F&M Bank’s Scott Giles Completes LSU Graduate School of Banking
Clarksville, TN – Scott Giles, vice president and commercial lender at F&M Bank, is among the 160 bankers who received graduation diplomas on June 1st, 2012 from the Graduate School of Banking at Louisiana State University.
This three-year program provides courses covering all aspects of banking, economics and related subjects. Students traveled from twenty states and Mexico to participate in this session.
Scott Giles
Nyrstar’s Clarksville Smelter receives Clarksville Montgomery County Green Certification
Montgomery County, TN – The latest industry to become Green Certified through the Clarksville-Montgomery County Green Certification Program is Nyrstar’s Clarksville Smelter. A Green Ribbon Cutting Ceremony was held on Thursday, June 14th at their 1800 Zinc Plant Road location to celebrate their accomplishment.
Nyrstar’s Clarksville Smelter Green Ribbon Cutting Ceremony
Gateway Medical Center receives Green Certification from Clarksville-Montgomery County
Montgomery County, TN – The latest industry to become Green Certified through the Clarksville-Montgomery County Green Certification Program is Gateway Medical Center, located at 651 Dunlop Lane. A Green Ribbon Cutting Ceremony was held on Thursday, June 14th to celebrate their successful initiatives and completion of the program.
Gateway Medical Center Green Ribbon Cutting Ceremony
The Weekly Market Snapshot from Frazier Allen for the week of June 17th, 2012
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Retail sales fell 0.2% in May, matching the consensus forecast, but not quite as expected, as auto dealership sales rose 0.8% instead of falling (as the unit sales reported by the automakers did, seasonally adjusted). Ex-autos, sales fell 0.4%, pushed down partly by lower gasoline prices. Sales of building materials fell 1.7%, following a 2.3% drop in April – yet, sales of building materials for the first five months of the year were up 11.1% vs. the same period in 2011. That’s not weak.
Overall retail sales were up 7.0% y/y for the first five months of the year. Hence, this appears to be a weather story – the same story we saw in nonfarm payrolls (stronger in January and February at the expense of slower numbers in March, April, and May. Note that the folks at the Fed are smart enough to figure this out. [Read more]
First Choice Moving and Storage gets Clarksville Montgomery County Green Certified
Montgomery County, TN – The latest business to become Clarksville-Montgomery County Green Certified is First Choice Moving and Storage. The First Choice team has focused on reducing the amount of electricity, consolidating trips to save time and fuel, as well as reusing and recycling.
Green Ribbon Cutting for First Choice Moving and Storage.
Clarksville-Montgomery County Economic Development Council Hosts Successful Community Tour Event
Clarksville, TN – In early June, the Clarksville-Montgomery County Economic Development Council (EDC) hosted a two-day ‘Red Carpet Community Tour’ event for site selection consultants and brokers to gain first-hand knowledge of the assets that Clarksville-Montgomery County and the surrounding area have to offer.
“The annual Red Carpet event is an excellent opportunity for the team at the EDC to engage consultants and brokers who may not be familiar with the available resources in our community,” said Clarksville-Montgomery County EDC President and CEO, James Chavez. “It also serves as a unique way to say thank you by including our partners who make the work of the EDC possible.” [Read more]
Planters Bank’s Kyle Luther Graduates from Louisiana State University Banking School
Clarksville, TN – Planters Bank Vice President of Commercial Banking Kyle D. Luther was among the 160 graduates on June 1st, 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.
Kyle Luther
Panera Bread continues Plan for Clarksville-Montgomery County Location
Clarksville, TN – St. Louis based bakery-café chain, Panera Bread, is moving forward with opening its first Clarksville-Montgomery County, Tn. location at 110 Morris Road, near Governors Square Mall.
Jay Patel, Chairman of the Clarksville-Montgomery County Economic Development Council (EDC) stated, “This project announcement is a great example of the valuable contacts that can be made when the team at the EDC attends retail recruitment conferences such as the International Council of Shopping Centers (ICSC) shows that happen in both Atlanta and Las Vegas each year.” [Read more]
The Weekly Market Snapshot from Frazier Allen for the week of June 12th, 2012
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
On Wednesday, the news from Europe was mixed. Euro area GDP figures for the first quarter were revised lower. Spain indicated that it needs help. The European Central Bank failed to cut rates (as some had hoped). However, European leaders were reported to be working up a plan on Spain and ECB President Draghi hinted at further support to come.
The Fed Beige Book noted that “overall economic activity expanded at a moderate pace” from early April to late May – an upbeat assessment relative to expectations. After the close, Fed Vice Chairman Janet Yellen said that “the economy remains vulnerable to setbacks,” adding that there is scope for the Fed to provide further monetary policy accommodation should the economy weaken or if inflation is expected to trend below the 2% target. [Read more]
Planters Bank Promotes Emily Medvecky and Amanda Vinson to Assistant Vice President
Hopkinsville, KY – Planters Bank announces the promotion of Emily Medvecky and Amanda Vinson to assistant vice president/commercial banking.
“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. [Read more]
