropolitan Bank has wrapped up a capital raise of $5.5 million, bringing the total capital raised by the bank since its inception in 2008 to more than $57 million.

36. Metropolitan Bank Raising Capital -

It’s full steam ahead at Metropolitan Bank, which is completing a rights offering as part of a move to raise capital to support the bank’s growth for the next few years, according to Metropolitan founder, president and CEO Curt Gabardi.

37. Complaint Alleges Bank of America Discrimination -

Bank of America allegedly discriminated against minority neighborhoods and property owners in Memphis in the way it handled bank-owned properties, according to an amended complaint filed with the federal government.

38. Complaint: Bank of America Discriminated in Memphis -

Bank of America allegedly discriminated against minority neighborhoods and property owners in Memphis in the way it handled bank-owned properties, according to an amended complaint filed with the federal government.

39. Metropolitan Bank Raising Capital -

It’s full steam ahead at Metropolitan Bank, which is completing a rights offering as part of a move to raise capital to support the bank’s growth for the next few years, according to Metropolitan founder, president and CEO Curt Gabardi.

40. Enoch Joins Team at BankTennessee -

Christy Enoch has joined Collierville-based BankTennessee as a treasury management and deposit operations professional.

41. National Bankers Trust Receives Tax Break for Relocation -

National Bankers Trust Corp. received approval Wednesday for a four-year tax break to create 43 new jobs and invest $6 million in a new corporate headquarters in East Memphis.

42. National Bankers Trust Receives Tax Break for Relocation -

National Bankers Trust Corp. received approval Wednesday for a four-year tax break to create 43 new jobs and invest $6 million in a new corporate headquarters in East Memphis.

43. Beale Street Future Returns to Bankruptcy Court -

The future path of Beale Street development is back in federal bankruptcy court after a plan that would both lease Handy Park and pay off a $600,000 loan for park improvements was scrapped Tuesday, Sept. 17, by Memphis Mayor A C Wharton Jr.

44. National Bankers Trust Seeks to Move Headquarters -

National Bankers Trust Corp. is seeking a four-year tax break to create 43 new jobs and invest $6 million in a new corporate headquarters in East Memphis.

45. Arvest Intends Offer for Metropolitan National Bank -

LITTLE ROCK, Ark. (AP) – A second bank says it will make an offer for Little Rock-based Metropolitan National Bank when it goes on the auction block next Monday.

Arvest Bank said in a legal notice published Thursday in the Arkansas Democrat-Gazette that it intends to bid on Metropolitan, which has about $1 billion in assets.

46. Triumph Bank Completes Purchase of M&P Bank Divisions -

Memphis-based Triumph Bank has finalized the purchase of Merchant & Planters Bank divisions M&P Bank Home Loans and Community Bankers Mortgage Group.

47. Triumph Bank Completes Purchase of M&P Bank Divisions -

Memphis-based Triumph Bank has finalized the purchase of Merchant & Planters Bank divisions M&P Bank Home Loans and Community Bankers Mortgage Group.

48. Judge Likely to Approve AMR Bankruptcy Exit -

NEW YORK (AP) – A federal judge signaled Thursday that he is leaning toward approving American Airlines' emergence from bankruptcy protection but wanted more time to reflect.

"I'm finding the arguments in favor of confirmation fairly persuasive," Judge Sean H. Lane said from the bench. He could sign off on American's restructuring plan at the next hearing on Sept. 12 or in a written decision prior.

49. Comptroller of Currency Ends Paragon National Bank Oversight -

Paragon National Bank has shown enough progress to be able to end a special oversight arrangement the bank had with the Office of the Comptroller of the Currency.

50. Metropolitan Bank Hires Two in Memphis -

Metropolitan Bank has brought on two additions in Memphis. David Hertlein has joined the bank as a mortgage specialist, and Stephanie Maness is the newest client services adviser. Both are working in the Poplar Avenue office.

...

51. BankTennessee Buys Downtown Bank Building -

BankTennessee has bought the bank’s Downtown Memphis office building at 30 N. Second St.

The property, once known as the Welcome Wagon building, also has been renamed the BankTennessee Building.

52. BankTennessee Buys Downtown Bank Building -

BankTennessee has bought the bank’s Downtown Memphis office building at 30 N. Second St.

The property, once known as the Welcome Wagon building, also has been renamed the BankTennessee Building.

53. Triumph Bank Reports Profitable Second Quarter -

Triumph Bank doubled its profit in the second quarter compared to the second quarter of 2012.

The bank reported almost $780,000 in profit for the quarter ended June 30, up from $388,164 during the same period in 2012.

54. Metropolitan Bank Hires Two in Memphis -

Metropolitan Bank has brought on two additions in Memphis.

David Hertlein has joined the bank as a mortgage specialist, and Stephanie Maness is the newest client services adviser. Both are working in Metropolitan’s Poplar Avenue office.

55. Triumph Bank Acquires Merchants & Planters Mortgage Unit -

Memphis-based Triumph Bank has reached a deal to acquire the mortgage division of Merchants & Planters Bank.

56. Fulmer Joins Loan Operations at BankTennessee -

Joy Fulmer has joined the loan operations department at BankTennessee.

She’ll help the loan operations manager, process loan payments, pay taxes and insurance, perform escrow analysis and help with documentation.

57. Fulmer Joins Loan Operations at BankTennessee -

Joy Fulmer has joined the loan operations department at BankTennessee.

She’ll help the loan operations manager, process loan payments, pay taxes and insurance, perform escrow analysis and help with documentation.

58. Triumph Bank Acquires Merchants & Planters' Mortgage Division -

Memphis-based Triumph Bank has reached a deal to acquire the mortgage division of Merchants & Planters Bank.

59. Community Banks Group Praises Triumph Executive -

The Independent Community Bankers of America has named Ed Gentry, executive vice president and chief lending officer with Memphis-based Triumph Bank, as an “Outstanding Community Lender.”

60. Community Bankers Group Praises Triumph Executive -

The Independent Community Bankers of America has named Ed Gentry, executive vice president and chief lending officer with Memphis-based Triumph Bank, as an “Outstanding Community Lender.”

61. Henneberger Joins First State Bank Small-Business Lending Division -

Sean Henneberger has joined First State Bank’s small-business lending division as vice president/business development officer in the Memphis market. In his new role, Henneberger will help small businesses pursue loans through the U.S. Small Business Administration and U.S. Department of Agriculture Business and Industry Guaranteed Loan Program.

62. Chief Marketing Officer Leaves First Tennessee Bank -

Dan Marks has left his job as chief marketing officer for First Tennessee Bank.

63. Chief Marketing Officer Leaves First Tennessee Bank -

Dan Marks has left his job as chief marketing officer for First Tennessee Bank.

64. Second-Quarter Bankruptcies Up 2.3 Percent -

The second quarter of 2013 showed a slight boost in West Tennessee bankruptcy filings as consumers who couldn’t pay off debt accumulated in late 2012 filed for bankruptcy.

All chapters combined – Chapters 7, 11 and 13 – climbed to 3,164 Shelby County bankruptcies for the three-month period ended June 30, up 2.3 percent from 3,093 bankruptcies filed during the same three-month period in 2012, according to The Daily News Online, www.memphisdailynews.com.

65. Bank of Bartlett Receives High Marks From Banking Magazine -

The “ABA Banking Journal,” the American Bankers Association’s monthly magazine, has recognized Bank of Bartlett as among the nation’s top performing banks based on return on equity for 2012.

66. JPMorgan's Profit Surges on Investment Banking -

NEW YORK (AP) – A surge in investment banking pushed up JPMorgan's second-quarter profit even as results at its consumer business sagged.

JPMorgan earned a bonanza in fees from underwriting stock and bond offerings in the first three months of the year as financial markets thrived. The gain offset a slight decline at the bank's consumer business, which struggled with lower mortgage fees.

67. Central Bank Bumper Cars -

Markets last week called Bernanke’s bluff and ended the second quarter on a high note. As we well know, Bernanke spooked markets with a timeline for dousing quantitative easing by mid-year 2014. Bond markets convulsed and the 10-year Treasury yield climbed from 1.61 percent to 2.67 percent. Why would Chairman Bernanke do such a thing?

68. First Tennessee Bank Unveiling Concierge Service -

The physical aspects of modern banking haven’t changed much in recent decades.

The center of the action inside a brick-and-mortar bank presence is “teller row,” where queues form so that deposits can be made, withdrawals taken and similar requests can get processed.

69. Magna Bank Honored as Top Bank for SBA Lending -

Magna Bank has been named Community Bank of the Year by dollar value for its Small Business Administration lending.

70. First Tennessee Buys Mountain National Bank -

First Tennessee Bank has bought a failed bank from the Federal Deposit Insurance Corp.

First Tennessee acquired Mountain National Bank of Sevierville from the FDIC. That was after the Office of the Comptroller of the Currency closed Mountain National Bank Friday, June 7, and named the FDIC as receiver.

71. Paragon National Bank Expands Slate of Services -

Paragon National Bank has expanded its slate of service offerings.

Paragon recently enhanced its services to include new partnerships with Clay & Land Insurance and Ovation Payroll. The bank also has launched Paragon BusinessManager Solutions, which helps small-business owners better manage their cash flow.

72. Walker Leads Trust Growth at Commercial Bank -

Emily Walker, vice president and trust officer with Commercial Bank & Trust Co., has worked in Trust for the past 16 years and feels blessed to have been a part of so many lives.

73. Metropolitan Bank Earnings Up 43 Percent -

Metropolitan Bank is starting off its fifth year by reporting another quarter of increased earnings – the 14th straight quarter in which that’s happened.

74. Metropolitan Bank Still Growing 5 Years In -

Metropolitan Bank has come a long way in five short years. Since being founded amid the worst financial crisis in the U.S. in generations, the bank – which in March celebrated its fifth birthday – has grown its assets from $243 million at the end of 2008 to $722 million at the end of 2012.

75. Wright Joins Magna Bank as Senior Vice President -

Andy Wright has joined Memphis-based Magna Bank as senior vice president and manager of commercial banking. Wright, who previously held senior vice president positions at Iberiabank and First Tennessee Bank, has experience working with a variety of industries, with in-depth expertise in the transportation and logistics industries.

76. Triumph Bank Takes Top SBA Lender Spot -

Memphis-based Triumph Bank is in the top spot on a recently released list by the U.S. Small Business Administration of lender rankings by loan dollar amounts in Tennessee.

77. Triumph Bank Takes Top SBA Lender Spot -

Memphis-based Triumph Bank is in the top spot on a recently released list by the U.S. Small Business Administration of lender rankings by loan dollar amounts in Tennessee.

78. Trustmark Buys Branches From SOUTHBank -

Trustmark National Bank has inked a branch purchase and assumption agreement to acquire two branches of SOUTHBank to serve the Oxford, Miss., market.

79. Stemmler Joins Iberiabank as Branch Manager -

Bill Stemmler has joined Iberiabank as vice president and branch manager of the bank’s 4894 Poplar Ave. branch location.

80. Trustmark Buys Two Branches From SOUTHBank -

Trustmark National Bank has inked a branch purchase and assumption agreement to acquire two branches of SOUTHBank to serve the Oxford, Miss., market.

81. Croom Appointed New Bankruptcy Judge -

James Croom, assistant U.S. attorney for the Western District of Tennessee, has been appointed by the U.S. Sixth Circuit Court of Appeals to be West Tennessee’s new bankruptcy judge.

82. Explore Alternatives to Banks -

Ray’s Take In decades past you built a relationship with your bank and, more importantly, your banker. After so many mergers, that’s become harder to do. Generation low interest rates have banks piling up fees on their customers as well as limiting services It might be worthwhile to at least consider options other than the neighborhood brick-and-mortar bank.

83. Triumph Bank Improved Earnings Picture in 2012 -

Memphis-based Triumph Bank saw a 28 percent gain in its pretax income in 2012 compared to 2011.

Triumph reported year-end pre-tax income of $3.5 million for 2012, up from about $2.7 million at year-end 2011.

84. First Tennessee Bank Grows Outside Tennessee -

First Tennessee Bank, a subsidiary of Memphis-based First Horizon National Corp., is moving its Raleigh, N.C., office to a larger and more prominent location.

85. Fed Study Supports Community Banking -

A new study out from the Federal Reserve Bank of St. Louis underscores one reason most banks in the Memphis area are smaller, community institutions.

86. First Tennessee Bank Grows Outside Tennessee -

First Tennessee Bank, a subsidiary of Memphis-based First Horizon National Corp., is moving its Raleigh, N.C., office to a larger and more prominent location.

87. Mortgage Bankers Honor Financial Federal Executives -

Financial Federal vice presidents and loan officers John Loebel and Judson Williford, of the bank’s residential lending division, recently were honored by the Memphis Mortgage Bankers Association.

88. Orion Federal Credit Union Partners with Food Bank -

Orion Federal Credit Union has partnered with the Mid-South Food Bank, donating more than $1,400 and about 600 food items to the nonprofit group.

89. Orion Federal Credit Union Partners With Food Bank -

Orion Federal Credit Union has partnered with the Mid-South Food Bank, donating more than $1,400 and about 600 food items to the nonprofit group.

90. JPMorgan to Trim 4,000 Jobs, Many in Consumer Banking -

NEW YORK (AP) – JPMorgan is trimming about 4,000 jobs, or about 1.5 percent of its work force, becoming the latest big bank to shrink its staff.

The bank said the cuts will be focused in consumer banking and mortgages. Many of the cuts would come through attrition, but the bank will lay off workers as well, a bank spokeswoman said.

91. Reader's Digest Parent Seeks Bankruptcy Protection -

NEW YORK (AP) – The parent company of Reader's Digest has filed for Chapter 11 bankruptcy protection for the second time in less than four years, saying it needs to cut its debt so it can keep restructuring.

92. Bank of Bartlett Launches Mobile Banking Product -

Bank of Bartlett has joined the list of banks that have launched a mobile banking service.

The bank now has mobile banking capability on all types of mobile devices, including iPhones and Android phones, Web-enabled smartphones and older cell phones through three formats including a Bank of Bartlett mobile banking app.

93. Bank of Bartlett Launches Mobile Banking Product -

Bank of Bartlett has joined the list of banks that have launched a mobile banking service.

The bank now has mobile banking capability on all types of mobile devices, including iPhones and Android phones, Web-enabled smartphones and older cell phones through three formats including a Bank of Bartlett mobile banking app.

94. Mayor, Banks Revive Program Targeting City’s Unbanked -

It started with a letter. More than two dozen of them, actually. Bankers from around Memphis got a missive from Memphis Mayor A C Wharton Jr. in 2010 that solicited help from bankers like Joe DiNicolantonio, West Tennessee area president for Regions Bank.

95. Metropolitan Bank Reports Year-End Earnings -

Metropolitan BancGroup Inc., the holding company for Metropolitan Bank, has reported its 13th straight quarter and its fourth straight year of increased earnings.

96. 2012 Most Profitable Year For Magna Bank -

Last year was the most profitable year ever for Magna Bank since its founding in 1999.

Magna recorded a profit of $3.1 million in 2012, a 24 percent improvement over 2011. The bank’s assets were up 12.1 percent, loans were up 10.8 percent and deposits were up almost 10 percent.

97. 2012 Most Profitable Year for Magna Bank -

Last year was the most profitable year ever for Magna Bank since its founding in 1999.

Magna recorded a profit of $3.1 million in 2012, a 24 percent improvement over 2011. The bank’s assets were up 12.1 percent, loans were up 10.8 percent and deposits were up almost 10 percent.

98. Metropolitan Bank Reports Year-End Earnings -

Metropolitan BancGroup Inc., the holding company for Metropolitan Bank, has reported its 13th straight quarter and its fourth straight year of increased earnings.

99. SunTrust Banks Posts Jump in Fourth-Quarter Net Income -

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.

100. Paragon National Bank Expands Board of Directors -

Paragon National Bank has added three people to its board of directors.

The new members are Mary McDaniel, Lauren Boggs McHugh and Pete Stark. They’ll each serve a three-year term and work closely with the bank’s 10 other board members.