Synovus consolidating bank charters

Hunter Atkins is stepping down as CEO of The Bank of Nashville, sources have told Nashville

Atkins, 60, will stay on chairman of The Bank of Nashville, which was founded in 1989 and ranks 12th in area deposit market share.

Two years later, he helped sell the company to Georgia-based holding company Synovus Financial Group for about million.

Atkins and his team, like many of their peers, bet big on real estate as the economy rebounded from the 2001 recession.

In 1924 that organization merged with Lowry Bank and Trust to form Atlanta and Lowry National Bank.

The rating action follows a periodic review of the mid-tier regional banking group, which includes Bank United Inc. (BOKF), Cathay General Bancorp (CATY), East West Bancorp (EWBC), First Republic Bank (FRC), First Horizon National Corp. Should rates normalize further, Fitch would expect some degree of reversion in asset quality for most banks in the peer group, which is already incorporated in the ratings.

For a number of years in the mid-twentieth century, the First National Bank of Atlanta was the largest commercial bank in the southeastern United States, as measured by bank deposits.

In 1916 Atlanta National Bank acquired American National Bank, also based in Atlanta.

Previously, Synovus’ 30 affiliates all had their own charters, a source of costs and complexity at the holding company, which in late April raised

The rating action follows a periodic review of the mid-tier regional banking group, which includes Bank United Inc. (BOKF), Cathay General Bancorp (CATY), East West Bancorp (EWBC), First Republic Bank (FRC), First Horizon National Corp. Should rates normalize further, Fitch would expect some degree of reversion in asset quality for most banks in the peer group, which is already incorporated in the ratings.

For a number of years in the mid-twentieth century, the First National Bank of Atlanta was the largest commercial bank in the southeastern United States, as measured by bank deposits.

In 1916 Atlanta National Bank acquired American National Bank, also based in Atlanta.

Previously, Synovus’ 30 affiliates all had their own charters, a source of costs and complexity at the holding company, which in late April raised $1 billion to shore up its capital base.

Atkins joined Community Financial Group, then The Bank of Nashville’s parent company, in June 2000 from the former Am South, where he had been city president for five years and consumer banking manager for one.

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The rating action follows a periodic review of the mid-tier regional banking group, which includes Bank United Inc. (BOKF), Cathay General Bancorp (CATY), East West Bancorp (EWBC), First Republic Bank (FRC), First Horizon National Corp. Should rates normalize further, Fitch would expect some degree of reversion in asset quality for most banks in the peer group, which is already incorporated in the ratings.For a number of years in the mid-twentieth century, the First National Bank of Atlanta was the largest commercial bank in the southeastern United States, as measured by bank deposits.In 1916 Atlanta National Bank acquired American National Bank, also based in Atlanta.Previously, Synovus’ 30 affiliates all had their own charters, a source of costs and complexity at the holding company, which in late April raised $1 billion to shore up its capital base.Atkins joined Community Financial Group, then The Bank of Nashville’s parent company, in June 2000 from the former Am South, where he had been city president for five years and consumer banking manager for one.

billion to shore up its capital base.

Atkins joined Community Financial Group, then The Bank of Nashville’s parent company, in June 2000 from the former Am South, where he had been city president for five years and consumer banking manager for one.