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Editorial Results (free)

1. First Tennessee Bank Wins Industry Awards -

First Tennessee Bank has received multiple national awards from Greenwich Associates as part of the group’s 2017 Greenwich Best Brand Awards.

2. First Horizon Foresees Bigger Savings from Capital Bank Deal -

The parent company of First Tennessee Bank thinks it will save even more money than originally thought after its acquisition of North Carolina-based Capital Bank Financial Corp.

3. DOJ Reaches $11.7M Deal With IberiaBank Over False Claims -

LAFAYETTE, La. (AP) – IberiaBank has agreed to pay $11.7 million in a settlement with federal officials over allegations the bank and its mortgage company made false claims for loan guarantees, the U.S. Justice Department announced Friday.

4. Blankenship Named President Of Coldwell Banker Collins Maury -

Sean Blankenship has joined Coldwell Banker Collins Maury as president, coming to the Collierville-based full-service real estate firm after serving as chief marketing officer for Coldwell Banker Real Estate LLC. In his new role, Blankenship will focus on growing the company’s presence in the greater Memphis and northern Mississippi markets.

5. First Horizon-Capital Bank Merger Now Complete -

The parent company of First Tennessee Bank will end 2017 as a significantly larger institution, with billions more in assets, deposits and loans, thanks to the completion Nov. 30 of its merger with Charlotte, North Carolina-based Capital Bank Financial Corp.

6. First Horizon, Capital Bank Divest Two Branches -

The parent company of First Tennessee Bank and Charlotte, North Carolina-based Capital Bank Financial Corp. have jointly agreed to sell two Capital Bank branches in East Tennessee to Apex Bank.

7. First Horizon, Capital Bank Divest Two Branches -

The parent company of First Tennessee Bank and Charlotte, North Carolina-based Capital Bank Financial Corp. have jointly agreed to sell two Capital Bank branches in East Tennessee to Apex Bank.

8. As Interest Rates Rise, Banks Are Paying More for Deposits -

NEW YORK (AP) – Slowly, but surely, being a saver is paying off again.

For years after the recession, banks paid next to nothing on deposits – much to the detriment of savers everywhere. Now, banks have increased lending and need more deposits, so they're will-ing to pay higher interest rates.

9. Hungry Turkey 5K To Benefit Food Bank -

The Hungry Turkey 5K to benefit the Memphis Food Bank will be held on Thursday, Nov. 23 – Thanksgiving Day – beginning at 9 a.m. at Shelby Farms Park. A Kids Dash begins at 8:45 a.m. prior to the run.

10. First Tennessee’s Walker Leading Push To Infuse Diversity Throughout Bank -

Memphis-based First Tennessee Bank is already the biggest bank in the state and award-winning for its work atmosphere. But the company isn’t resting on its laurels, instead forging ahead with unique strategies to better reflect the communities it is serving through a top-down, baked-in approach to ensuring diversity at every level of the organization.

11. Hungry Turkey 5K to Benefit Memphis Food Bank -

The Hungry Turkey 5K to benefit the Memphis Food Bank will be held on Thursday, Nov. 23 – Thanksgiving Day – beginning at 9 a.m. at Shelby Farms Park. A Kids Dash begins at 8:45 a.m. prior to the run.

12. Money: First Tennessee State’s Best Bank in 2017 -

First Tennessee Bank has been chosen by Money magazine as the top bank in Tennessee for 2017.

Money’s annual list focuses on banks with no or easily waived monthly fees, as well as low or no ATM fees and above-average interest. Other factors included J.D. ¬Power customer service ratings, geographic reach within a state, and mobile app ratings in the iTunes and Google Play stores.

13. Money: First Tennessee State’s Best Bank in 2017 -

First Tennessee Bank has been chosen by Money magazine as the top bank in Tennessee for 2017.

Money’s annual list focuses on banks with no or easily waived monthly fees, as well as low or no ATM fees and above-average interest. Other factors included J.D. Power customer service ratings, geographic reach within a state, and mobile app ratings in the iTunes and Google Play stores.

14. Survey Finds Businesses Less Happy With Banks -

Small businesses are becoming more dissatisfied with their banks, and one reason why is that many financial institutions don't have a dedicated employee who works with them on their banking needs. That's the finding of a survey by research firm J.D. Power released last week.

15. New General Counsel Hired At Evolve Bank & Trust -

Evolve Bank & Trust has tapped a new general counsel.

Virginia Wilson, who’s been in private law practice for 28 years with banking and financial services experience, is the bank’s new senior vice president and general counsel. She comes to the bank from Butler Snow LLP in Memphis.

16. Pettit Joins Food Bank As Chief Development Officer -

Attorney Peter Pettit has joined Mid-South Food Bank as chief development officer following his recent retirement as a partner in the Memphis office of Bass, Berry & Sims PLC. In his new role, Pettit works closely with food bank leaders to develop strategies and relationships with major gift donors, and specifically is working to complete the $12.5 million “Hunger to Hope” capital campaign.

17. First Tennessee Bank Parent Wraps Solid Third Quarter -

The Memphis-based parent company of First Tennessee Bank is starting to wind down 2017 optimistic about its business and the direction of the economy, which helped the company grow its net income 7 percent during the quarter.

18. FDIC Report Shows Top Memphis Banks -

With a few exceptions, the Top 10 banks in the Memphis metro area as ranked by deposits by the Federal Deposit Insurance Corp. in its latest annual report hasn’t changed much this time around.

19. First Horizon CEO: Banking Industry Needs Consolidation -

The CEO of First Tennessee Bank’s parent company told attendees of a financial conference in New York City in recent days that the banking industry could benefit from more consolidation.

20. Toys 'R' Us Keeping Stores Open Following Bankruptcy Filing -

NEW YORK (AP) – Toys 'R' Us, the toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season – and says its stores will remain open for business as usual.

21. Sunstar Buys Insurance Assets From Simmons Bank -

Memphis-based Sunstar Insurance Group LLC has purchased the property and casualty accounts and assets from the insurance affiliates of Simmons Bank.

22. Sunstar Buys Insurance Assets From Simmons Bank -

Memphis-based Sunstar Insurance Group LLC has purchased the property and casualty accounts and assets from the insurance affiliates of Simmons Bank.

23. Pinnacle Named Among Best Banks to Work For -

Pinnacle Financial Partners is one of the nation’s Best Banks to Work For, ranking No. 6 on the annual list compiled by American Banker magazine and Best Companies Group. It is the firm’s fifth appearance on the list.

24. Pinnacle Named Among Best Banks to Work For -

Pinnacle Financial Partners is one of the nation’s Best Banks to Work For, ranking No. 6 on the annual list compiled by American Banker magazine and Best Companies Group. It is the firm’s fifth appearance on the list.

25. Tri-State Hosts Grand Opening of Banking HQ -

Tri-State Bank CEO Thomas Felder estimates that the more than 70-year-old institution – which has shifted its retail bank headquarters from Downtown to Whitehaven – will have a $2.5 million economic impact on the neighborhood surrounding it.

26. A Puzzle for Central Bankers: Solid Growth But Low Inflation -

JACKSON HOLE, Wyoming (AP) – Against a backdrop of strengthening growth but chronically low inflation, Federal Reserve Chair Janet Yellen and other central bankers are taking their measure of the global economy at their annual conference in the shadow of Wyoming's Grand Teton Mountains.

27. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.


5100 Poplar Ave.
Memphis, TN 38137

28. First Alliance Bank Moving to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into a new facility inside the recently remodeled Clark Tower office building.

The new 3,920 office will be located adjacent to Clark Tower’s lobby, and will offer full banking services and a drive-through facility.

29. Finding Your Best Bank – It’s Worth It -

Ray’s Take: There’s a perception that all banks are the same and offer the same services and have the same fees. That may have been true at one time, but in today’s world, it pays to investigate a broad range of financial institutions to find the one that has the best products and services geared toward your individual needs.

30. Republicans Moving to Repeal Financial Rule Opposed by Banks -

WASHINGTON (AP) – Continuing its focus on curbing government regulations, a Republican-led House is seeking to overturn a rule that would let consumers band together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute.

31. Rising Interest Rates Boost Bank of America's Profits -

NEW YORK (AP) – Consumer banking giant Bank of America reported a 10 percent rise in second-quarter profits on Tuesday as gains from higher interest rates were more than enough to offset a drop in trading revenue.

32. Renasant, Metropolitan Banks Complete Merger -

Tupelo, Miss.-based Renasant Corp. has completed its merger with Metropolitan BancGroup, Inc., the parent company of Metropolitan Bank, effective July 1.

33. Renasant, Metropolitan Banks Complete Merger -

Tupelo, Miss.-based Renasant Corp. has completed its merger with Metropolitan BancGroup, Inc., the parent company of Metropolitan Bank, effective July 1.

34. Warren Buffett to Buy 700 Million Shares in Bank of America -

NEW YORK (AP) – Warren Buffett's Berkshire Hathaway said Friday it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of the nation's largest banks.

35. Experts: Takata Bankruptcy Means Air Bag Victims Get Less -

DETROIT (AP) – A bankruptcy filing by Japanese air bag maker Takata will leave little money for dozens of people who sued the company over deaths and injuries caused by its exploding air bag inflators, according to outside legal experts and lawyers suing the company.

36. Renasant Bank to Build Midtown Branch -

The parent companies of Renasant Bank and Metropolitan Bank, which are in the process of merging, have announced plans to build a new Midtown Memphis bank branch at 2046 Union Ave.

37. Renasant Bank to Build Midtown Branch -

The parent companies of Renasant Bank and Metropolitan Bank, which are in the process of merging, have announced plans to build a new Midtown Memphis bank branch at 2046 Union Ave.

38. First Horizon CFO Talks Capital Bank Merger -

First Tennessee Bank’s parent company is a $30 billion financial institution that’s put its cash to work the last few years by buying back almost 10 percent of its shares and pursuing smaller mergers and acquisitions.

39. First Tennessee Bank Complaint vs. Pinnacle Financial to Go to Trial -

A legal fight brought in the wake of Pinnacle Financial Partners’ arrival into the Memphis market appears set for a jury trial.

Shelby County Chancellor Jim Kyle on Tuesday, June 6, denied a motion for partial summary judgment made by Memphis-based First Tennessee Bank, which filed its complaint against Pinnacle in February 2016.  First Tennessee originally brought the action in 2015 only against Damon Bell, a First Tennessee executive vice president recruited to be Pinnacle’s Memphis president.

40. -

EMPHASIS Banking
...

41. Gladney’s Career Path Leads to New Role at Commercial Bank & Trust -

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

42. Cleaning Authority Program To Benefit Food Bank -

For the second consecutive year, The Cleaning Authority of Memphis is conducting a summer donation program to help the Mid-South Food Bank.

43. Gladney’s Career Path Leads Her To New Role at Commercial Bank & Trust -

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

44. -

EMPHASIS Banking
...

45. Fed Fines Deutsche Bank $41M Over Money Laundering Controls -

WASHINGTON (AP) – The Federal Reserve has fined Germany's largest bank $41 million for failure to maintain controls against money laundering in its U.S. operations.

The U.S. regulators announced the penalty against Deutsche Bank on Tuesday, citing "unsafe and unsound practices." The global bank also agreed to an order requiring it to improve oversight by senior management in complying with anti-money-laundering laws in the U.S. operations.

46. Cleaning Authority Program to Benefit Food Bank -

For the second consecutive year, The Cleaning Authority of Memphis is conducting a summer donation program to help the community.

Called The Cleaning Authority CARES, the company collections donations of food from clients and the community to give to the Mid-South Food Bank. The initiative first launched in April 2016 and the Memphis office collected 2,456 pounds of food for the food bank.

47. First Horizon Buying North Carolina Bank for $2.2 Billion -

The parent company of First Tennessee Bank is buying Charlotte, North Carolina-based Capital Bank Financial Corp., a $10 billion institution that will create the fourth-largest regional bank in the Southeast.

48. Supreme Court Says Cities Can Sue Banks Under Anti-Bias Law -

WASHINGTON (AP) – The Supreme Court ruled Monday that cities may sue banks under the federal anti-discrimination in housing law, but said those lawsuits must tie claims about predatory lending practices among minority customers directly to declines in property taxes.

49. Q&A: Triumph Bank CEO Recaps 2016 -

At Triumph Bank’s annual meeting of shareholders in recent days, bank executives offered a recap of what turned out to be another strong year.
Loans were up 4.5 percent. The bank’s mortgage division saw a nearly 28 percent increase in income. Triumph also opened a new lending center in East Memphis, consolidating staff and finding new efficiencies and a faster way to do business.
Triumph Bank CEO Will Chase sat down with The Daily News to talk about what’s behind the bank’s recent results and its plans for the future.

50. Longtime Bankers Association General Counsel to Depart -

Tim Amos, the Tennessee Bankers Association general counsel who’s well-known among bankers, legislators and the legal community across the state, is leaving the group after nearly 33 years.

51. First Horizon CEO: Bank on Right Course -

During a pause in remarks from its CEO, a familiar voice broke the silence in the auditorium of First Tennessee Bank’s Downtown headquarters Tuesday, April 25, during the annual meeting for shareholders of the bank’s parent company.

52. Renasant Wins Federal Approvals for Metropolitan Bank Merger -

Renasant Bank’s parent company has received all the necessary federal bank regulatory approvals needed to complete its merger with the parent company of Metropolitan Bank, Renasant has announced.

53. Court OKs $16.8M Settlement in First Tennessee Bank Class-Action Suit -

Shelby County Circuit Court Judge Mary Wagner has approved an agreement to settle a class-action lawsuit against First Tennessee Bank related to overdraft fees that calls for the bank to put $16.8 million into a settlement fund.

54. Anchor Office Tenant Pinnacle Bank Files $2.3M Permit -

A major project that ended a decade-long speculative drought in Memphis has taken another step forward.

Pinnacle Bank, the anchor tenant in Boyle Investment Co.’s long-awaited office building in Ridgeway Center, filed $2.3 million building permit application with the city-county Office of Construction Code Enforcement for interior tenant work. Linkous Construction Co. is listed as the contractor.

55. Toshiba Says Westinghouse Files for Bankruptcy Protection -

TOKYO (AP) – Japan's embattled Toshiba Corp. said Wednesday that its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, marking a key step in its struggles to stop the flow of massive red ink.

56. Building Permit Application Filed for Tri-State Bank Headquarters -

A $140,000 building permit application that lists “Tri-State Bank headquarters” as the tenant has been filed with the city-county Office of Construction Code Enforcement.

57. First Tennessee Bank Wins Industry Awards -

First Tennessee Bank has scooped up several industry awards for excellence in banking.

First Tennessee received multiple awards for outstanding service for business banking from Greenwich Associates as part of the 2016 Greenwich Excellence Awards. It also earned high grades from customers in the annual Phoenix-Hecht Treasury Management Quality Index for Middle Market Banking.

58. New Triumph Bank Office Shows Way Forward -

Sometimes, a building can be as much a place as it is a statement, a testament to values and the culture of the people who occupy it.

Such is the case Triumph Bank makes about its new roughly 10,000-square-foot Commercial and Mortgage Lending Center at 5904 Ridgeway Center Parkway. It has an open layout, with teams, desks, executives and employees arrayed in basically a large circle, wrapping around the center of the space.

59. Bartlett Banker Appointed To Fed Advisory Council -

The Federal Reserve Bank of St. Louis has appointed Craig Esrael, president and CEO of Bartlett-based First South Financial Credit Union, to its Community Depository Institutions Advisory Council.

60. Bartlett Banker Appointed To Fed Advisory Council -

The Federal Reserve Bank of St. Louis has appointed Craig Esrael, president and CEO of Bartlett-based First South Financial Credit Union, to its Community Depository Institutions Advisory Council.

61. Through Banking and More, Williams Invests in Memphis -

Duncan Williams runs his investment bank the way others might run a family. “We do things differently around here,” he concedes. “When I walk out on the floor, nobody calls me ‘Mr. Williams.’ Mostly it’s, ‘What’s up, D.?’”

62. Renasant, Metropolitan Banks Announce Merger -

Two Mississippi-based banks with a Memphis presence are merging.

Metropolitan BancGroup Inc., the parent company of Metropolitan Bank, will merge into Renasant Corp., the corporate parent of Renasant Bank, in an all-stock deal valued at about $190.2 million. It’s expected to close in the third quarter and already has been approved by both companies’ boards.

63. First Horizon Exec Among American Banker’s Top 10 -

American Banker has included the chairman and CEO of First Tennessee Bank’s parent company on a list of 10 banking executives who “had a good year,” according to the publication.

64. First Horizon Exec Among American Banker’s Top 10 -

American Banker has included the chairman and CEO of First Tennessee Bank’s parent company on a list of 10 banking executives who “had a good year,” according to the publication.

65. Last Word: Beale's Status Quo, The ASD and Change and Tri-State Bank's Big Year -

Here comes the AutoZone Liberty Bowl … specifically the pre-game festivities. The day after Christmas will find both teams – Georgia and TCU – at Bass Pro Shops at the Pyramid for some food and some entertainment and probably some shopping. The game itself is Friday at 11 a.m.

66. 2016: Not Too Many Banking Industry Surprises -

When shareholders of First Tennessee Bank’s Memphis-based parent company convened in April at the bank’s Downtown Memphis headquarters for their annual meeting, the whole thing wrapped up in about 10 minutes.

67. Fed Has 8 Biggest US Banks Shift Loss Burden to Investors -

WASHINGTON (AP) – The eight biggest U.S. banks will be required to build new cushions against losses that would shift the burden to investors. The action by the Federal Reserve was the latest bid by regulators to reduce the chances of future taxpayer bailouts.

68. Supreme Court Upholds Broad Reach of Bank Fraud Law -

WASHINGTON (AP) – The Supreme Court on Monday upheld the broad reach of a federal law prohibiting bank fraud, a ruling that gives the government more leeway to prosecute financial crimes.

69. Crittenden County Deposit Leader Fidelity National Bank Turns 50 -

Fidelity National Bank in West Memphis is enjoying its 50th year in business, and through the decades the bank has become a fixture of the local community.

70. Enterprise Rent-A-Car Foundation Donates to Mid-South Food Bank -

Mid-South Food Bank has received $25,920 from the Enterprise Rent-A-Car Foundation to address food insecurity in the Mid-South. The donation is part of a program – called Fill Your Tank – that celebrates Enterprise Rent-A-Car’s 60th anniversary by providing $60 million over six years to fight hunger around the globe. The Fill Your Tank program donations made locally are determined by local Enterprise operations.

71. International Paper Strengthens Partnership With Mid-South Food Bank -

International Paper Co. presented the Mid-South Food Bank with a check for $1.25 million in support of its signature charity last week and the timing was excellent because, well, there is never not a good time for the Food Bank to receive that kind of generous help.

72. Trustmark Bank Expands Into Huntsville Market -

The parent company of Trustmark Bank has announced a $25.6 million merger with RB Bancorporation, the holding company for Reliance Bank, which has seven offices that serve the Huntsville, Alabama, metro area.

73. Trustmark Bank Expands Into Huntsville Market -

The parent company of Trustmark Bank has announced a $25.6 million merger with RB Bancorporation, the holding company for Reliance Bank, which has seven offices that serve the Huntsville, Alabama, metro area.

74. IP Giving $1.25 Million Grant To Mid-South Food Bank -

International Paper Co. chairman and CEO Mark Sutton will present a $1.25 million check to Mid-South Food Bank on Wednesday, Nov. 16, at 10:30 a.m., as part of the company’s support of Mid-South Food Bank as its signature charity. The event will take place at 239 S. Dudley St.

75. Specialized Lending Teams Helping Banks Build Business Relationships -

Standing apart from the competition in banking is not necessarily the simplest thing to do, given that key aspects of the industry – making loans, taking deposits and the like – look so similar from one institution to the next.

76. Momentum in Memphis Medical District Bringing More Banks -

The past year has seen financial institutions like Iberiabank and BancorpSouth head to the Memphis Medical District to open new branches, a trend that picked up steam this week with yet another bank following suit.

77. Survey: Number of Americans Without Bank Accounts Declines -

NEW YORK (AP) — Fewer Americans are without access to a checking or savings account, according to a survey released Thursday by federal regulators, a sign that the improving economy is helping lift the nation's poorest households.

78. Last Word: Early Voting Lines, Bank Moves, and Death of the Hi-Tone Mural -

Dodgers vs. Cubs or Trump vs. Clinton on your Wednesday evening. – We live in a land of choices … and screen within a screen technology.

Before the playoff game and the last of the Presidential debates got rolling there were lines at several of the early voting locations across Shelby County Wednesday on the first day of the early voting period.

79. First TN Bank Focuses On Growth With New Hires -

“Growing the business” is a mantra executives of First Tennessee Bank’s parent company have repeated often in recent weeks.

80. Russian Broadcaster RT Says UK Bank Suspends Its Accounts -

LONDON (AP) — Tense relations between Britain and Russia came under further strain Monday as Kremlin-backed broadcaster RT accused the U.K.'s NatWest bank of shutting down its accounts without explanation.

81. Last Word: Festival Season, The Unbanked and Artspace Lofts Gets Started -

It was one of those weekends. In thinking back on it you will probably add rich fall colors on the trees that will come just a bit later. And since you are adding things you might give the Tigers another touchdown or two – or not, depending on where your allegiances are.

82. Tri-State Reports Success Of Bank-a-Thon Campaign -

Tri-State Bank of Memphis is reporting its inaugural Bank-a-Thon, a community outreach campaign last month to engage with and attract new customers, resulted in 294 new accounts totaling $1.1 million in new deposits.

83. Study: Memphis Metro Home to Large Unbanked Population -

The U.S. is home to a little less than 10 million so-called unbanked households – those in which no member has a bank account.

That’s according to new research from the financial website NerdWallet, which not only found that low-income homes tend to get hit hardest by that reality, through things like higher fees associated with alternative financial products like payday loans. What’s more: the site’s research shows that the Memphis metropolitan area carries the unfortunate distinction of having the highest percentage of unbanked households (19.5 percent) in the country.

84. Tri-State Reports Success Of Bank-a-Thon Campaign -

Tri-State Bank of Memphis is reporting its inaugural Bank-a-Thon, a community outreach campaign last month to engage with and attract new customers, resulted in 294 new accounts totaling $1.1 million in new deposits.

85. Triumph Bank Honored By Industry Association -

Triumph Bank has been nationally recognized by the American Bankers Association Foundation for its Personal Financial Management Program with The Boys Scouts of America with a 2016 Community Commitment Award.

86. First Horizon Exec Tapped As Chair of Bankers Council -

The American Bankers Association has appointed Bryan Jordan – the chairman, president and CEO of First Tennessee Bank’s parent company First Horizon National Corp. – as chairman of its American Bankers Council for the 2016-2017 membership year.

87. First Tennessee Bank Opens First Local Branch in a Decade in Arlington -

After a decade of acquisitions and renovations of existing branches, Memphis-based First Tennessee Bank has opened its first new West Tennessee branch in Arlington.

88. First Horizon Exec Tapped As Chair of Bankers Council -

The American Bankers Association has appointed Bryan Jordan – the chairman, president and CEO of First Tennessee Bank’s parent company First Horizon National Corp. – as chairman of its American Bankers Council for the 2016-2017 membership year.

89. Boyle Investment's New CFO Brings Investment Banking Background to Post -

Memphis-based Boyle Investment Co. has shaken up its executive staff in promoting Matt Hayden as CFO and treasurer. Hayden joined the real estate company in 2014 as part of a succession plan for Charles Claiborne, who held the position since 1983.

90. Last Word: One Beale Delay, Memphis Banks and The Other Anniversary -

Changing the city’s skyline comes with some challenges. That’s a reflection of ever-changing economic conditions and the terrain by the Mississippi River on which the city’s skyline is built.

91. Tri-State Bank Holding Community Bank-A-Thons -

Tri-State Bank of Memphis will host Community Bank-A-Thons Saturdays during August to promote the importance of wealth-building in the African-American community by encouraging residents to open bank accounts.

92. US Regulators: Still Heavy Risk in Big Bank Loans -

WASHINGTON (AP) — Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.

The Federal Reserve and other agencies cite increasing risks in loans to oil and gas producers as oil prices have fallen to three-month lows. The regulators said their latest examinations also showed continued high risk from loans made to companies that are already heavily in debt.

93. Comerica Says It Will Cut Almost 800 Jobs, Close 40 Banks -

NEW YORK (AP) – Comerica said Tuesday it will cut close to 800 jobs and close 40 banks to cut costs. The regional bank also reported a bigger quarterly profit than analysts expected.

Comerica said it wants to eliminate $160 million in annual spending by the end of 2018. The company said it will eliminate about 9 percent of its jobs, which would be 791 workers based on recent employment figures. Comerica will also close 40 banks and outsource some technology functions to reduce spending.

94. Threlkeld Says Metropolitan Bank Going Back In Time With New Advisory Service -

A conversation with Metropolitan Bank executives about a new business advisory platform the 9-year-old bank has just launched quickly turned into a talk about how much of a commodity business banking has become.

95. Boutique Hotel Planned For Downtown Bank Building -

The former Leader Federal headquarters will be converted into a boutique hotel.

Wessman Holdings, an out-of-town group, purchased the property at 158 Madison Ave. from 158 Madison LLC for $1.1 million, according to a June 13 warranty deed. The five-floor building was built in 1961 and bears more than 62,000 square feet.

96. Metropolitan Bank Starts Capital Advisory Unit -

Metropolitan Bank has launched a new business advisory platform.

The 9-year-old bank is expanding on its traditional service offerings with a new unit, Metropolitan Capital Advisors. Longtime Memphis real estate finance professional Rob Threlkeld will head up the unit as senior managing director.

97. Paragon Executive Touts Personal Touch of Community Banking -

Robert Shaw won’t say that big banks don’t have their place in the industry. He knows better.

“Larger banks do a lot of things very well,” said Shaw, CEO of Paragon Bank. “But community banks can do things on a more personal basis.”

98. Metropolitan Bank Launches Metropolitan Capital Advisors -

Metropolitan Bank has launched a new business advisory platform.

The 9-year-old bank is expanding on its traditional service offerings with a new unit, Metropolitan Capital Advisors. Longtime Memphis real estate finance professional Rob Threlkeld will head up the unit as senior managing director.

99. Italian Banks in Focus at Eurozone Finance Discussions -

BRUSSELS (AP) — Italy's partners in the 19-country eurozone insisted Monday that new rules governing the rescue of imperiled banks will not be relaxed, especially at a time when Europe is dealing with the fallout of Britain's decision to leave the European Union.

100. Hostess, Four Years After Bankruptcy, Will Go Public Again -

NEW YORK (AP) – Almost four years after seeking bankruptcy protection under a barrage of labor issues and rapidly changing appetites, the maker of Twinkies and Ding Dongs will take the stage once again as a publicly traded company.