COMMERCE UNION BANCSHARES, INC. (NASDAQ:CUBN) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

COMMERCE UNION BANCSHARES, INC. (NASDAQ:CUBN) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security
Holders.

(a)

Annual Meeting. On June 1, 2017, Commerce
Union Bancshares, Inc. (the Company) held its annual
meeting of shareholders. As of the record date, there were
7,826,450 shares entitled to vote, of which 6,093,461.82
shares, or 77.86%, were voted in person or by proxy at the
annual meeting. Results of the proposals voted upon are set
forth below.

(b)

Election of Directors. Shareholders
elected the following four Class III directors to serve a
three-year term expiring at the 2020 annual meeting or
until their respective successors are elected and
qualified. The results of the elections are indicated
below.

Name	Votes For	Votes Withheld	Broker Non-Votes
John Lewis (Buddy) Bourne	4,082,834.82	337,505	1,673,122
Darrell S. Freeman, Sr.	4,396,331.82	24,008	1,673,122
James Gilbert Hodges	4,394,193.98	26,145	1,673,122
James R. Kelley	4,396,331.82	24,008	1,673,122

(c)

Ratification of Independent Registered Public
Accounting Firm. Shareholders approved the
proposal to ratify the appointment of Maggart Associates,
P.C. as the Companys independent registered public
accounting firm for the fiscal year ending December 31,
2017, by the following vote:

Votes For	Votes Against	Abstentions	Broker Non-Votes
6,068,903.82	22,458	2,100

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.