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.


Grand Celebration Marks Completion Of Coolsprings Galleria

CBL & Associates Properties, Inc. (NYSE: CBL), on Tuesday announced the opening of the redevelopment at CoolSprings Galleria in Nashville (Franklin), Tn. Designed to significantly enhance the offerings at the shopping center, the redevelopment of the former Sears location included adding a new mall entrance as well as retail space for a mix of fashion stores, and fine dining ... (click for more)

Haslam, Boyd Announce Ficosa North America To Build New Facility In Putnam County

Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Ficosa North America officials announced today the company will expand its Tennessee presence by building a new state-of-the-art facility at the Highlands Business Park in Cookeville.  The automotive supplier will invest $58 million in the Putnam County facility and create 550 jobs.   ... (click for more)

Corker Hails Study That Says VW Expansion Could Add 9,800 Tennessee Jobs

Senator Bob Corker on Wednesday said a University of Tennessee Center for Business and Economic Research (CBER) study on the impact the expansion of Volkswagen Chattanooga’s manufacturing facility will have on the economy in Tennessee shows the development is paying off for Chattanooga. According to the study, the expansion could add 9,800 full-time jobs to the Tennessee ... (click for more)

Tram Up 1st Street That Proved A Dud Also Falters At Auction

Most of the 21st Century Waterfront development was a major success. Except for that non-working tram going up the steep hill at First Street. The city has finally given up on the unusual mode of transit and has placed it up for auction. But there were only four bids submitted and the high was only $92.50. The owners of the firm that built the tram, Outdoor Engineers ... (click for more)

The Truth About The Rising Costs To East Ridge On The Fire Hall Property

Re:East Ridge Has To Pay Unexpected $428,000 On Bass Pro Shop Deal   H ere is the truth about this article.    One section of the article says: " Unknown to anybody on the council today, the agreement limited use of the land to a fire hall."     In a letter dated Dec. 15, 2010, Mayor Lambert asked TDOT officials to ... (click for more)

Roy Exum: Is It Ever Worth It?

There is a better-than-average chance General John Kelly could soon be named as the new Commandant of the United States Marine Corps. He’s one of four men who have been mentioned in prudent fashion to follow General Joseph Dunford (remember that name for a few minutes) as head of the Corps. General Dunford, who held the job less than a year, has just been chosen by President Obama ... (click for more)