New Rutherford chief for FirstBank

Former MidSouth president had been with Tullahoma lender
Jan 22, 2013 10:50 AM

Struggling Community First unloads Rutherford branch

Community First Bank & Trust has struck a deal to sell its only Murfreesboro office to six-year-old Southern Community Bank for an undisclosed amount. The deal, which officials expect to close this quarter, will bring some much-needed cash into Community First. Regulators last fall told bank executives they needed to raise almost $18 million by year's end.

Jan 6, 2012 9:32 AM