CapitalMark Awarded 12th Consecutive 5-Star Rating

Thursday, May 08, 2014

CapitalMark Bank and Trust was once again awarded a 5-Star Superior Rating from independent rating and research firm BauerFinancial, Inc, marking the twelfth consecutive quarter to earn this honor. BauerFinancial uses metrics to analyze the strength, soundness and performance of U.S. banks and credit unions. Five-Star ratings are only awarded to institutions that are considered to be the strongest in the nation, said officials. 

Banking Group President Kenny Dyer states, “CapitalMark’s unique banking model and highly experienced banking teams continue to produce strong results and gain positive feedback from clients. Our clients appreciate the One Banker, One Bank model, which assigns every client a dedicated banker team to handle all of their banking needs. Additionally, CapitalMark’s low brick-and-motor structure is extremely efficient as we bring banking to our clients with technology and couriers.” 

This year, CapitalMark hired a new banker team for the Chattanooga market consisting of veteran bankers Bryan Fryar, Chris Ramey and Jennifer Mount and closed the first quarter with a record $882 million in total assets. Mr. Dyer continued, “We continue to expect strong results and remain positioned for future growth as we approach $1 billion in total assets.” 



New And Used Vehicle Sales Drop In August

New vehicle sales in Hamilton County dropped to 1,025 in August, and used vehicle sales dropped to 3,315, according to figures from the County Clerk's office. That compares to 1,031 new vehicles and 3,491 used vehicles the previous August. Totals for August included 430 new cars and 595 new trucks sold. They included 1,754 used cars and 1,561 used trucks sold. (click for more)

Wayne Price Joins Barge Waggoner Sumner And Cannon

Barge, Waggoner, Sumner and Cannon, Inc. announced that Wayne Price, PE, CCS, joins the firm as director of production quality. His primary responsibilities will be updating, expanding, implementing and monitoring the Barge Waggoner Quality program across all Business Practices and all offices. “Wayne’s experience in procuring and administering construction contracts, as well ... (click for more)

Rhasean Lowry, 34, Charged In Death of 3-Year-Old Girl

Rhasean Lowry, 34, was arrested for abusing a three-year-old girl, and then criminal homicide after she died. Last Tuesday, the Chattanooga Police Department was called on a suspected child abuse case. Lowry took the victim to a local hospital and he stated the victim fell down steps. Doctors advised that the victim’s injuries were the result of blunt force trauma consistent ... (click for more)

City IDB Member Who Made Motion For $9 Million Black Creek TIF Had Not Lived In City For Years

A City Industrial Development Board (IDB) member who made the motion to approve a controversial $9 million Black Creek Tax Increment Financing (TIF) had not lived in the city for years, City Attorney Wade Hinton confirmed. Chris Ramsey, a BlueCross BlueShield official, was not present at an IDB meeting on Tuesday morning. Five other board members were. Citizen Helen Burns ... (click for more)

Decimating The Chattanooga Public Library

Corinne Hill claims that the library is just undergoing a normal weeding process for eliminating books.  She has bragged that she's responsible for the elimination of over 100,000 books - with more to go. "Normal" weeding is not rampant throwing away.  Yes, books go to the Friends for their sale - where they get $2 for a $75 book and thousands wind up being recycled ... (click for more)

The Many Lessons I Learned From Helen McDonald Exum

Helen McDonald Exum was my friend and mentor. As I think of her passing I can only imagine the celebration that is happening in heaven as the news of her arrival is being told. I am sure that there is a party that not only has she organized but that there is not a detail that has been left to chance. I am sure that it is the grandest of events, for you see, she has been planing ... (click for more)