Commerce Union Bancshares

Commerce Union Bancshares
Public
Traded as NASDAQ: CUBN
Founded 2006
Headquarters 701 South Main Street, Springfield, Tennessee, United States
Key people
 Charles T. Beasley (Chairman)
Ron DeBerry (CEO & President)
Website commerceunionbank.com

Commerce Union Bancshares is an American financial corporation based in Springfield, Tennessee, USA.[1] It is listed on the NASDAQ.[1][2] It controls a subsidiary, the Commerce Union Bank, a commercial bank.[2][3]

History

Commerce Union Bancshares was founded in 2006.[4] Its Chairman is Charles T. Beasley and its Chief Executive Officer and President, Ron DeBerry.[5]

The corporation acquired Reliant Bank through a merger in 2014.[4][6] By September 2015, it announced it would use the brandname of Reliant Bank to avoid confusion with a defunct Nashville-based bank named Commerce Union Bank which later merged with Bank of America.[7] Additionally, it announced its headquarters would move from Springfield to Brentwood, a suburb of Nashville, Tennessee.[7]

Commerce Union Bancshares has been a public corporation listed on the NASDAQ on July 7, 2015.[8]

References

  1. 1 2 "Commerce Union Bancshares Inc". Bloomberg Business. Retrieved November 15, 2015.
  2. 1 2 "Commerce Union Bancshares Inc.". MarketWatch. Retrieved November 15, 2015.
  3. ↑ "Company Overview of Commerce Union Bank". Bloomberg Business. Retrieved November 15, 2015.
  4. 1 2 De Lombaerde, Geert (April 28, 2014). "Commerce Union, Reliant merging: Combined bank to have $650M+ in assets, be led by DeBerry". NashvillePost.com. Retrieved November 15, 2015.
  5. ↑ "Meet Your Bankers". Commerce Union Bancshares. Retrieved November 15, 2015.
  6. ↑ De Lombaerde, Geert (April 10, 2015). "Commerce Union execs saw raises grow in runup to merger: Bank, Reliant recently completed deal creating $750M institution". NashvillePost.com. Retrieved November 15, 2015.
  7. 1 2 Harrison, Scott (September 2, 2015). "Commerce Union adopts younger bank name as it plots expansion". Nashville Business Journal. Retrieved November 15, 2015.
  8. ↑ Harrison, Scott (July 7, 2015). "Venerable name in Nashville banking goes on the Nasdaq today". Nashville Business Journal. Retrieved November 15, 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.