Bank merger complete
Cornerstone Bancshares and SmartFinancial Inc. leaders announced Wednesday that they have completed their merger.
Cornerstone Bancshares is the parent company of Cornerstone Community Bank, and SmartFinancial is the parent company of SmartBank.
The newly created company will operate under the name SmartFinancial Inc.
Although the two holding companies will be combined, SmartBank and Cornerstone Community Bank won’t merge until 2016, after which time the combined bank is expected to be the 12th-largest bank chartered in Tennessee.
“After months of diligent planning and preparation, it gives me great pleasure to announce the completion of this merger,” SmartFinancial President and CEO Billy Carroll said in a prepared statement. “This is a true merger of equals, which will allow us to retain our existing talented team; build on our combined strengths, shared values and culture; [and operate] more efficiently for the benefit of all stakeholders.”
Fortune.com features Chattanooga startup
Fortune.com recently featured Chattanooga startup and Gig Tank winner Branch Technology.
Branch Technology has combined 3-D printing technology, conventional construction materials and robotics to create buildings of the future, leaders said at Gig Tank.
iOS classes for women
Lamp Post Group is offering a series of tech classes for women, starting Sept. 8.
The three-week course will provide a solid foundation of mobile app development for iOS and the Xcode platform.
The class meets Tuesdays and Thursdays from 6 to 8 p.m. on the second floor of the Loveman’s Building at 800 Market St.
No prior experience is required, but a serious interest in coding and programming is a must.
Participants must be 18 or older to register and need to provide their own Mac laptop that runs Yosemite OS and Xcode 7.
The class costs $100.
There are 20 spots left open; anyone interested can sign up here. The deadline to sign up is Sept. 8 at noon.
Disclaimer: Nooga.com‘s parent company is Lamp Post Group, but editorial decisions for this publication are made independently of the Lamp Post Group.