Thugmuffin
2 years ago
$TRUX Clay Richards and Derek Young Join Truxton Board of DirectorsPress Release | 05/24/2022
NASHVILLE, Tenn., May 24, 2022 (GLOBE NEWSWIRE) -- Truxton Trust Company announced that R. Claiborne (“Clay”) Richards, Jr. and Derek Young have been elected to its Board of Directors at its annual shareholder meeting.
Mr. Richards served as CEO and Founder of naviHealth, Inc., from January 2012 to December 2021. naviHealth, which is focused on improving the healthcare experience for seniors, was acquired by United Health Group in May 2020. Prior to founding naviHealth, Inc., Mr. Richards served in executive roles at Healthways, Inc. and practiced corporate and securities law at Bass, Berry & Sims PLC.
Mr. Young, a corporate culture consultant and motivational speaker, has exceptional experience in leadership, strategy, diversity, equity and inclusion, and performance management. He is currently the President and CEO of YMG Enterprises, LLC, a Nashville-based consultancy. Representative clients have included AARP, AT&T, Bass Pro, Bridgestone, Caleres, Cal State Fullerton, Duluth Trading, Eli Lilly, Girl Scouts, Habitat for Humanity, HCA, Nissan, Tractor Supply, the State of Tennessee, and the US Department of Agriculture. He started Community Initiatives and Continuous Process Improvement for Dollar General and he started Diversity and Community Outreach for Cracker Barrel. He began his career as an internal auditor and economic research analyst for the Federal Reserve System.
“We are very fortunate to have these proven leaders join our team” said Tom Stumb, Chairman of the Board and CEO. He continued, “We are constantly striving to make our company better and we believe that Clay and Derek will help us do that.”
Mr. Richards received a Bachelor of Science from Washington and Lee University and his J.D. from the University of Mississippi School of Law. He currently serves on the board of directors of the Martha O’Bryan Center and Oak Hill School and previously served on the Nashville Health Care Council Board of Directors and the Board of Visitors for the Vanderbilt Owen School of Management. In addition, Mr. Richards serves on the Board of Directors for agilon health, Inc. (AGL), a publicly traded healthcare company.
Mr. Young is a graduate of Rockhurst College in Kansas City, MO, where he earned a bachelor’s degree in Business Communication. As a long-time community advocate, he has been Statewide and Nashville Board Chairman and Volunteer of the Year for March of Dimes, Board Member, Community Engagement Chairman, and Community Leader of the Year for the Nashville Symphony, and Board Member and Diversity Chairman for the Nashville Chamber of Commerce.
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, capital markets, and family office services for wealthy individuals, their families and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
Media Relations Investor Relations
Tamara Schoeplein Andrew May
615-515-1714 615-515-1707
tamara.schoeplein@truxtontrust.com andrew.may@truxtontrust.com
Thugmuffin
3 years ago
$TRUX Truxton Trust Names Buck Patton and Mitch Van Zelfden Vice PresidentsPress Release | 04/27/2022
NASHVILLE, Tenn., April 27, 2022 (GLOBE NEWSWIRE) -- Truxton has promoted Buck Patton, CFP®, to Vice President and Wealth Advisor and Portfolio Manager Mitch Van Zelfden, CFA, to Vice President.
Derrick Jones, Senior Managing Director, said, “Buck and Mitch are representative of our purpose as a wealth management practice, combining an exceptional investment process with actionable strategic financial advice specific to each client’s unique goals and circumstances.”
Drew Mallory, Managing Director and Chief Fiduciary Officer, said, “Since joining Truxton, Buck has demonstrated significant prowess as a strategic thought leader. Through his efforts and execution, our clients have benefitted greatly.” He continued, “Through Mitch’s efforts, Truxton’s proven investment processes have been further strengthened. Not only does Mitch have considerable analytical skill, he has the rare ability to articulate complex ideas to clients in such a manner that inspires clients and instills confidence in their long-term plans.”
Mr. Patton joined Truxton in 2018 and has previously served as a portfolio analyst, financial advisor, and associate wealth advisor. Mr. Van Zelfden joined Truxton in 2019 as a portfolio manager.
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, capital markets and family office services for wealthy individuals, their families and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
Media Relations Investor Relations
Tamara Schoeplein Andrew May
615-515-1714 615-515-1707
tamara.schoeplein@truxtontrust.com andrew.may@truxtontrust.com
Thugmuffin
3 years ago
$TRUX Truxton Corporation Announces Quarterly Cash DividendPress Release | 04/21/2022
NASHVILLE, Tenn., April 21, 2022 (GLOBE NEWSWIRE) -- Truxton Corporation (OTCPK: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved a quarterly cash dividend of $0.34 per common share payable June 24, 2022, to shareholders of record as of June 8, 2022.
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, capital markets, and family office services for wealthy individuals, their families and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
Investor Relations Media Relations
Andrew May Tamara Schoeplein
615-515-1707 615-515-1714
andrew.may@truxtontrust.com tamara.schoeplein@truxtontrust.com
Thugmuffin
3 years ago
$TRUX Truxton Trust Names Miles Kirkland, Kevin Brodrick, and Spence Dabbs as Managing Directors and Drew Mallory as Chief Fiduciary OfficerPress Release | 03/22/2022
NASHVILLE, Tenn., March 22, 2022 (GLOBE NEWSWIRE) -- Truxton has promoted Miles T. Kirkland, CFA, Kevin S. Brodrick, CTFA, and W. Spence Dabbs, JD, CTFA, to Managing Directors for Wealth Management Services. Also, Managing Director, Andrew "Drew" J. Mallory, CFA, will assume the additional role of Chief Fiduciary Officer.
Derrick Jones, Senior Managing Director, said, “For several years, these gentlemen have demonstrated the leadership qualities necessary for the success of our clients, colleagues, and shareholders. Their dedication, professionalism, and attendant results are simply awesome.”
Mr. Kirkland joined Truxton in 2013 and is the Team Leader for the Portfolio Management Team. Mr. Dabbs is the Team Leader for the Wealth Advisors and has been with the firm since 2014. Mr. Brodrick joined Truxton in 2014 to establish and lead the Georgia office located in Athens. Mr. Mallory joined Truxton in 2016 and continues as leader for the overall Wealth Management Team in addition to his new Chief Fiduciary Officer role. Other recent wealth management services promotions include Sarah Dunn, CTFA, who was promoted to Vice President, Wealth Advisor. Mrs. Dunn joined Truxton Trust in 2015 as a Wealth Management Specialist, supporting the entire wealth management team and its clients, until 2021 when she became an Associate Wealth Advisor.
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, and family office services for wealthy individuals, their families and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
Media Relations
Tamara Schoeplein
615-515-1714
tamara.schoeplein@truxtontrust.com Investor Relations
Andrew May
615-515-1707
andrew.may@truxtontrust.com
AskMuncher
3 years ago
$TRUX Truxton Corporation Announces Quarterly Cash Dividend
Press Release | 10/21/2021
NASHVILLE, Tenn., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Truxton Corporation (OTCPK: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved a quarterly cash dividend of $0.30 per common share payable December 28, 2021, to shareholders of record as of December 7, 2021.
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, and family office services for wealthy individuals, their families and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
Investor Relations Media Relations
Andrew May Tamara Schoeplein
615-515-1707 615-515-1714
andrew.may@truxtontrust.com tamara.schoeplein@truxtontrust.com
di4
16 years ago
NVBT Nashville Bank & Trust Reports First Quarter Results
May 5, 2009 5:48:00 PM
Email Story Discuss on ZenoBank
View Additional ProfilesNASHVILLE, Tenn., May 5 /PRNewswire-FirstCall/ -- Nashville Bank and Trust Company (OTC Bulletin Board: NVBT) reported results today for the first quarter ending March 31, 2009.
Total assets increased by 24 percent to $164 million, up from $132 million from March 31, 2008. Over the same period, total loans increased by 32 percent to $132 million, and deposits increased by 23.0 percent to $136 million. At March 31, 2009, the bank's capital exceeded the FDIC guidelines for a "well capitalized" bank with a Tier 1 Capital ratio of 12.6 percent compared with the "well capitalized" guideline of 6.00 percent.
Net income for the quarter ending March 31, 2009 was $123,000, compared to $171,000 in the first quarter of 2008.
Non-interest income for the first quarter 2009 was $640,000, compared to $630,000 for the same period in 2008, a 1.5 percent increase.
A full-service bank and wealth management company, Nashville Bank & Trust services include personal and business loans, depository accounts, wealth management and trust services. Personal, expert service is the bank's hallmark. Customers benefit from direct contact with senior-level, experienced bank executives who have decision-making authority and a full understanding of the local community and the client's relationship with the bank.
SOURCE Nashville Bank and Trust Company
----------------------------------------------
Overton Colton
+1-615-515-1706
overton.colton@nashvillebankandtrust.com
of Nashville Bank and Trust Company
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