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The partner bank divisions of Tryon Federal Bank, Shelby Savings Bank, Home Savings Bank, Industrial Federal Bank, Rutherford County Bank and Cherryville Federal Bank will transition to the HomeTrust Bank brand name effective September 30, 2014. In making this announcement, Dana Stonestreet, Chairman, President and CEO said, "This is an important next step for our…
In making this announcement, Dana Stonestreet, Chairman, President and CEO said, "Conversion to a national bank charter is a component of our strategic business plan for the growth of our commercial banking line of business. The Company's current growth and expansion into new, growth markets, including Greenville, South Carolina, East Tennessee, Roanoke Valley, Virginia and…
Recently, the Bank helped finance the new location and renovation of Early College; a public school option that allows high school students to earn college credit while earning their high school diploma. Students have a 5-year option where they earn their diploma and Associate's degree simultaneously. The school is the first virtual early college in…
The race is a fundraiser for Thermal Belt Outreach Ministry, whose mission is to serve families in crisis. These families are often in need of assistance to pay for things like heat, food and rent. Tryon Federal Bank is a proud community partner of Thermal Belt Outreach Ministry and the Tryon Running Club. To learn…
Dana Stonestreet, HomeTrust Bank Chairman, President and CEO commented, "We are pleased to have reached an amicable settlement with HomeTown Bank. Under the settlement, all lawsuits filed in the matter will be dismissed, and we will continue to operate using our legally chartered name and federally registered service mark, "HomeTrust Bank", which we have used…
The bank merger results in a community bank with total assets of approximately $2.2 billion and an expanded banking presence for HomeTrust in the Charlotte market. HomeTrust will continue to operate the midtown Charlotte office at 100 Queens Road under the Bank of Commerce name until a system conversion is completed in February 2015. Dana…
HomeTrust Bank is a proud community partner of Eliada and their mission to Help Children Succeed. Eliada House was founded in 1903 to help provide a bright, productive and secure future to abused and neglected children. Today, Eliada's full service continuum includes Residential and Day Treatment; Foster Care and Therapeutic Foster Care; In-Home family services;…
Net income totaled $1.5 million for the fourth quarter of fiscal year 2014, compared to $3.0 million for the same period a year ago. The decrease in net income for the fourth quarter of fiscal 2014 was primarily the result of $1.4 million in merger-related expenses, net of tax. Net income before merger-related expenses, net…
Each summer, children have the opportunity to attend summer camp, where they can have experiences of a lifetime; adventures such as hiking, swimming and boating. HomeTrust Bank sponsors the van and fuel to make these adventures possible. HomeTrust Bank Chairman, President and CEO Dana Stonestreet stopped by the Children First/Communities in Schools learning center to…
The show airs June 21, 2014 at 8:30 a.m. on WWNC 570am in the Asheville area.
