COMMERCE UNION BANCSHARES, INC (NASDAQ:CUBN) Files An 8-K Other Events

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COMMERCE UNION BANCSHARES, INC (NASDAQ:CUBN) Files An 8-K Other Events
Item 8.01. Other Events

On February 21, 2017, Commerce Union Bancshares, Inc. issued a press release announcing the appointment of Terry M. Todd as Market President in Chattanooga for Reliant Bank, a wholly-owned subsidiary of Commerce Union Bancshares. Mr. Todd will be responsible for Reliant Bank’s expansion into Chattanooga, including opening a new office and hiring new lenders. A copy of the press release is attached as Exhibit 99.1 to this report.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

99.1 Press Release issued by Commerce Union Bancshares, Inc., dated February 21, 2017.


About COMMERCE UNION BANCSHARES, INC (NASDAQ:CUBN)

Commerce Union Bancshares, Inc. serves as the bank holding company for Reliant Bank. The Company has two segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers within its primary geographic markets. Its customers are serviced through branch locations, automated teller machines (ATMs), online banking and mobile banking. Residential Mortgage Banking originates first lien residential mortgage loans throughout the United States. These loans are typically underwritten to government agency standards and sold to third-party secondary market mortgage investors. Reliant Bank provides a range of traditional banking services throughout the Middle Tennessee Region and the Nashville-Davidson-Murfreesboro-Franklin Metropolitan Statistical Area. Reliant Bank provides a range of commercial banking services for businesses and individuals, including checking, savings accounts, certificates of deposits and loans.

COMMERCE UNION BANCSHARES, INC (NASDAQ:CUBN) Recent Trading Information

COMMERCE UNION BANCSHARES, INC (NASDAQ:CUBN) closed its last trading session up +0.10 at 22.24 with 3,682 shares trading hands.