FRANKLIN, Tenn., April 27, 2015 /PRNewswire/ -- Franklin
Synergy Bank announced today the formation of a new Healthcare
Banking group. The new team will operate out of Franklin Synergy's
Cool Springs office on Aspen Grove Drive, but will eventually be
located in Nashville.
Franklin Synergy Bank is a wholly owned subsidiary of Franklin
Financial Network (NYSE:FSB).
Tim Fouts will lead the new
Healthcare team, which will include banker Lisa Fletcher. Fouts and Fletcher each have
extensive healthcare banking experience in the Middle Tennessee area and joined Franklin Synergy
from CapStar Bank in Nashville.
Fouts led his former team, building a significant
healthcare portfolio, in excess of $200
million.
Joining Fouts and Fletcher will be Tate
Myers as Assistant Vice President, Corporate and Healthcare
Banking and Jamie Byrn as
Administrative Assistant, Corporate and Healthcare Banking.
"We are pleased to launch our Healthcare Banking group at
Franklin Synergy with this new team that brings experience and
growth potential for our bank," said Richard Herrington, Chairman and CEO of Franklin
Synergy Bank. "Healthcare is a primary driver of the economy in
Middle Tennessee and a natural
expansion of our scope of business lending activities."
Fouts will serve as Executive Vice President, Corporate and
Healthcare Banking. Fouts' background includes service at JP Morgan
Chase as Senior Vice President, and as a Financial Consultant at
Merrill Lynch.
Fouts earned a B.A. in Science from the University of Colorado in Boulder, a B.S. in
Finance from the University of Maryland in
College Park, Maryland and a
M.A. in Comparative Politics from American
University in Washington,
D.C.
"Franklin Synergy has emerged as the best bank for our team due
to its growth trajectory and solid leadership," commented Fouts.
"Our clients need a high level of personalized service and we look
forward to helping FSB build its presence in the healthcare
market."
Fletcher will serve as Senior Vice President, Corporate and
Healthcare Banking. She has more than twenty years of related
experience, including service as Senior Credit Officer at FirstBank
in Nashville, Tennessee and as
Senior Vice President and Chief Credit Officer at Adirondack Bank
in Utica, New York.
Fletcher is a graduate of the Stonier Graduate School of Banking
and holds a Bachelor of Professional Business Studies/Business
Public Management from the State University of
New York College of Technology.
"Our focus will be local healthcare companies," noted Fletcher.
"Franklin Synergy offered the ideal opportunity to continue the
success we have had in the market over the years. It was just a
great fit for the way I do business."
About Franklin Synergy Bank
Founded in 2007, Franklin Financial Network, Inc. is the parent
company of Franklin Synergy Bank, a full-service community bank
operating 11 branch offices in Williamson and Rutherford Counties. The bank provides deposit
and loan products, treasury management and wealth management
services for consumers and businesses. A strong corporate culture
paired with a clear vision that has provided customers with
uncompromising services and individualized solutions to their
financial needs. In July 2014,
Franklin Synergy Bank acquired Rutherford
County's MidSouth Bank.
In March 2015, Franklin Financial
Network, Inc. completed an Initial Public Offering (IPO), listing
common shares on the New York Stock Exchange under the symbol
"FSB".
Recent FDIC deposit share of market data shows that Franklin
Synergy Bank has grown to the deposit market share leader doing
business in Williamson County.
Additional information about Franklin Synergy is available at
the bank's website: www.franklinsynergybank.com.
Contact: Aimee Punessen
(615) 236-8329
Aimee.punessen@franklinsynergy.com
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SOURCE Franklin Synergy Bank