Chattanooga Community Bank Takes Over Gas Station In Nationwide Initiative To Contrast Community Banking From Megabanks

Thursday, August 29, 2013

This week, Capital Bank picked up the tab at a local gas station, personally pumping gas for Chattanooga residents and encouraging consumers to take back their banking from America’s megabanks. Over 30 other community banks and credit unions across the country participated in the national “Take Back Your Banking” initiative.

Officials said, "The event displayed the sense of community and personal touch that the megabanks famously lack. Employees from Capital Bank manned the event by educating consumers on how banking locally fuels the local economy and personally pumping $20 of free gas to the first 200 residents in each city, totaling $4,000.

"Over the past few years, the too-big-to-fail megabanks have introduced new fees, consistently have horrendous customer service, and are widely considered to be the cause of the Great Recession. In partnership with Kasasa.com, participating community banks and credit unions, including Capital Bank, showcased the many benefits they offer; including free reward checking, superior customer service, nationwide ATM fee refunds and no minimum balance requirements."

All 38 gas station takeovers received an overwhelming amount of support. Gas stations saw lines stretching several blocks and some people even camped out overnight to receive free gas. Other participating cities included Dallas, Atlanta, St. Paul, Baltimore, St. Louis and Portland, along with over 30 others.



Alexander Says Bipartisan Bill Will Help Stabilize Individual Health Insurance Market, Then Lower Premiums

Senate health committee Chairman Lamar Alexander announced on Tuesday he and Senator Patty Murray (R-Wa.) have reached a short-term deal to offer bipartisan legislation to stabilize the individual health insurance market and begin to lower the costs of premiums, so all Americans have access to health insurance. “Our legislation is based on the four bipartisan hearings and ... (click for more)

Richard P. McKenney Joins U.S. Bancorp Board Of Directors

U.S. Bancorp announced Tuesday its Board of Directors has elected Richard P. McKenney as a director of the company, effective immediately.   Mr. McKenney, 48, is the president and chief executive officer of Chattanooga based Unum Group, a leading provider of financial protection benefits in the workplace, including disability, life, dental, and voluntary benefits.  ... (click for more)

State Comptroller Says More Control Over Spending Needed At CVB

The state Comptroller’s Office is recommending the Chattanooga Convention and Visitors Bureau (CVB) board of directors take steps to adopt detailed policies concerning how the CVB spends its money.   The Comptroller’s Office has completed a review of Hamilton County’s hotel/motel taxes which are all forwarded to the CVB. The annual report is required by Public Chapter ... (click for more)

County Commission Votes 7-2 For Rezoning For C&D Landfill At Harrison

The County Commission on Wednesday voted 7-2 to approve rezoning for a Construction and Debris landfill at Harrison.  Voting in favor were Greg Beck, Warren Mackey, Sabrena Smedley, Greg Martin, Tim Boyd, Randy Fairbanks and Jim Fields.   Opposed were Chester Bankston and Joe Graham.  Commissioner Boyd said it was just the first step in permitting for ... (click for more)

Vote No On The Rezoning For A New Landfill In Harrison - And Response (3)

County Commissioners, please consider the following facts when voting on the rezoning request for a new privately-owned C&D landfill in Harrison.  Use of this property for a landfill has been rejected by the county three times in the past (1971, 1984 and 2007).  In 1971 and 2007 the County Commissioners unanimously rejected the proposal.  In 1984 the ... (click for more)

Roy Exum: ‘Mom Don’t Have…I Do’

It’s hard to know what goes through the mind of a five-year-old, particularly one who watches her mom go in and out of jail due to drug addiction. But little Sunshine Oelfke is obviously being raised right by her grandmother because the other morning, the five-year-old came into the kitchen before leaving for kindergarten with a baggie full of coins from her piggy bank. “I asked ... (click for more)