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Start-up bank reaches asset milestone

Posted on May 20, 2009 at 12:52 pm

From a release:

CapStar Bank announced Wednesday at its first annual shareholder meeting that it has grown assets to more than $200 million since the bank opened less than 10 months ago. CapStar attributes this growth to the personal relationships its experienced bankers have with customers and the bank’s strong capital base.

“From getting fully staffed to meet our customers’ needs at three offices to achieving significant deposit growth to fund our strong demand for loans, we have had a tremendously successful year,” said Claire W. Tucker, bank president and chief executive officer. “Furthermore, in today’s economic climate the bank’s asset growth is a strong testament to the diversity of the Nashville economy.”

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