Farm Credit Breaks Ground For New Office In Chattanooga

Thursday, January 23, 2014

Farm Credit Mid-America, an agriculture lending cooperative serving farmers, rural residents and agribusinesses throughout Indiana, Ohio, Kentucky and Tennessee, broke ground for a new office in Chattanooga, at 7605 Hamilton Park Drive. A groundbreaking ceremony was held on Jan. 10, and was attended by local officials, Farm Credit leaders and Farm Credit customers.

“[Farm Credit] is such a vital part of our community, shown by how you continue to grow and participate with us,” said Rick Cadena of the Chattanooga Area Chamber of Commerce. “Oh behalf of the Chamber president and CEO Ron Harr, I would like to proclaim today, Jan.10, as Farm Credit Day.”

Farm Credit moved into its existing Chattanooga office in 2006.

“When complete, the office will be approximately 5,000 square feet with 11 total desk spaces,” said Mike Estes, regional vice president for Farm Credit in central Tennessee. “Our current Chattanooga location is a rented space. The new office will be a permanent investment in this community. We look forward to continuing to grow on the roots we have here in Chattanooga.”

Throughout 2014, Farm Credit will continue to build and renovate offices across its four-state territory. The new Chattanooga Farm Credit office is expected to be completed this summer.

Farm Credit Mid-America is a financial services cooperative, and has served the credit needs of farmers and rural residents across Indiana, Ohio, Kentucky and Tennessee for nearly a century. Backed by the strength of nearly 100,000 customer-members and $20 billion in assets, Farm Credit Mid-America provides loans for real estate, operating, equipment, housing and related services such as crop insurance, and vehicle, equipment and building leases. For more information, call 1-800-444-FARM. 

Supreme Court Determines Rental Car Qualifies As Uninsured Motor Vehicle

The Tennessee Supreme Court has determined that a car rented from a national self-insured car rental agency qualifies as an “uninsured motor vehicle” for purposes of an insurance claim filed by a Williamson County man. This case involves a lawsuit file by Edward Martin after he was struck by a vehicle driven by Gregory Powers, a patron of the bar Mr. Martin owns. Mr. Martin ... (click for more)

Southern Heritage Bank Continues Local Deposit Growth

For the sixth consecutive year, Southern Heritage Bank has grown its market share of deposits in Bradley County, according to the Federal Deposit Insurance Corporation annual summary of insured deposits. Retaining second place, Southern Heritage reported 15.6 percent ($233.7 million) in local deposit market share just behind First Tennessee Bank’s 15.7 percent ($235.1 million).  ... (click for more)

Howard Simmons, 47, Shot And Killed In St. Elmo Monday Morning; Police Interview Person Of Interest

Howard Simmons, 47, was shot and killed in St. Elmo Monday morning. Police said they had interviewed a person of interest in the slaying. Chattanooga Police at 8:30 a.m. responded to a person shot at the 5000 block of Florida Ave. Upon police arrival the victim, Simmons, had already succumbed to his injuries. Ms. Simmons suffered at least one gunshot wound. At this time ... (click for more)

Erlanger To Open Cancer Center On Gunbarrel Road At East Campus

Work is set to begin soon on construction of a new Cancer Center by Erlanger Health System at its Gunbarrel Road East Campus. Erlanger is joining with a development firm, Chatt East 3 LLC of Alabama, on the four-story project located just south of Women's East Hospital on a wooded five-acre tract. Erlanger will be leasing the bottom three floors at a rate of $16.05 per square ... (click for more)

October Is Breast Cancer Awareness Month

Picture a sold-out baseball game at Wrigley Field or Nationals Park packed with 40,000 fans. That image represents roughly the same number of women and men who die from breast cancer each year.  In Tennessee alone, an estimated 900 women will die from the disease in 2016. It is a sad statistic, but there is some good news: thanks to early detection and improved treatments, ... (click for more)

Roy Exum: The Testerman Forum

I badly misjudged how long it would take me to do my “early voting.” I was in-and-out in no time so I got to the Hamilton County School Board’s agenda meeting well enough beforehand to have an “educational forum” with board member David Testerman. If you haven’t noticed, forums and summits and “community enlightenment” groups are the new rage and, as my friend David laughed, “They ... (click for more)