Tullahoma bank sets up shop in Murfreesboro

Eight-year-old lender runs three offices southeast of town

A Tullahoma community bank has moved into the Nashville MSA with the opening of a downtown Murfreesboro office.

First Vision Bank of Tennessee officials say they intend to stand out from the crowd in Rutherford County through a high-touch approach that will take them to clients rather than relying on an office at 303 W. Main Street to attract business. On top of that, the eight-year-old lender also is offering hardware for remote deposits and online cash management services for free.

“With approximately 20 banks doing business in Rutherford County, First Vision wanted and needed to be different,” said Murfreesboro City President Chris Henson, who was formerly partner and general manager at Creative Homes. “All businesses don’t need a bank to come to them. But for the businesses that do, we’re going to be there.”

Founded in late 2005, First Vision ended last year with $1.3 million in profits — down from $1.5 million in 2012 — and assets of $159 million. The bank also has offices in Tullahoma, Manchester and Decherd.