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) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
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
The Bank of America Corporation (Bank of America) (often abbreviated BofA or BoA) is an American multinational investment banking, investment bank and financial services holding company headquartered at the Bank of America Corporate Center in ...
. Additionally, it announced its headquarters would move from
Springfield, Tennessee
Springfield is the county seat of Robertson County, Tennessee, United States. It is located in Middle Tennessee near the northern border of the state. As of the 2020 census, the city's population was 18,782.
History
US 431 and US 4 ...
Nashville, Tennessee
Nashville, often known as Music City, is the capital and List of municipalities in Tennessee, most populous city in the U.S. state of Tennessee. It is the county seat, seat of Davidson County, Tennessee, Davidson County in Middle Tennessee, locat ...
.
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 in January 2022, Reliant Bancorp operated 24-branches, primarily in the Nashville area.