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Commerce Union to rebrand at year-end


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Commerce Union to rebrand at year-end

Commerce Union Bancshares Inc.'s planned name change to Reliant Bancorp Inc. will take effect Dec. 31.

The Brentwood, Tenn.-based company expects to then close its acquisition of Community First Inc. on Jan. 1, 2018. The merger has already received shareholder and regulatory approvals.

The resulting entity will have approximately $1.5 billion in assets, $1.3 billion in deposits and $1.1 billion in gross loans upon completion, based on Sept. 30 financials. It will operate 15 branches, two loan and deposit production offices and two mortgage services locations throughout Middle Tennessee and Chattanooga.

Reliant Bancorp's stock will begin trading under the new ticker symbol, RBNC, on Jan. 2, 2018.