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The Tip Sheet

The latest in Memphis business news
McFarland Promoted at Visible Music College

05/08/12

McFarland Promoted at Visible Music College

Christy McFarland has been promoted vice president of business at downtown's Visible Music College. She previously worked as director of marketing and replaces Sam Garrett, who is now heading the college's nonprofit record label, Madison Line Records. McFarland's new responsibilities include marketing and public relations for the music and worship arts college, as well as overseeing the business and operations for the school. Originally from Cabot, Arkansas, she previously served as director of public affairs at what is now Victory University. McFarland has an undergraduate degree in psychology and a master's degree in biblical studies.

Posted at 12:50 PM | Permalink | Comments: 1

Renasant Bank Enters East Tenn. Market

05/04/12

Renasant Bank Enters East Tenn. Market

Renasant Bank is moving into the East Tennessee market with an opening location in Maryville, the bank's Tupelo-based parent company has announced. The full-service bank will serve as Renasant's headquarters in East Tennessee, with an initial 13 employees at 329 E. Broadway. This marks the $4.2 billion bank's eighth expansion in the Southeast in the past 18 months. It is a wholly owned subsidiary of the 108-year-old Rensant Corporation.  The Maryville bank is expected to be open by the end of the second quarter. Leading it will be banking veteran Kent Vaught, whose title is East Tennessee division president. Other recent market expansions include Renasant's move into Starkville, Mississippi; Tuscaloosa, Alabama; and its acquisitions in Montgomery,...

Posted at 10:32 AM | Permalink | Comments

Holmes Becomes President of FirstBank

05/01/12

Holmes Becomes President of FirstBank

Chris Holmes, a banker who has worked in Memphis in the past, is the new president of FirstBank in Lexington, Tenn. He's the third president the bank has had since 1984. FirstBank has $2.1 billion in total assets and is among the top 5 percent of all U.S. banks, according to company information. It has 612 employees in 54 locations throughout the Southeast. Before joining the bank's board of directors in 2010, Holmes was director of corporate financial services and chief retail banking officer for South Financial Group of Greenville, South Carolina. Originally from Lexington, he began his career in 1986 at Ernst & Young in Memphis. Meanwhile, Doug Cruickshanks, FirstBank's president since 2002, is becoming vice chairman of the bank's board. He...

Posted at 10:57 AM | Permalink | Comments

Brother International Recognized by U.S. Department of Energy

04/27/12

Brother International Recognized by U.S. Department of Energy

Brother International Corporation has been awarded the Energy Star rating for its 1.6 million square foot facility in Bartlett, as one of only twelve facilities in the state to earn the prestigious distinction. The largest commercial facility of the group, Brother’s certification has doubled the total amount of Energy Star square footage in Tennessee. Energy Star certification is provided by the Environmental Protection Agency in cooperation with the Department of Energy, to indicate that a product or building meets the very highest standards in energy efficiency that ultimately reduce energy costs. Yesterday’s event was hosted by the Bartlett Area Chamber of Commerce, in recognition of the corporation’s achievement and dedication to sustainability in...

Posted at 01:37 PM | Permalink | Comments

Nonprofit Conference Coming up Fast

04/24/12

Nonprofit Conference Coming up Fast

The Alliance for Nonprofit Excellence is slated to hold its 7th annual conference Wednesday, May 2, from 8 a.m. to 4 p.m. at Clark Opera Memphis Center. This year's theme is "Powerful Networks: Nonprofits, Social Media, and Community." Marnie Webb, co-CEO of the nonprofit TechSoup Global in San Francisco, is the keynote speaker. She will talk at 9 about "Making Change in the Digital World." After that, Laura S. Quinn, founder and executive director of Idealware of Portland, Maine, will discuss "Unleashing Innovation." The following breakout sessions will take place during the daylong conference: Beyond the Web: 10:45-11:45 a.m., "Building a Mission-Delivery Engine: Moving Your Website Beyond the Web," Carlo M. Cuesta,...

Posted at 12:57 PM | Permalink | Comments

St. Jude Researcher Elected for Prestigious Fellow Honor

04/19/12

St. Jude Researcher Elected for Prestigious Fellow Honor

Dr. Brenda Schulman of St. Jude Children's Research Hospital's Structural Biology Department is now a 2012 fellow and foreign honorary member of the American Academy of Arts and Sciences. Schulman, who joined St. Jude in 2001, is being honored because of her lab's work on understanding cell regulation and division, which can go awry when disrupted and lead to cancer. The AAAS is an honorary society and independent policy research center founded in 1780. Some of its members have included George Washington, Benjamin Franklin, Albert Einstein, and Winston Churchill. Current members include more than 250 Nobel laureates and more than 60 Pulitzer Prize winners. In addition to her lab work, Schulman also co-directs St. Jude's Molecular Oncology Program and is a...

Posted at 03:35 PM | Permalink | Comments

Lewis Appointed Chair of Access to Justice Commission

04/16/12

Lewis Appointed Chair of Access to Justice Commission

George T. "Buck" Lewis of Baker Donelson is now chair of the state Supreme Court's Access to Justice Commission, which seeks to make legal representation more accessible. Lewis is a shareholder in the Memphis office of the law firm and served as president of the Tennessee Bar Association from 2008 to 2009. During that time, he launched the "4ALL" campaign for people who otherwise could not afford legal services. The campaign resulted in rule changes and an increase in attorneys offering services for free. Since his time as TBA president, Lewis also has overseen the launch of OnlineTNJustice.org. The website allows visitors to get free legal advice from volunteer attorneys. It is a joint effort between the TBA and the Tennessee Alliance for Legal...

Posted at 12:46 PM | Permalink | Comments

Crenshaw Dubbed 'Entrepreneur of the Year'

04/11/12

Crenshaw Dubbed 'Entrepreneur of the Year'

Kenny D. Crenshaw, owner and president of Herbi-Systems Inc., is the Bartlett Area Chamber's latest "Entrepreneur of the Year." The award, which is in its sixth year, recognizes someone who has contributed to the local economy and who makes a difference in the way business is conducted, according to the chamber. Crenshaw has been a chamber member since 2001 and has served in leadership roles there. Herbi-Systems has been operating since 1984. It is now the second-largest lawn care service in greater Memphis after ServiceMaster's TruGreen. The company's billboards and other ads are well-known in the local area, with the slogan, "Lemme Kill Your Weeds" appearing with a photo of Crenshaw. Since its inception, Herbi-Systems has grown to include...

Posted at 10:39 AM | Permalink | Comments

Aerotropolis Conference Slated for Tuesday

04/05/12

Aerotropolis Conference Slated for Tuesday

Anyone interested in air traffic as a regional economic generator should mark their calendars for Tuesday, when the Mid-South Aerotropolis Conference will be held at the University of Memphis' University Center. The day-long event is a joint effort between the Greater Memphis Chamber and the university's Intermodal Freight Transportation Institute. At the conference, attendees will gain a better understanding of the local Aerotropolis Economic Development Strategy and how similar strategies have been deployed elsewhere. Speakers will include Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development; Tennessee Sen. Lamar Alexander; Amy Liu, co-director and senior fellow of the Metropolitan Policy Program at Washington's Brookings Institute; and...

Posted at 11:49 AM | Permalink | Comments

SBA Loan Deadline: April 20

04/02/12

SBA Loan Deadline: April 20

April 20 is the deadline for any nonprofit organizations in Tennessee to submit Economic Injury Disaster Loan applications to the U.S. Small Business Administration. The loans are being made available because of severe weather that struck between June 18 and 24, 2011. The SBA offers these loans to help nonprofit agencies meet operating expenses, regardless of whether their buildings were damaged by high winds or flooding. Loan amounts can be up to $2 million with 3 percent interest. Loan terms can extend to 30 years. Examples of eligible, non-critical organizations are soup kitchens, homeless shelters, museums. libraries, community centers, and colleges. To apply for an SBA loan, call 800-659-2955 or e-mail disastercustomerservice@sba.gov. Applications also are available at...

Posted at 10:07 AM | Permalink | Comments