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Pinnacle Financial Partners to acquire CapitalMark Bank and Trust

Posted at 10:50 pm April 7, 2015
By Oak Ridge Today Staff Leave a Comment

CapitalMark Bank and Trust Oct. 9, 2012

The front of CapitalMark Bank and Trust in Oak Ridge is pictured above on Oct. 9, 2012. (File photo)

 

David Bradshaw will continue to serve as Oak Ridge president

Pinnacle Financial Partners Inc., the second-largest bank based in Tennessee, on Tuesday announced an agreement to acquire CapitalMark Bank and Trust, which has a location in Oak Ridge. The merger is expected to close late in the third quarter or early in the fourth quarter of 2015.

David Bradshaw, CapitalMark’s Oak Ridge president, will become Pinnacle’s city president for Oak Ridge. CapitalMark clients will continue to work with their banker teams, which in Oak Ridge includes Bradshaw and Andy Boyer.

“CapitalMark is excited to partner with an organization that shares our commitment to excellent client service and has demonstrated strong operating performance and a long-term track record of growth,” said R. Craig Holley, CapitalMark’s chairman, president, and chief executive officer. “I strongly believe that, collectively, the two franchises can accomplish more, grow more efficiently, and realize more value for our shareholders together than independently. Since CapitalMark’s founding in 2007, we have focused on businesses and their owners, and we will continue that tradition with Pinnacle.” [Read more…]

Filed Under: Business, Front Page News, Oak Ridge, Top Stories Tagged With: CapitalMark, CapitalMark Bank and Trust, Charles E. Brock, David Bradshaw, Kenneth C. Dyer III, Knoxville, Launch Tennessee, M. Terry Turner, Oak Ridge, Pinnacle, Pinnacle Financial Partners, R. Craig Holley, R. Ryan Murphy III, Robert A. McCabe Jr.

Free workshop on health care reform for individuals, small businesses

Posted at 6:39 pm June 4, 2014
By Oak Ridge Today Staff Leave a Comment

A free workshop on health care reform on June 24 will provide an update for individuals and small businesses.

The discussion will include requirements, penalties, the Marketplace, and SHOP program, a press release said. The workshop is scheduled from 9 to 11 a.m. Tuesday, June 24, at the Oak Ridge Chamber of Commerce at 1400 Oak Ridge Turnpike.

It’s offered by the Tennessee Small Business Development Center at Roane State Community College, in partnership with the Community Health Alliance.

To sign up, call (865) 483-2668, email Jutta Bangs at [email protected], or visit www.roanestate.edu/tsbdc.

The Tennessee Small Business Development Center advises and assists entrepreneurs and small business owners at no cost to them.

Filed Under: Business, Front Page News, Health Tagged With: Adoptable Animals at the Oak Ridge Shelter, CapitalMark, Community Health Alliance, health care reform, Jutta Bangs, Marketplace, Roane State Community College, small businesses, Tennessee Small Business Development Center

Mortgage originator Yvonne Cummings moves to CapitalMark

Posted at 7:35 pm April 2, 2014
By Oak Ridge Today Staff Leave a Comment

CapitalMark Bank and Trust has added Yvonne Cummings as a mortgage loan originator in the Knoxville and Oak Ridge markets, a press release said.

Cummings is a 16-year veteran mortgage loan officer and consultant who most recently worked with a regional financial institution. She has earned corporate recognition from previous employers as a top producer and customer loyalty expert, the press release said.

Cummings received a bachelor’s degree in business administration and a minor in economics from Methodist University in Fayetteville, Tenn. She received a master’s in computer science and management of information systems from Webster University. [Read more…]

Filed Under: Business, Front Page News, Oak Ridge Tagged With: CapitalMark, CapitalMark Bank and Trust, commercial bank, Kenny Dyer, mortgage loan, mortgage loan officer, Yvonne Cummings

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Classifieds

Public Notice: Comment period extended for Draft EA for Lithium Processing Facility at Y-12

EXTENSION OF THE COMMENT PERIOD FOR THE DRAFT ENVIRONMENTAL ASSESSMENT FOR THE LITHIUM PROCESSING … [Read More...]

Public Notice: Draft Environmental Assessment Available for Lithium Production Facility at Y-12

AVAILABILITY OF THE DRAFT ENVIRONMENTAL ASSESSMENT FOR THE LITHIUM PROCESSING FACILITY AT THE Y-12 … [Read More...]

Availability of the Final Environmental Assessment for the Oak Ridge Enhanced Technology and Training Center (ORETTC) (DOE/EA-2144), Finding of No Significant Impact, and Wetland Statement of Findings

The U.S. Department of Energy (DOE) National Nuclear Security Administration (NNSA) announces the … [Read More...]

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