CUBN Commerce Union Bancshares Inc (TN)

Reliant Bank Mortgage Services Accelerates Growth Strategy

Reliant Bank Mortgage Services, a division of Brentwood, Tennessee-based Reliant Bank, has announced an expansion of mortgage services in Middle Tennessee with the addition of a mortgage service center in the company’s Brentwood branch and the upcoming launch of the first product in a new line of loan options.

“Following our merger with Commerce Union Bank in 2015, we have continued to establish a larger mortgage presence in Middle Tennessee with the goal of expanding our footprint and product line to build brand awareness for the franchise,” commented Roger Williams, President of Reliant Bank Mortgage Services.

“With the addition of Chris Payne as Regional Sales Manager earlier this year, we’ve seen strong growth in Middle Tennessee and are poised to take advantage of the strength in our real estate market. We also are excited about the addition of Michael Lush to the team to oversee and develop new product lines,” Williams added.

The first in a line of new loan offerings is scheduled to launch later this month and offers what Williams sees as a strong alternative for anyone looking for options beyond traditional mortgages. “We’re seeing a change in the mindset of how lending is done, and that’s a great opportunity to educate consumers about alternative methods to traditional mortgage products.”

About Reliant Bank Mortgage Services

At Reliant Bank Mortgage Services, home is our foundation. Our mortgage professionals have extensive experience providing the best mortgage options for our customers whether they are in the market to buy a new home or just want to lower their monthly payment. Founded in 2006, Reliant Bank Mortgage Services is a division of Brentwood, Tennessee-based Reliant Bank serving the Middle Tennessee market with offices in Hendersonville, Franklin, and Cool Springs. The company also operates a satellite office in Timonium, Maryland. For more information, visit www.reliantbankmortgage.com.

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, Tennessee through its wholly-owned subsidiary Reliant Bank. Reliant Bank is a full-service commercial bank that 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
18/11/2016

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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 ...

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