Financial Institutions

Tennessee Department of Financial Institutions Takes Possession of Tennessee Commerce Bank, Franklin, Tennessee

Tuesday, January 31, 2012 | 09:29 am

NASHVILLE – The Tennessee Department of Financial Institutions (“Department”) took possession of Tennessee Commerce Bank, Franklin, Tennessee at 4:00 p.m. CST on January 27, 2012. The Department has appointed the Federal Deposit Insurance Corporation (“FDIC”) as Receiver of the Bank effective upon the Department taking possession of Tennessee Commerce Bank.