First Tennessee Bank has hired three treasury management professionals, two of them from SunTrust Bank, and relocated another from its Memphis operations. Moving over from SunTrust are treasury management sales officers Tammy Lea and Melinda Hagans, who spent the last 23 years and 35 years, respectively, at SunTrust. Also new to First Tennessee is client specialist Katie Burt, who has moved from Fifth Third, where she had worked since 2009. In addition, treasury management sales officer Emily Gotcher has moved to Middle Tennessee. She has 16 years of banking experience and has been with First Tennessee for nine of those.
Keefe Bruyette & Woods analyst Jefferson Harralson says investors should step back into Pinnacle Financial Partners after the stock's drop from its post-earnings July highs. The downtown-based company has set itself up with "two new rich playgrounds" in Memphis and Chattanooga, he says, and he has raised his rating back to 'outperform' from 'market perform' while keeping his price target at $54.
Shares of Pinnacle (Ticker: PNFP) were up 1.5 percent to about $48.50 in early Friday-afternoon trading. So far this year, they've risen more than 20 percent.
Franklin Synergy Bank has recruited Tiffany Martin to its team in Berry Farms as a vice president and commercial banker. Martin joins Franklin Synergy from Capital Bank, where she had been a branch manager for almost two years. Before that, she also ran a Bank of America branch.
“Tiffany has a great background in banking,” said Chairman and CEO Richard Herrington. “Our Berry Farms team is serving a community experiencing fast growth and Tiffany was just the right fit to serve that segment of our market.”
Franklin Synergy opened its office in Berry Farms, located off Interstate 65 at Goose Creek Bypass, in the fall of 2013. The company runs 11 branches in Williamson and Rutherford counties.
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