CapitalMark Awarded 12th Consecutive 5-Star Rating

Thursday, May 8, 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.” 

The Urban League Of Greater Chattanooga Is Awarded $500,000 Grant

The National Urban League awarded funding to seven Urban League affiliates nationwide aimed at empowering and providing workforce development services to young adults between the ages of 18-24 who have criminal records. The Urban League of Greater Chattanooga Area is one of the seven affiliates to be awarded a 3-year Urban Youth Empowerment Program grant in the amount of $528,624. ... (click for more)

Tennessee Clean Energy Conference Scheduled For Dec. 14-15

“The Future Energy Revolution NOW” is the theme of the Annual International Conference at Tennessee Technological University in Cookeville, Tn, on Monday and Tuesday, Dec. 14 - 15. Billed as “Tennessee’s Clean Energy Conference,” it brings together industries, governmental entities, energy producers and distributors, university leaders, and the general public to discuss the future ... (click for more)

Larry Schumacher Named Chief Executive Officer Of CHI Memorial

The board of directors of CHI Memorial and Catholic Health Initiatives (CHI) have chosen Larry Schumacher as the chief executive officer (CEO) of CHI Memorial effective Jan. 4, 2016 . Mr. Schumacher comes to CHI Memorial from Hospital Sisters Health System (HSHS) based in Springfield, Illinois where he served as system chief operating officer for the past eight years.  ... (click for more)

Chattanooga Under Flood Watch Through Wednesday

With a steady rain set to continue through Wednesday, Chattanooga is under a flood watch. Over four inches of rain are expected in some areas. Here is the advisory from the National Weather Service: ...LOCALIZED FLOODING POSSIBLE ACROSS EAST TENNESSEE AND SOUTHWEST VIRGINIA THROUGH WEDNESDAY MORNING... .THE COMBINATION OF DEEP SUBTROPICAL MOISTURE AND A SLOW MOVING FRONTAL ... (click for more)

City Council, Please Reconsider On The 7-Story Apartment Variance

I would like to thank the Regional Planning Commission and the Regional Planning Agency   for denying the recent application for a variance from the current zoning requirements in place for the 1200 block of Cowart Street. The developers want to build a 7-story parking deck with 141 efficiency and one-bedroom apartments wrapped around three sides in an area with a 48' height ... (click for more)

Roy Exum: My Garden In December

As the fallen leaves confirm today is the first of December, my monthly walk in life’s garden is more foggy than fun. In much-older times, good children would get a piece of candy on Christmas Day while bad ones would receive a lump of coal. So here are some things that deserve a helping of both: A PIECE OF CANDY to the amazingly few who can spy a nest of mistletoe high in area ... (click for more)