First Volunteer Bank And Gateway Bank & Trust Become One

Monday, September 17, 2012
Signage has been replaced to reflect the merger of First Volunteer Bank and Gateway Bank & Trust.
Signage has been replaced to reflect the merger of First Volunteer Bank and Gateway Bank & Trust.

First Volunteer Bank and Gateway Bank & Trust finalized their merger over the weekend according to bank officials.  First Volunteer Corporation, parent company for First Volunteer Bank, acquired Gateway Bank & Trust in April.  The merger combines two community-centered banks into one, totaling $880 million in assets with 280 employees and 24 banking offices.   

“Today marks the start of an exciting new era for First Volunteer Bank,” said Patti W. Steele, president and chief executive officer for First Volunteer.  “We are excited to be a part of the growing northwest Georgia market.  Our customers in Ringgold, Fort Oglethorpe and LaFayette will see the same smiling faces they are accustomed to seeing in the branch, and can depend on the same great service, only the name changed.  

“Our approach to banking is pretty simple.  We gather customer deposits in the communities we serve and reinvest those deposits by way of loans to your friends, neighbors and small business owners.  Northwest Georgia deposits will be loaned to customers in our northwest Georgia communities.  In addition, First Volunteer brings additional banking services, a full-service insurance agency, as well as a full-time licensed mortgage banker to help you with purchasing or refinancing a new home.”




Microgrids Hold The Key To Keeping Power Flowing After Disasters, UT Officials Say

Hurricanes cause problems, injuries, and even deaths in a number of ways, not the least of which is failure of the power grid. In the case of Hurricane Maria, for example, the amount of time it took to restore power in the US territory of Puerto Rico became an international story. It was seven months before most power had been restored. Power loss can be life-threatening in ... (click for more)

Unum Expects To Increase Its Long-Term Care GAAP Reserves By $590 Million After-Tax

Unum Group (NYSE: UNM)  announced that it has substantially completed its reserve review for its long-term care block of business, previously referenced in the company’s second quarter    2018 earnings release. Based on its analysis, the company expects to increase its long-term care GAAP reserves in the third quarter of 2018 by approximately $590 million after-tax, ... (click for more)

Soddy Daisy Man And His Sister Arrested In 2015 Murder Of Timothy Stewart

Detectives with the Hamilton County Sheriff’s Office have made arrests in the October 2015 murder of 33-year-old Timothy Brian Stewart, which occurred in the  200 block of Layne Road, Soddy Daisy. On Tuesday, detectives charged Randy Layne, 35, with criminal homicide. Also, Randy Layne’s sister, Kattie Lynn Layne, 32,, is charged with abuse of a corpse and criminal ... (click for more)

Fire Causes $250,000 In Damage To Home On Signal Mountain

Fire damaged a home on Signal Mountain late Tuesday night. At  11:18 p.m., firefighters from Walden’s Ridge Emergency Services (WRES) responded to a house fire on 5011 Anderson Pike. When the first engine arrived on the scene, they reported two vehicles and a portion of the house were on fire. WRES immediately requested a mutual aid response for supporting fire ... (click for more)

Arming Teachers With Guns Will Be Too Dangerous

Arming teachers with guns in the classroom, as Bill Lee proposes, would be the single most dangerous thing to happen to students in Tennessee history. Students and teachers in close proximity to loaded firearms daily? Across this state, in middle schools alone, there are probably hundreds of student/teacher conflicts a day. What if a student got hold of gun in a struggle with ... (click for more)

Roy Exum: Who Is This ‘New Voice’?

It’s easy for me to say that I either know, or know about, almost every person running in November for the state legislature. Yet when I describe Lemon Williams as the most exciting of the bunch, that’s because he's the only guy I had never heard of when he picked up his qualifying papers. He just turned out the best political aspirant I have had a conversation with in the last ... (click for more)