CUBN Commerce Union Bancshares Inc (TN)

Alan Mims Joins Reliant Bank as Executive Vice President, Chief Risk Officer

Reliant Bank President and CEO DeVan Ard announced today that Alan Mims has joined Reliant as Executive Vice President, Chief Risk Officer.

Mims was most recently Senior Examiner and Case Manager for the Federal Reserve Bank of Atlanta, where he used his extensive knowledge to effectively navigate through the web of regulations and procedures that depository institutions must follow.

“He brings insight and experience to Reliant,” said Ard. “Alan is respected for his ability to connect operational risk frameworks to key decisions that drive strategic growth.”

In his new role as Chief Risk Officer for Reliant, Mims will identify key risks across the organization and elevate risk discussions to a strategic level. He will oversee Enterprise Risk Management, Compliance Management, and BSA/AML Compliance programs. In conjunction with the executive leadership team, he will partner with key stakeholders to provide crucial leadership and guidance needed to balance risks while moving the bank forward in the market place.

Mims will also oversee fraud mitigation, physical security, and aspects of vendor management. He will act as the bank’s liaison between regulatory agencies, internal and external auditors, and the Federal Reserve.

“At Reliant, we recognize that knowledge is power,” Ard further stated. “Alan’s disciplined approach adds another layer of expertise to our culture of controlling risk. In his position, he will be charged with continuously improving Reliant’s risk management capabilities in an ever-changing business environment.”

Said Mims, “Reliant is poised for growth. As part of our strategic initiatives, we want to move quickly when market conditions change. My personal goal as Chief Risk Officer is to constantly improve the methods and processes in place to manage risks while seizing opportunities related to the achievement of our business objectives.”

About Commerce Union Bancshares, Inc. and Reliant Bank

Commerce Union Bancshares, Inc. (NASDAQ: CUBN) is a Brentwood, Tennessee-based bank holding company which operates banking centers in Davidson, Robertson, Rutherford, Sumner and Williamson Counties in Middle Tennessee and Hamilton County in East Tennessee through its wholly-owned subsidiary Reliant Bank. Reliant is a fast-growing community bank headquartered in Brentwood, Tennessee. A full-service commercial bank, Reliant offers a variety of deposit, lending and mortgage products and services to business and consumer customers. For additional information, locations and hours of operation, please visit our website found at www.reliantbank.com.

EN
04/04/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Commerce Union Bancshares Inc (TN)

 PRESS RELEASE

Commerce Union Bancshares, Inc. to Change Name to Reliant Bancorp, Inc...

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Commerce Union Bancshares, Inc. (“Commerce Union”) (Nasdaq: CUBN), the parent company for Reliant Bank, announced today that it will change its name to Reliant Bancorp, Inc. effective December 31, 2017. The change will precede the company’s pending merger with Community First, Inc. (“Community First”), the parent company for Community First Bank & Trust located in Columbia, Tennessee, which is expected to be completed on January 1, 2018. This press release features multimedia. View the full release h...

 PRESS RELEASE

Commerce Union Bancshares, Inc. Declares $0.06 Cash Dividend for Fourt...

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Commerce Union Bancshares, Inc. (Nasdaq: CUBN), parent company of Reliant Bank, announced today that its Board of Directors approved a cash dividend of $0.06 per share. The $0.06 per share dividend is payable on January 20, 2018, to shareholders of record as of the close of business on January 10, 2018. In 2016, Commerce Union paid an annual cash dividend of $0.22 per share. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171221005467/en/ ...

 PRESS RELEASE

Alan Mims Named Chief Credit Officer for Reliant Bank

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Commerce Union Bancshares, Inc. (Nasdaq:CUBN), parent company of Reliant Bank, announced today that Alan Mims will be named Chief Credit Officer of Reliant Bank. He will replace Gene Whittle as Chief Credit Officer, who will retire at year-end 2017. Mr. Mims currently serves as Reliant’s Executive Vice President and Chief Risk Officer. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171218005257/en/ “We are pleased to announce that Alan Mims...

 PRESS RELEASE

Shareholders Approve Proposals Related to Proposed Merger of Commerce ...

BRENTWOOD, Tenn. & COLUMBIA, Tenn.--(BUSINESS WIRE)-- Commerce Union Bancshares, Inc. (“Commerce Union”) (Nasdaq: CUBN), the parent company for Reliant Bank, and Community First, Inc. (“Community First”), the parent company for Community First Bank & Trust, announced today that their shareholders have voted to approve the respective proposals submitted to their shareholders related to the merger of the two companies. The two companies also announced that all regulatory approvals required for the proposed transaction have been received. ...

 PRESS RELEASE

Commerce Union Bancshares Reports Third Quarter Results

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Commerce Union Bancshares, Inc. (Nasdaq: CUBN), parent of Reliant Bank, today announced its results for the third quarter of 2017. Third quarter net income attributable to common shareholders was $1.8 million, or $0.22 per fully diluted share, compared with $2.4 million, or $0.30 per fully diluted share, recorded in the third quarter of 2016. Net income attributable to common shareholders adjusted for purchase accounting items, gains and losses, and merger expenses amounted to $2.1 million or $0.25 ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch