Reliant Bancorp

Reliant Bancorp
Public
Traded as NASDAQ: RBNC
Russell 2000 Component
Founded 2006
Headquarters 1736 Carothers Parkway, Brentwood, Tennessee, United States
Key people
 Charles T. Beasley (Chairman)
Ron DeBerry (CEO & President)
Total equity $256 million (2018)
Website reliantbank.com
commerceunionbank.com

Reliant Bancorp, Inc, formerly Commerce Union Bancshares, is an American financial corporation based in Brentwood, Tennessee, USA.[1] It is listed on the NASDAQ.[1][2] It controls a subsidiary, Reliant Bank, a commercial bank.[2][3]

History

Commerce Union Bancshares was founded in 2006, operating as Commerce Union Bank.[4] Its Chairman is Charles T. Beasley and its Chief Executive Officer and President, Ron DeBerry.[5]

The corporation acquired Reliant Bank through a merger in 2014.[4][6] By September 2015, it announced it would use the brandname of Reliant Bank to avoid confusion with a defunct Nashville-based bank named Commerce Union Bank which later merged with Bank of America.[7] Additionally, it announced its headquarters would move from Springfield, Tennessee to Brentwood, a suburb of Nashville, Tennessee.[7]

Reliant Bancorp has been a public corporation listed on the NASDAQ on July 7, 2015.[8]

References

  1. 1 2 "Commerce Union Bancshares Inc". Bloomberg Business. Retrieved November 15, 2015.
  2. 1 2 "Commerce Union Bancshares Inc". MarketWatch. Retrieved November 15, 2015.
  3. ↑ "Company Overview of Commerce Union Bank". Bloomberg Business. Retrieved November 15, 2015.
  4. 1 2 De Lombaerde, Geert (April 28, 2014). "Commerce Union, Reliant merging: Combined bank to have $650M+ in assets, be led by DeBerry". NashvillePost.com. Retrieved November 15, 2015.
  5. ↑ "Meet Your Bankers". Commerce Union Bancshares. Retrieved November 15, 2015.
  6. ↑ De Lombaerde, Geert (April 10, 2015). "Commerce Union execs saw raises grow in runup to merger: Bank, Reliant recently completed deal creating $750M institution". NashvillePost.com. Retrieved November 15, 2015.
  7. 1 2 Harrison, Scott (September 2, 2015). "Commerce Union adopts younger bank name as it plots expansion". Nashville Business Journal. Retrieved November 15, 2015.
  8. ↑ Harrison, Scott (July 7, 2015). "Venerable name in Nashville banking goes on the Nasdaq today". Nashville Business Journal. Retrieved November 15, 2015.
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