Application Report July 2011
NAME
AND LOCATION OF INSTITUTION |
NATURE
OF CHANGE |
DATE
EFFECTIVE/ DATE APPROVED |
|---|---|---|
Sequatchie Bancshares, Inc., Dunlap, TN |
Acquisition of Citizens Bank of Spencer, Spencer, TN |
Effective: 7/18/2011 Approved: 5/4/2011 |
Citizens Bank of Spencer, Spencer, TN |
Merged with and into Citizens Tri-County Bank, Dunlap, TN. As a result, Citizens Tri-County Bank will operate a branch at 489 Spring Street, Spencer, TN 38585 |
Effective: 7/18/2011 Approved: 5/4/2011 |
SmartBank, Pigeon Forge, TN |
Discontinue Sale of Non Deposit Products through Investment Centers of America, Inc. |
Effective: 5/6/2011 Approved: N/A |
Bank of Camden, Camden, TN |
New Branch Opening: 4536 Nolensville Pike, Nashville, TN 37211-4770 to be called MiBanco, a Division of Bank of Camden |
Effective: 7/25/2011 Approved: 5/16/2011 |
Peoples Bank, Clifton, TN |
After The Fact Filing of Change of Control by PB Bancshares, Inc. Employee Stock Ownership Plan, Clifton, TN to Acquire 27.34% of the outstanding shares of PB Bancshares, Inc. which owns 98.82% of Peoples Bank, Clifton, TN |
Effective: 04/24/2005; 03/27/2007; 03/08/2008; and 04/10/2008 |
Sevier County Bank, Sevierville, TN |
Branch Consolidation: 734 Forks of the River Parkway, Sevierville, TN branch was consolidated with the branch located at 720 Dolly Parton Parkway, Sevierville, TN |
Effective: 7/29/2011 Approved: N/A |
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Governor Bill Haslam
