Reliant Bancorp
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Reliant Bancorp, Inc, formerly Commerce Union Bancshares, is an American financial corporation based in
Brentwood, Tennessee Brentwood is a city in Williamson County, Tennessee, United States. The population was 45,373 as of the 2020 United States census. It was listed on the
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
until its merger with
United Community Bank United Community Banks, Inc. is an American bank. United is one of the largest full-service financial institutions in the Southeast, with $25.9 billion in assets, and 161 offices in Alabama, Florida, Georgia, North Carolina, South Carolina and Te ...
in January 2022. It controls a subsidiary, Reliant Bank, a commercial bank.


History

Commerce Union Bancshares was founded in 2006, operating as Commerce Union Bank. Its chairman was Charles T. Beasley and its chief executive officer and president was Ron DeBerry. The corporation acquired Reliant Bank through a merger in 2014. By September 2015, it announced it would use the brandname of Reliant Bank to avoid confusion with a defunct Nashville-based bank named Commerce Union Bank which later merged with Bank of America. Additionally, it announced its headquarters would move from Springfield, Tennessee to Brentwood, a suburb of Nashville, Tennessee. Reliant Bancorp has been a public corporation listed on the NASDAQ on July 7, 2015. In January 2017, the corporation announced the retirement of Ron DeBerry as chairman and CEO and appointed DeVan D. Ard, Jr., president of Commerce Union Bancshares, Inc. and president and chief executive officer of Reliant Bank. The corporation changed its name to Reliant Bancorp, Inc. on December 31, 2017. The corporation acquired Community First, Inc. (“Community First”) and Community First Bank & Trust, Community First's wholly owned bank subsidiary, located in Columbia, Tennessee, through a merger on January 1, 2018. On January 2, 2020, Reliant Bancorp acquired Tennessee Community Bank Holdings, Inc. (“TCB Holdings”), the parent company for Community Bank & Trust (“Community Bank”), located in Ashland City, Tennessee. At the time of its merger with
United Community Bank United Community Banks, Inc. is an American bank. United is one of the largest full-service financial institutions in the Southeast, with $25.9 billion in assets, and 161 offices in Alabama, Florida, Georgia, North Carolina, South Carolina and Te ...
in January 2022, Reliant Bancorp operated 24-branches, primarily in the Nashville area.


References

Companies formerly listed on the Nasdaq Banks based in Tennessee Banks established in 2006 2006 establishments in Tennessee 2022 mergers and acquisitions {{Tennessee-stub