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Fri, Aug 22, 2014

Veteran bankers launch new financial firm

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Veteran bankers launch new financial firm | Southern Bank of Tennessee, Tennessee, Banking, Finance, Business

The veteran bankers pose together at Southern Bank of Tennessee’s new branch in Smyrna, Tenn. (Photo submitted)

Southern Bank of Tennessee has announced the opening of a new Smyrna branch, as well as new locations in Wilson County.  

“We have assembled a very talented team of bankers who know these markets well and will deliver exceptional commercial and private banking services to new and existing customers,” said David Major, chairman and chief executive officer of Southern Bank. “Our goals are to focus on client relationships and exceed the expectations of our customers."

Ed Davenport, a Smyrna resident, will serve as executive vice president and Brad Byrd will serve as senior vice president. Rounding out the upper management team are Adeline Smotherman, Barbara Vincion, Joy Leonard and Samuel Short, all of whom will serve as vice presidents.

“The team we put together has all served in leadership positions for many years in both Rutherford and Wilson counties," said Sam Short, president of Southern Bank. "They bring tremendous knowledge and expertise to the new bank."

He said all members of the team believe there is a need for a full-service community bank with quality products and personalized customer service that provides a much needed personal touch banking customers deserve.

"The entire group has a strong sense of commitment and will be actively involved in our communities,” Short said.

Southern Bank of Tennessee’s Rutherford County presence is in Smyrna located at 403 S. Lowry St. 

Its Wilson County locations comprise company headquarters, located in the heart of Mount Juliet at 1499 North Mt. Juliet Road and a loan production office in Lebanon at 111 S. Hartmann Drive.

Southern Bank, which opened in 2008, is the newest banking institution in Middle Tennessee.

It is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies and major corporations.

Major said the business philosophy consists of providing a high level of customer service with experienced community bankers and local decision making.  

“This is an opportunity for us to do what we love to do and to build on our success as a relationship-based banking organization,” Major said. “We look forward to filling a void in the marketplace and delivering exceptional commercial and private banking services to businesses in and around the Middle Tennessee area.”

The $100 million asset bank is an emerging leader in the community.

“Opening this institution in today’s marketplace is a true testament to the strengths this team has for delivering exceptional banking services to individuals and businesses in and around the Middle Tennessee area, and our ability to raise significant capital based on our confidence for ongoing growth and success,” Davenport said.

The community is invited to an open house that will be held from 8 a.m. to 5 p.m. Tuesday, Nov. 27. The official ribbon cutting ceremony will take place at 4 p.m.

For more information on Southern Bank, contact Davenport at 615-355-7050.

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