Bank of Nashville parent selling Memphis unit

Synovus Financial, the $27 billion holding company for The Bank of Nashville and other lenders around the Southeast, has agreed to sell its Memphis division to IberiaBank out of Louisiana for an undisclosed amount. Iberia's deal calls for it to take over all of Trust One Bank's $205 million in deposits, some of its $131 million in loans and its six branches — although it expects to close some of those offices.