Our Carthage Is Officially Open
We hosted a ribbon cutting and grand opening celebration at our new branch, a full service banking facility, in Carthage on Friday, August 30, announced Tom Paschal, the bank’s Middle Tennessee chairman and a native Smith County resident. “We have a great location in the heart of the community across the street from the Smith County Chamber at 936 Upper Ferry Road in Carthage,” he added.
“I am proud to introduce our banking team. All are residents of Smith County and include Sherry Slagle Mercer, universal banker, Corey Carver, universal banker, and Lois Vance, universal banker,” said Michael Nesbitt, branch manager for the new office. “Rounding out our team are BankTennessee directors and lifelong Carthage area residents and businessmen Tom Paschal, Alex Richmond, and Larry Wilkerson.”
Since joining BankTennessee in 2018 at the Lebanon office, Michael Nesbitt has over 30 years professional experience in the community. After nearly a decade of success in owning and operating a small auto parts business, Nesbitt transitioned into the banking industry as a branch manager and loan officer with Cumberland Bank in 1995. In September 2002, he was elected as mayor for Smith County for four consecutive terms. He is married to Leyanne Nesbitt. The couple has 3 children and a grandson.
Sherry Mercer began her career at GreenBank in Carthage in 2007 and later went to work for BankTennessee in 2010 and has worked as a teller, customer service representative and loan processor. Married to Chris Mercer, the couple lives in South Carthage.
Corey Carver, an Elmwood resident, recently joined the bank as a universal banker. He graduated from Tennessee Tech with a business degree in 2013. He previously worked for Sanderson Funeral Home. He is married to Haley Carver.
Lois Vance, a Carthage resident, has over 28 years of experience in banking. She has worked as a teller, customer service representative, personal banker, business banker and commercial lender. Married to Joe Vance, the couple lives in Carthage.
Located on a 1-acre site, the new BankTennessee office is 2,782 square feet and mirrors the design of the bank’s branch in Lebanon. Bouton Engineering in Cookeville, Tennessee is the architect, and the building contractor is Beasley Construction Company in Hartsville.
[Photo of the team in front of the new office is attached. Pictured left to right is Larry Wilkerson, bank director, Michael Nesbitt, branch manager, Corey Carver, universal banker, Sherry Mercer, universal banker, Lois Vance, universal banker, Tom Paschal, BankTennessee director and Middle Tennessee chairman, Alex Richmond, bank director, and Brad Houser, Middle Tennessee president.]
Founded in 1934 as First Federal Savings and Loan Association, it was established by Memphis, Tennessee area bankers and businessmen who were committed to personally serve the community.
In 1992, the institution was acquired by a small group of local investors and became known as First Federal Bank, FSB. The bank changed its name to BankTennessee and converted to a state-chartered institution in June 1997.
Headquartered in Collierville, Tennessee, BankTennessee has 9 retail banking offices with 7 in West Tennessee including Collierville, East and Downtown Memphis, Germantown, Ripley, Munford. In Middle Tennessee, the bank has offices in Lebanon and Carthage.
“We take banking personally and are committed to providing a personal level of service where our customers matter. It’s a philosophy that has worked for us since our bank was founded in Memphis in 1934, more than 80 years ago. We attribute our success to our personnel and local communities we support,” said Jim Rout, chief executive officer and president of the bank.”
As of June 30, 2019, BankTennessee had $309,482,184 in assets. The bank offers a full range of financial products and services including personal and business checking accounts, mobile banking, online banking, mortgages, home equity lines of credit, custom construction loans, commercial and consumer loans, treasury management, remote capture and merchant card services.