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Information Articles for the Clarksville TN and Montgomery County Tennessee area

Articles

Information Articles for the Clarksville TN and Montgomery County Tennessee area

Heritage Bank parent company HopFed Bancorp, Inc. to acquire Tennessee-Based Sumner Bank & Trust

February 13, 2013

HopFed Bancorp, IncHopkinsville, KY – HopFed Bancorp, Inc. (NASDAQ: HFBC) (“HopFed”), the parent company of Heritage Bank in Hopkinsville, Kentucky (“Heritage”), today announced that it has entered into a definitive agreement to acquire Sumner Bank & Trust (OTC Pink: SBKT), based in Gallatin, Tennessee (“Sumner”).

HopFed has agreed to pay approximately $14.3 million in cash, or $10.04 per share, to purchase all of the common stock and common stock equivalents of Sumner, including common stock that would be issued upon the conversion of Sumner’s convertible preferred stock upon a change of control (subject to adjustments). [Read more]

August 9th is the Deadline for Tennesseans to Register with FEMA

June 30, 2011

Federal Emergency Management Agency - FEMANashville, TN – Tennesseans who suffered losses due to severe spring weather have about six weeks remaining to apply for assistance. August 9th is the last day the Federal Emergency Management Agency will accept applications for individual assistance.

State and federal officials continue to encourage anyone with damage or other losses in the disaster-designated counties to register. “You may think you don’t need assistance, but you could later have disaster related losses,” said TEMA Director James H. Bassham “Registration with FEMA is free. It’s better to get your name in the system before the August 9th deadline. After that date, it will be too late.” [Read more]

 
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