McClure Joins Planters to Lead Info Systems TeamSeptember 3, 2013
Planters Bank announces the addition of Bruce McClure as VP/Manager Information Systems. McClure replaces former VP/Information Technology Manager Kevin Hight, who returned to school after working a 16-year stint with Planters.
McClure is an experienced information technology executive, program/project manager and diagnostics specialist. For the past seven years, he worked as VP/Chief Information Officer at FNB Bank in Mayfield, Ky. Prior to that he worked as IT Manager at Sportable Scoreboards in Murray, Ky.
“We pride ourselves on being one of the most technologically innovative banks our size and in our market,” said President/CEO Elizabeth McCoy. “Bruce has a wealth of very specialized experience, and we are so happy to have him in this crucial position.”
McClure received a degree in electronic engineering from the Institute of Electronic Technology. He also completed the Bank Technology Management School at the Graduate School of Banking in Madison, Wis. He enjoys web design/development and graphic design. He has been married for 12 years and has a 6-year-old daughter.
Founded in 1996, Planters Bank is headquartered in Hopkinsville, Ky. The bank maintains seven additional offices in Western Kentucky, plus five offices and a mortgage office in Clarksville, Tenn.
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CEO Elizabeth McCoy Named Chair-Elect of the Kentucky Chamber of CommerceJuly 24, 2013
The Kentucky Chamber of Commerce Board of Directors has named Planters Bank, Inc. President and CEO Elizabeth McCoy chairwoman-elect of the state's leading business organization. McCoy, of Hopkinsville, will begin her year leading the state's top business organization in October after the chairmanship of Jim Booth, president of Booth Energy, expires.
"Elizabeth has demonstrated outstanding leadership during the past few years," said Kentucky Chamber President and CEO Dave Adkisson. "It's no surprise that her peers elected her to such a prestigious position in the state's largest business organization."
McCoy's new role with the Kentucky Chamber comes after the resignation of chair-elect Mary Pat Regan, former president of AT&T Kentucky, who recently relocated to Chicago after being appointed assistant vice president of national regulatory AT&T services. Wil James, president of Toyota Motor Manufacturing of Kentucky, was elected to serve as chair-elect when McCoy begins her term as chairwoman in October.
The Kentucky Chamber's 60-member board of directors represents a cross-section of Kentucky business and industry leaders. A full board listing can be found at on the Kentucky Chamber's website.
The Chamber represents thousands of Kentucky companies, ranging in size from large corporations to small businesses. The organization also consistently ranks as one of the state's top spenders on lobbying efforts during the Kentucky General Assembly.
Jake Pepper to Manage Princeton BranchMay 6, 2013
Planters Bank announces the addition of Jason "Jake" Pepper as branch manager at the bank's Princeton Office, 208 North Jefferson Street.
A Princeton native, Pepper recently returned to his hometown after graduating from Kentucky Wesleyan College in Owensboro, Ky. where he received a B.S. in Business Administration and played football.
Pepper, the son of Chad and Michelle Pepper, looks forward to getting more involved in community activities and civic organizations. "Princeton is in my blood, I love it here," he said.
"We are thrilled to have Jake join our team," said CEO Elizabeth McCoy. "His love for the Princeton community is obvious, and we look forward to him carrying on the strong Planters' tradition of community involvement."
In his spare time, Pepper enjoys the outdoors, golf and fishing. He is a member of Central Presbyterian Church.
Founded in 1996, Planters Bank is headquartered in Hopkinsville, Ky. The bank maintains seven additional offices in Western Kentucky, and five offices plus a mortgage office in Clarksville,Tenn.
Planters Bank Welcomes Randy Fletcher, Brandi AlexanderMarch 14, 2013
Planters Bank is pleased to announce the addition of Randy Fletcher as VP of Commercial Lending and Brandi Alexander as Community Reinvestment Act officer.
Fletcher has 32 years of experience in the banking industry, including five years with the First National Bank in McMinnville, Tennessee, working as a commercial lender, chief credit officer, and president/chief operating officer. Previously, he had worked in collections, credit administration, branch management and commercial lending.
He received degrees in business administration and physical education from Trevecca Nazarene University in 1976 and is married with five children. He enjoys bicycling and Civil War history.
Fletcher is will work from the bank's downtown Clarksville office at 325 Commerce Street.
"Randy's experience is broad and extensive. He will prove a fantastic addition to our Clarksville staff," said Planters Bank President and CEO Elizabeth McCoy.
As CRA Officer, Alexander will monitor how the bank is meeting the needs of borrowers in all segments of the communities it serves. She is a Hopkinsville native with 16 years of banking experience. She received an A.A. from Hopkinsville Community College and a B.S. in Administrative Science from Murray State University in 2002. Most recently, she worked as compliance officer at Bank of Cadiz.
Alexander currently serves as president of the PTO at University Heights Academy and is part of the 2013 Leadership Hopkinsville class. She is an associate member of the Hopkinsville Junior Auxiliary and previously served on the United Way of the Pennyrile Campaign Cabinet. She is a past recipient of theUnited Way's J. William Flowers Award.
She is a member at First United Methodist Church and enjoys painting, interior design and music. She and husband Jamie have one son, Ethan.
"Brandi is undertaking a very important and needed role for us. She is an excellent addition to our banking staff," said McCoy.
Planters Bank Supports NEMS Robotics TeamFebruary 12, 2013
Representatives from Planters Bank recently presented a check to the Northeast Middle School robotics teams.
The Northeast Electric Eagles Gold First LEGO League (FLL) robotics team recently won the First Place Champion’s Award and the Blue FLL team won the Robotic Programming Award at the West Tennessee State Championship held at the University of Memphis on December 8, 2012. FLL teams from across West Tennessee competed in the areas of Core Values/Teamwork, Presentation/Project and Robot Design and Game. The theme for this year’s FLL challenge was Senior Solutions, which challenged teams to improve the quality of life for seniors to help them remain independent, engaged, and active. The Electric Eagles competed with 26 other FLL teams to win an invitation to the North American FLL Open Invitational Tournament May 17-19, 2013 at LEGOLand California.
Notice of Expiration of the Temporary Full FDIC Insurance Coverage for Noninterest-Bearing Transaction AccountsDecember 17, 2012
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) will no longer receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000) for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest bearing transaction accounts, visit www.fdic.gov.
Planters Bank Partners with Inova Payroll TMNovember 8, 2012
Planters Bank announces a partnership with Inova Payroll, the largest Tennessee-based payroll service provider of payroll, HR and tax filing solutions. As part of its suite of business services, Planters' business clients will now have access to payrolland HR solutions utilizing convenient, state-of–the-art, single database technology.
"Planters Bank is committed to building and maintaining strong relationships with our business customers by offering them products and services designed to help them succeed," said Elizabeth McCoy, President and CEO of Planters Bank. "Inova Payroll'ssmart integrated technology, commitment to personalized, high-touch customer service, and local roots make them an excellent choice to support our business clients' administrative operations."
"We are extremely pleased that Planters Bank has selected Inova Payroll as their preferred partner to deliver payroll and tax filing solutions to their business clients," said Farsheed Ferdowsi, CEO of Inova Payroll. "Outsourcing payroll and HR services with Inova Payroll is a smart choice that reduces costs, risks and workload and gives business owners more time to focus on growing their business. To help businesses succeed, we offer a 3-year price guarantee, so businesses don't have to worry about price increases for three full years."
About Planters Bank — Planters Bank is an FDIC-insured community bank with assets totaling $677 million at June 30, 2012. The bank was founded in 1996 in Hopkinsville, Kentucky and expanded into neighboring Clarksville, Tennessee in 2002. The bank offers a complete range of consumer and business banking services with three branches in Hopkinsville and five, along with a mortgage office, in Clarksville. The Bank recently announced plans to acquire five branches of Old National Bank inWestern Kentucky.
About Inova Payroll: Inova Payroll offers a complete line of smart payroll and HR solutions for companies of all sizes. Combining innovative, state-of-the-art technology with our earnest commitment to high-touch customer care, Inova Payroll sets a new standard in customer satisfaction. Our impressive suite of services encompass one-database payroll and HR solutions, nationwide tax filing, Pay-As-You-Go Workers' Comp, 401(k), Time & Attendance, Group Health Insurance, Section 125 Plans, PayCards, HR Support and more. For more information, call 615-921-0600 or visit www.inovapayroll.com.
Planters Adds Two OfficersOctober 25, 2012
Planters Bank announces the addition of Dan Billingsley as vice president/senior credit analyst and Derrick Quarles as banking officer.
Billingsley brings more than 20 years of banking experience to Planters, where he will manage the credit department. He most recently worked as senior portfolio manager for commercial banking at First Tennessee Bank. He is a 1990 graduate of David Lipscomb University with a B.S. in Finance/Economics.
Billingsley is an active member at Dalewood Baptist Church in Nashville where he is a deacon, on the finance committee and in the choir. He is also involved in the church's Celebrate Recovery program. He is married and has two preschool-aged children.
Billingsley will split time equally between Clarksville and Hopkinsville.
As banking officer, Quarles' primary role will be consumer lending. The Hopkinsville native joined Planters from Martinrea International, where he worked as a quality technician for the past 12 years. He received a B.A. in Business Administration with marketing emphasis from Transylvania University in 1996.
Quarles graduated from University Heights Academy (UHA) in 1992, where he was a member of the KHSAA boys' state championship basketball team. He currently serves as UHA's assistant boys' basketball coach. He is currently stationed at the 4195 Fort Campbell Blvd. branch in Hopkinsville.
Founded in 1996, Planters Bank maintains three offices, including its headquarters, in Hopkinsville, Ky., and five offices plus a mortgage office in Clarksville, Tenn. The bank recently announced plans to acquire five branches of Old National Bank in western Kentucky.
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Planters Donates to Cindy Harvey Memorial Scholarship Endowment FundOctober 2, 2012by Charles Booth
On a rainy Monday morning, members of the Harvey family gathered in the lobby of Planters Bank on Commerce Street. Thats where their beloved mother and wife Cindy Crutcher Harvey worked as vice president of cash management before she passed away in February 2010.
After her death, the family created the Cindy Crutcher Harvey Endowed Scholarship at Austin Peay State University, to give deserving students an opportunity to earn a college education. On that Monday morning, Harveys former employer, Planters Bank, made a major contribution to the endowed scholarship.
Cindy worked at our bank and was a good friend to a lot of us that worked here, President Elizabeth McCoy said. We wanted to support her memory and family.
Harveys husband Todd, her son Jon and her daughter Ashley attended the check presentation, as did Harveys parents Jon and Anne Crutcher. Suzanne Langford, senior vice president of commercial lending at Planters Bank and friend of Cindy Harvey, was also present.
This is tremendous, Todd Harvey said. She made some lifelong memories here and lifelong friends. They were awfully good to her. She had pleasant memories working with the bank, and we are tickled to death that they were able to do this.
We appreciate this very much, Anne Crutcher added.
McCoy presented the check for a large, unspecified amount to Roy Gregory, director of the APSU Advancement Office. He reminded the family and friends that Harveys legacy would continue with this scholarship.
The great thing about endowed scholarships is that they last forever, he said. The persons memory goes on forever. And we have a huge need for scholarships at Austin Peay. Our students borrow more than $60 million a year to go to school, which is enormous.
After the check presentation, the Harvey family and bank employees lingered in the lobby reminiscing and avoiding the rain outside. Jon Crutcher, Cindys father, mentioned that hes particularly happy her memory is tied to Austin Peay because their family has a connection to the University. His brother, Brian Crutcher, served for several decades as a professor of education at APSU.
To contribute to the Cindy Crutcher Harvey Endowed Scholarship or to learn more about creating a similar legacy, contact the APSU Advancement Office at firstname.lastname@example.org, 221-7127 or Box 4415, Clarksville, TN 37044.
Planters Bank Adds McGahey to Commercial DivisionAugust 30, 2012
Planters Bank announces the addition of Hayse McGahey as vice president of commercial banking. He will be working from the bank’s downtown Clarksville office at 325 Commerce Street.
McGahey has worked in both consumer and business banking in the Nashville area since 1989. He spent eight years at what is now Bank of America, followed by 13 years at what is now Regions Bank. Most recently he was a business banker with First Tennessee where he worked in lending, deposit management, and treasury/cash management for a diverse array of small business customers.
McGahey has been actively involved in Kiwanis and the Nashville Chamber of Commerce and is eager to participate in Clarksville-area organizations. He is an active member at First Methodist Church in Springfield, Tenn and participated in a mission trip to Guatemala this past summer. He graduated from the University of Alabama in 1988 with a B.S. in Business and is married with two children, ages 12 and 15.
Headquartered in Hopkinsville, Kentucky, Planters Bank maintains three offices in Hopkinsville and five offices plus a mortgage office in Clarksville. The bank recently announced plans to acquire five branches of Old National Bank in western Kentucky.
Planters Bank Announces Plans to Purchase Five Old National Bank BranchesAugust 16, 2012
Planters Bank announces its intention to acquire five Old National Bank branches in Princeton, Providence, Dawson Springs, Sebree, and Sturgis, Kentucky. In connection with the acquisition, Planters is assuming all of the deposit liabilities of the branches, but is not acquiring any loans. The total deposits being assumed were approximately $92 million as of August 1, 2012.
Plans call for the transaction to be complete within 90-120 days, subject to regulatory approval and the satisfaction of other customary closing conditions.
"Planters' growth has been strong and steady over these past 16 years," says President and Chief Executive Officer Elizabeth McCoy. "This opportunity to expand our presence further into Western Kentucky is a positive move both for the bank and these five communities."
Planters Bank is an FDIC-insured community bank with assets totaling $677 million at June 30, 2012. The bank was founded in 1996 in Hopkinsville, Kentucky and expanded into neighboring Clarksville, Tennessee in 2002. The bank offers a complete range of consumer and business banking services with three branches in Hopkinsville and five, along with a mortgage office, in Clarksville.
Personal Payment Service UpgradedJune 12, 2012
The online banking personal payments service was successfully upgraded over the weekend. We've combined the best features of ZashPay with the Popmoney® personal payment service, and upgraded your ZashPayprofile automatically.
Popmoney is full of new features and part of an even larger nation-wide payment network. Popmoney makes it easy for you, your friends, and family to send and receive money with just a few easy steps.
Use Popmoney to pay anyone you know or owe. In just a few easy clicks you can send money from and receive money directly to your Planters Bank account. Pay your rent or send money to your kids away at college – it's safe and secure and all you need is an email address or mobile phone number.
If you have any questions or concerns or want to learn more about the exciting changes the new Popmoney brings please visit our Popmoney FAQ site or contact our customer support team at 888-806-7036 or email email@example.com to learn more.
Luther Graduates from LSU Banking SchoolJune 12, 2012
Planters Bank Vice President of Commercial Banking Kyle D. Luther was among the 160 graduates on June 1, 2012 of the Graduate School of Banking at Louisiana State University. The three-year program provides courses in all aspects of banking, economics and related subjects. Students traveled from 20 states and Mexico to participate in the session.
The intensive three-year program includes 180 hours of classroom instruction, 30 hours of reviews, and final examinations at the end of each session. Faculty consists of bankers, business and professional leaders, and educators from all parts of the U.S.
Luther joined Planters Bank in March of 2003 as a credit analyst and was later promoted to vice president of commercial banking. He works from the bank's Commerce Street office at 325 Commerce Street.
Headquartered in Hopkinsville, Planters Bank maintains three full-service offices in Hopkinsville and five full-service offices plus a mortgage office in Clarksville.
Medvecky, Vinson Promoted to AVPJune 11, 2012
Planters Bank announces the promotion of Emily Medvecky and Amanda Vinson to assistant vice president/commercial banking.
Medvecky joined Planters Bank as a teller in May 2003. She worked as a customer service representative and credit analyst, then was promoted to commercial banking officer in January 2009. A native Clarksvillian, Medvecky graduated from Montgomery Central High School and received a B.B.A. from Austin Peay State University in 2003. She is married to Josh and they have a two-year-old daughter, Kate. She is a 2011 Leadership Clarksville graduate, chairs the Corporate Committee of the Mayor's Fitness Council, and serves on the Budget & Allocations Committee of the United Way. She previously served on the executive board of the Junior Auxiliary and is a member of Salem United Methodist Church.
Medvecky works from the bank's Commerce Street branch at 325 Commerce Street, Clarksville.
Vinson joined Planters Bank in January 2005 as a customer service representative and was later promoted to credit analyst and senior credit analyst. She previously worked at AmSouth Bank and Cumberland Bank and Trust. Vinson graduated from Houston County High School and received a B.B.A with a concentration in Finance from Austin Peay State University in 2002. She is married to Dane. Vinson served as a ChamberAmbassador for two years and is currently treasurer and on the executive board of the Junior Auxiliary. She participates in the annual March of Dimes March for Babies and actively supports Bikers Who Care.
Vinson works from the bank's main office at 1312 S. Main Street in Hopkinsville and the Commerce Street branch at 325 Commerce Street in Clarksville.
"Both of these ladies have been with Planters Bank for several years now and have diligently worked from entry-level roles to commercial bankers. We are proud to have them on our team and appreciate their dedication," said President and CEO Elizabeth McCoy.
Online Banking Adds New FeaturesApril 3, 2012
Two new online banking features give customers an array of new options. If you don't already use online banking, now is a great time to get started!
With Event Manager, customers can set up alerts for checks cleared, deposits, and other items. Alerts can be received through a PC, cell phone or virtually any browser-based mobile device.
Activity Manager expands the transaction history and enables you to assign categories and descriptions to transactions. Transactions can be exported to accounting and tax preparation programs.
To set up online banking, just click the "First Time User" link on the home page, or your branch CSR is always glad to help.
Planters Adds Two to Commercial & Ag Lending DivisionMarch 19, 2012
Planters Bank announces the addition of John Bartee, Jr. of Clarksville, Tenn. and Steven Graham of Morgantown, Ky. as vice presidents of agriculture and commercial lending. Both are initially working in the bank's main office at 1312 South Main Street in Hopkinsville, but Bartee will transition to Clarksville's Rossview office at 495 Dunlop Lane in the next few months.
Bartee received a B.S. in Ag Communications from Austin Peay State University in 1992, and an M.S. in Animal Science from Murray State in 1993. He is currently co-chair of the APSU School Farm Advisory and Farm Capital Campaign committees, as well as former committee chair for the Clarksville Area Better Beef 4-H Steer Show. He is a graduate of Leadership Clarksville and Leadership Robertson County. Bartee previously worked as executive vice president of theTennessee Cattlemen's Association, and most recently as financial services officer for Farm Credit Services of Mid-America in Robertson County.
Steven Graham graduated from Western Kentucky University in 1993 with a B.S. in Business Management. He is the current president of the Butler County High School Baseball Booster Club, a member of the Morgantown Chamber of Commerce, and a graduate of Leadership Butler County.
Graham worked at PBI Bank in Morgantown, Ky. for the past 14 years, where he most recently served as community president. Prior to that, he worked at Farm Credit Services of Mid-America in Bowling Green.
"Both of these gentlemen bring a wealth of experience in agricultural lending to Planters Bank and we are absolutely thrilled to have them join our team," said President and CEO Elizabeth McCoy.
Headquartered in Hopkinsville, Planters Bank maintains three offices in Hopkinsville and five offices plus a mortgage office in Clarksville.
Planters Receives Top Honor from United WayMarch 14, 2012
Planters was recognized by United Way of the Greater Clarksville Region as the recipient of the 2011 Ben C Parks Award. This is the top award for the best workplace campaign. Special thanks to our campaign coordinator, Rita Berman, whose leadership is vitally important each year. SVP Suzanne Langford serves on the United Way Board of Directors and her leadership and dedication to this very worthy cause is also to be commended.
(Photo from The Leaf Chronicle.)
Planters Bank Announces PromotionsJanuary 31, 2012 / rev. April 30, 2012
Planters Bank is pleased to announce the following promotions:
Stacey Wenzler, assistant vice president and branch manager at the bank's Rossview office, was promoted to vice president. Wenzler has served in various positions since joining Planters Bank in 2002.
Kyle Higgins, banking officer and branch manager at the Fort Campbell Boulevard branch in Hopkinsville, was named assistant vice president. Higgins joined the bank in 2001.
Planters Bank provides eight full-service banking locations in Clarksville and Hopkinsville with a mortgage office on Wilma Rudolph Blvd.
Planters Donates to Rossview SchoolsJanuary 30, 2012
Planters Bank presented checks to Rossview Elementary, Middle and High Schools on Monday, January 30.
With the opening of the Rossview Branch in August, 2011, the bank committed to donate $10 for each new account opened August 1, 2011-May 31, 2012. The January payment reflected accounts opened through December 31.
Rossview Branch Manager Stacey Wenzler presented the checks to middle school Assistant Principal Jerry Crawford and High School Librarian Valerie Meadows and Assistant Principal Schanda Dowdy.
iDeposit Lets You Deposit Checks From Home or OfficeDecember 21, 2011
Planters Bank is pleased to offer customers the opportunity to deposit checks from your home or office–without a trip to the bank!
Using a supported scanner, simply scan both sides of the check. The dollar amount is read and a deposit transaction is created. Funds are deposited into your account during regular business hours.
In addition to convenience, "iDeposit" saves you time and travel, giving you access to your money faster. The iDeposit software is safe and completely intregrated with the bank's security system.
Watch the iDeposit Demo for details. Any of our friendly customer service representatives will be happy to help you get started.
UChoose Rewards® Program Now Offers Cash OptionDecember 13, 2011
Planters Bank's popular UChoose Rewards® program now offers the option to redeem points for cash. So, in addition to a variety of products, travel, activities and event tickets, program participants can now choose to receive cash.
Earn points as always -- simply use your Planters Bank VISA® check card and choose "credit" anywhere you make purchases. You'll earn one reward point for every $2 spent. You can also link together multiple Planters Bank accounts to earn points and rewards faster.
Cash rewards are available in multiples of $25 beginning at 2,500 points. Product and travel rewards are eligible beginning at 1,500 points. Redeem them as often as you like up to 100,000 points or $1,000 per year. Cash rewards will be deposited directly into your Planters Bank checking account.
Register for UChoose Rewards® at www.uchooserewards.com.
Planters Bank Gives Arts & Education Center a Major BoostOctober 5, 2011
Planters Bank will contribute $60,000 toward the Roxy Center for Arts & Education building fund over the next few years for Box Office Naming Rights.
"We are extremely excited to have Planters Bank join us in this venture and hope they serve as a catalyst for other businesses in making this dream a reality," says Tom Thayer, Executive Director of the Roxy Regional Theatre.
The Center will include a 500-seat auditorium, along with ample space for galleries, dance and artist studios, and parking.
"Supporting the arts is part of supporting the community," said Planters Bank Senior Vice President Suzanne Langford. "The Roxy is a wonderful asset – because of the tremendous talent it brings into the community and the many educational opportunities for children – and it's time to upgrade the facility to an exceptional level."
To date nearly $500,000 has been given or pledged toward the building fund, says Roxy Director of Fundraising and Development Ryan Bowie. The new Center has an estimated price tag of $15 million.
"We're creating a wide spectrum of opportunities to involve as many people in the community as possible," he explained. "We have a 'Pennies for Plays' collection in most of the local elementary schools, 'fun-raisers' in conjunction with many of our performances, and corporate partners like Planters Bank, so there are lots of ways to get involved and help make this vision a reality," says Bowie.
For more information about the Roxy Regional Theatre or the Roxy Center for Arts & Education, please call 931-645-7699 or visit www.roxyregionaltheatre.org.
Planters Announces Rossview Branch OpeningJuly 10, 2011
Clarksville, TN – Planters Bank announces the opening of a new full-service branch at 495 Dunlop Lane, adjacent to Gateway Medical Center, on Tuesday, July 12.
“The Rossview/Dunlop Lane area has been a target of ours for quite some time and we are thrilled to finally be open here,” said CEO Elizabeth McCoy . “We’ve had tremendous success in the Clarksville market these past eight years and expect our growth to continue. Our branch staff will be active in the community, just as we are at all of our locations, and we look forward to serving customers and businesses here.”
To show its commitment to the neighborhood, Planters Bank will donate $10 for each new account opened at the Rossview branch between July 12 and May 31, 2012 to Rossview Elementary, Middle and High Schools.
“A big part of what community banks do is support their local communities,” says McCoy. “We felt that a great way to do that here was by partnering with the Rossview schools.” The principals will have the liberty of using the funds for classroom technology or an academic program, she explained.
Assistant Vice-President Stacey Wenzler, formerly at the bank’s Hilldale branch, 1971 Madison Street, will serve as Rossview Branch Manager. VP of Commercial Lending, Amy Jerles-Orton, and VP of Retail Operations, Glenn Rodgers, will also relocate to Rossview. Scott Jensen, assistant vice-present and branch manager at the North Clarksville office, 2019 Fort Campbell Blvd., will relocate to Hilldale. Robin Henderson was hired in April as banking officer and branch manager at the North Clarksville office.
The bank will hold an official grand opening event in mid-August.
In addition to the Rossview branch, Planters provides full-service banking at four more locations in Clarksville, as well as three in Hopkinsville. The bank’s current St. Bethlehem area branch at 2250 Wilma Rudolph Blvd. will maintain drive-thru operations through September 30, then transition to a mortgage services office.
New Bill Product is Here!June 24, 2011
We are excited about the improved convenience and simplicity the new Bill Pay offers. Thank you for your patience during the conversion. Be sure to check out the Bill Pay demo. Also, please double check your payee information as some listings may have been affected during the change. See our FAQ page to learn more.
THDA Announces Loan Discount for VeteransMay 3, 2011
Clarksville, TN – A special mortgage interest rate discount has been approved for active and retired members of the military by Tennessee Housing Development Agency’s Board of Directors.
Service members can apply for the “Homeownership for the Brave” discount which is a ½-percent interest reduction on any of the three mortgage choices at lenders working with THDA. THDA offers 30-year fixed rate mortgages, with or without downpayment assistance, for persons of low to moderate income. The program began April 1 and is available through March 31, 2012.
“We recognize that many service members were deployed in 2010 while other Americans had access to the federal First-Time Homebuyer Tax Credit,” said Lindsay Pully, director of THDA’s Single Family Programs division. “That program is closed, but this is an extra incentive if they are ready for homeownership in Tennessee.”
For the purpose of the Homeownership for the Brave Program, the definition of veteran is: All members of the military including retired and reservists (at least 180 days), i.e. active duty, National Guard, spouses, and surviving spouses. If discharged or released, was done so under conditions other than dishonorable.
“The ‘Homeownership for the Brave’ is a great program to allow our active and retired military access to 2%-4% in THDA grant funds for down payment assistance or the payment of closing costs, and can be coupled with the benefits of a traditional VA loan,” explains Angie Smith, Planters Bank assistant vice president/mortgage lending. “THDA grant funds, accompanied by a 0.50% discount in interest rate, are a great beginning on the road to home ownership for our local heroes.”
Generally THDA’s targeted audience is first-time buyers or those who have not had ownership in a primary residence in the last three years. Veterans have a waiver for the first-time buyer requirement. Sales and income limits vary by county. The Homeownership for the Brave option is available across Tennessee, as are all THDA’s mortgage programs.
The three mortgage choices are Great Rate, Great Advantage and Great Start. Great Advantage and Great Start mortgages offer 2 or 4% downpayment assistance grants at slightly higher interest rates. The mortgage loan must be an FHA, VA, USDA, or a 78% or below Conventional. The discounted rate is for the full term of the loan. Full details on the mortgage program are found on THDA’s website: www.thda.org.
For more information or assistance with the new THDA program, contact Angie Smith at Planters Bank at 931-648-7176 or email firstname.lastname@example.org.
Planters Bank Names Robin Henderson Banking OfficerApril 25, 2011
Clarksville, TN – Planters Bank announces the addition of Robin Henderson as a banking officer at the North Clarksville branch, 2019 Fort Campbell Blvd.
Henderson has 16 years of experience in finance, credit and branch management, having worked previously at Morris Properties and Amsouth Bank in Clarksville, as well as American General Finance in Goodlettsville, Tenn. and Americredit Financial Services in Evansville, Ind.
Henderson, a native of Huron, S.D., relocated to Clarksville in March 1999 with her husband, Tom, who was stationed to Fort Campbell, and is now retired from active duty. They have one daughter who resides in Nashville
Henderson is a member of Hilldale Baptist Church and an active runner. She completed her first half-marathon in October.
Additionally, Planters Bank Assistant Vice President Mary Jackson, former branch manager at the bank’s St. Bethlehem office, is now serving as branch manager at the Sango location, 894 Hwy. 76. Jackson joined Planters in February 2007.
Headquartered in Hopkinsville, Planters Bank maintains three offices in Hopkinsville and five in Clarksville.
FDIC MessageJanuary 31, 2011
Standard deposit insurance has been permanently raised to $250,000 per depositor per account category.
All funds in a "noninterest-bearing transaction account" are insured in full by the FDIC from December 31, 2010-December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
Planters Bank Promotes SellersDecember 30, 2010
HOPKINSVILLE, KY – The Planters Bank Board of Directors announces the promotion of Eyvette Sellers to commercial treasury banking officer.
Sellers joined Planters in November, 2007 as a new account administrator and moved to the cash management department in 2009. Sellers has nearly 24 years of banking experience. She relocated to Hopkinsville from Michigan City, Indiana, where she worked as senior trust administrator at Horizon Trust & Investment Management, NA.
Sellers’ current civic involvement includes serving on the board of directors for Hopkinsville’s Alpha Alternative Pregnancy Care Center, the Minority Economic Development Initiative (MEDI) committee, and as guest services coordinator for Light of the World International Foundation. She has previously volunteered with Women in Management, United Way, American Cancer Society, and the Nieman Elementary School Partnership Program.
Sellers attended Ball State (Muncie, IN) and Purdue (Westville, IN) Universities and the Cannon Trust School at University of Notre Dame (South Bend, IN.) She is a member of All Nations House of Prayer Church where she serves on the finance committee. Headquartered in Hopkinsville, Planters Bank maintains three offices in Hopkinsville and five in Clarksville.
Eric Huneycutt Wins Planters Bank CubeDecember 6, 2010
CLARKSVILLE, TN – After eight months of promotion, dozens of appearances, thousands of entries, and 12 finalists, one lucky winner claimed the Planters Bank 2010 Nissan Cube. Eric Huneycutt was the finalist holding the key that started the car during a giveaway event on Saturday, December 4, 2010.
He plans to give the Cube to his wife Amanda, who is currently expecting their first child next month.
“I couldn’t feel any better, I was so happy I could barely sit in the seat,” said Huneycutt.
Throughout the year, finalists were selected from events such as Rivers & Spires, Downtown Market, and Hopkinsville’s Salute to Fort Campbell Week. Other finalists were drawn from online entries and new account openings at the bank’s eight branches. Finally, two were randomly drawn from all entries last week by a representative of Mathews Nissan, for a total of 12.
At the giveaway event, each of the 12 drew keys and attempted to start the car.
“This has been a very fun and different type of initiative for us,” says Planters CEO Elizabeth McCoy. “Some of our finalists were simply ecstatic about the possibility of winning this car, which has been so nice to see.”
In addition to Huneycutt, the other finalists were: Wanda Morrison, Clarksville; Rise Herndon, Hopkinsville; David Fain, Clarksville; Renee Hampton, Clarksville; Candy Peters, Hopkinsville; Penny Goddard, Clarksville; Brittany Croft, McEwen; Michael Barbee, Herndon; Darryl Cunningham, Hopkinsville; Melody Shipley, Clarksville; and Pat Martin, Clarksville.
Finalists received a $100 gas card from Mathews Nissan in Clarksville or Garland Nissan in Hopkinsville.
Planters Names Michael Selfe Cash Management DirectorSeptember 14, 2010
Hopkinsville, KY – Planters Bank announces the addition of Michael Selfe as director of cash management.
Selfe comes to Planters with more than 12 years of experience in treasury and cash management experience. Most recently, he served as financial services officer for middle and east Tennessee with First State Bank. Prior to that, he worked as a treasury management sales officer for SunTrust Bank.
“Mike brings a depth of cash management experience to Planters,” said CEO Elizabeth McCoy. “He will become an integral part of our commercial banking team and we are thrilled to have him.”
Selfe will work in from the Commerce Street office in Clarksville and the Main Office in Hopkinsville.
A graduate of David Lipscomb University, Selfe received a BBA in Marketing. He enjoys golf, running and a variety of other sports. He is married to Kelly and they have one daughter.
Planters Bank ‘Go Savings’ Program First in Market; Ideal for Young SaversNovember 16, 2009
CLARKSVILLE, TN -- After World War II, American households routinely saved 10 percent of their income. Today, reports boasting that household savings are up to the three-four percent range make headlines in new sources across the county.
“The credit craze of recent decades has ended, but with finances still tight and consumer confidence still low, people are looking for convenient and painless ways to save,” says Planters Bank President and CEO Elizabeth McCoy. Convenience is one of the reasons Planters introduced what it’s named a “Go Savings” account in November.
The first account of its kind from a community bank in the Clarksville-Hopkinsville market, Go Savings automatically transfers one dollar on every point-of-sale, or signature-based, purchase with a Planters Bank check card.
“We’ve found that this product particularly appeals to young professionals and families with young children because they rely almost totally on their check cards for purchases, it’s automatic, and there’s no minimum balance to open the account,” says McCoy.
Those are the attributes that sold Dr. Harry and Dalia Markham, owners of Pet Calls Mobile Veterinary Clinic, Inc., and parents of two young children ages five and 20 months.
“We really love the concept of this account,” says Dalia. “With business and personal expenses, it’s hard to save. We use our check cards everywhere, so this way, saving for the children is just one less thing we have to think about – it’s done automatically.”
The Markham’s expect to save an extra $400-$500 per year that can go toward college, a car, or whatever the children need when they’re older.
“This extra dollar each time is such a small amount that we don’t miss it,” she says. “But, it accumulates so fast and it will really sum up over time. It’s one fantastic way to save.”