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Deal to combine Tennessee banks will ripple into Richmond

Deal to combine Tennessee banks will ripple into Richmond April 15, 2021 The SmartBank brand is expected to eventually show up in Richmond as the bank expands with new branches. ( Images courtesy of SmartBank) Four months after arriving in Richmond, a small Tennessee-based bank from Dolly Parton’s home town has struck a deal that it says will help it expand its reach locally. Sevier County Bank, which expanded into Richmond last fall as Southern Community Bank, is set to be acquired by SmartBank, a much larger competitor from its home state. While the bulk of both banks’ assets and presence is in Tennessee, John Presley, a longtime Richmond banker who serves as SCB’s executive chairman, said the deal will accelerate the growth SCB had planned for Richmond.

Summary Of Bitcoins First Quarter - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Apr 7, 2021 Stanislav Kozlovski walks us through the most important events for Bitcoin in the first quarter of 2021. Gradually, then suddenly. It is the way that Hemingway penned the process of going bankrupt: first comes a series of incremental steps which bring you closer to bankruptcy, until reality hits you and a sudden realization of what has occurred dawns upon you. This process can be thought of as a universal one: it applies to many things in life, like achieving success, declining health or the once-in-a-lifetime emergence of a brand-new asset class. Across the “gradually, then suddenly” spectrum, Bitcoin is inching closer and closer to the “suddenly” part and this quarter is an immaculate example of that.

Why most banks are waiting until March 17 to process stimulus checks

Why most banks are waiting until March 17 to process stimulus checks (FILE) (Source: wafb) By CJ Paschall | March 15, 2021 at 5:30 PM EDT - Updated March 15 at 8:46 PM CHARLOTTESVILLE, Va. (WVIR) - If you have not gotten your stimulus check yet, you are not alone. The differences between why some have already gotten the $1,400 payment and why some are still waiting comes down to your bank and delivery method. The new payments have an effective date of March 17, according to the U.S. Department of the Treasury. It’s an automated payment, and the Internal Revenue Service has already sent the banks the information for them.

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