Tennessee 2025-2026 Regular Session

Tennessee House Bill HJR0511 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
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2	2	<BillNo> <Sponsor>
3	3
4	4	HOUSE JOINT RESOLUTION 511
5	5	By Faison
6	6
7	7
8	8	HJR0511
9	9	006458
10	10	- 1 -
11	11
12	12	A RESOLUTION to recognize and congratulate First Peoples
13	13	Bank of Tennessee on the occasion of its fiftieth
14	14	anniversary.
15	15
16	16	WHEREAS, it is fitting that the members of this General Assembly recognize those
17	17	dynamic financial institutions whose contributions have been vital to the economic life of their
18	18	respective communities; and
19	19	WHEREAS, for the past five decades, First Peoples Bank of Tennessee has capably
20	20	served and earned the trust of customers throughout East Tennessee; and
21	21	WHEREAS, originally known as First Peoples Bank of Jefferson City, the bank was
22	22	chartered by 725 stockholders on November 21, 1974; and
23	23	WHEREAS, the bank's main branch was opened on January 2, 1975, with a total of six
24	24	employees; the bank operated in a portable building until it moved into its current Jefferson City
25	25	main office in May 1976; and
26	26	WHEREAS, First Peoples Bank is the oldest and, currently, the only bank housed in
27	27	Jefferson County; additional branches have been opened in Dandridge (1976), Talbott (1979),
28	28	Strawberry Plains (1982), and West Knoxville (1998); and
29	29	WHEREAS, the bank changed its name to First Peoples Bank of Tennessee in 1994,
30	30	better reflecting its expanded operations in the Volunteer State; the bank currently operates five
31	31	branches, located in Jefferson, Hamblen, and Knox counties, as a state-chartered bank; and
32	32	WHEREAS, in 2010, a group of local investors re-capitalized the bank and purchased all
33	33	of the bank's outstanding stock; at that time, the bank was rechartered as a "de novo" bank; and
34	34	WHEREAS, the bank's stock is owned by First Peoples Bankcorp, Inc., a 100-percent
35	35	locally owned bank holding company based in Jefferson City; and
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37	37
38	38	- 2 - 006458
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40	40	WHEREAS, First Peoples Bank has demonstrated a steadfast commitment to
41	41	excellence for half a century now, serving the individuals, families, businesses, and
42	42	homeowners of East Tennessee with nothing less than the utmost professionalism and financial
43	43	acumen; now, therefore,
44	44	BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE ONE HUNDRED
45	45	FOURTEENTH GENERAL ASSEMBLY OF THE STATE OF TENNESSEE, THE SENATE
46	46	CONCURRING, that we honor and congratulate the leadership, board members, and
47	47	employees of First Peoples Bank of Tennessee on the occasion of the institution's fiftieth
48	48	anniversary, commend their unflagging commitment to quality and integrity, and extend to them
49	49	our best wishes for much continued success in the future.
50	50	BE IT FURTHER RESOLVED, that an appropriate copy of this resolution be prepared
51	51	for presentation with this final clause omitted from such copy and upon proper request made to
52	52	the appropriate clerk, the language appearing immediately following the State seal appear
53	53	without House or Senate designation.