Planters Bank announces Partnership with Inova Payroll
November 10, 2012
Planters Bank has partnered with Inova Payroll, to provide payroll, HR and tax filing services for the bank’s business customers.
Hopkinsville, KY – Planters Bank has partnered 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 payroll and 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. [Read more]
Planters Bank adds Hayse McGahey to Commercial Division
August 31, 2012
Clarksville, TN – 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. [Read more]
Planters Bank plans the purchase of Five Old National Bank Branches
August 18, 2012
Hopkinsville, KY – 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 1st, 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. [Read more]
