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EXHIBIT 99
HUNTER ATKINS NAMED PRESIDENT AND CHIEF EXECUTIVE OFFICER OF
THE BANK OF NASHVILLE
Mack Linebaugh Continues as Chairman of Nashville's Leading Locally
Owned Bank
FOR IMMEDIATE RELEASE
Contact: Joan B. Marshall (615) 271-2015
Anne B. Livingston (615) 271-2049
NASHVILLE, Tenn., (June 5, 2000)---Hunter Atkins is the new president
and chief executive officer of The Bank of Nashville and Community Financial
Group, Inc.
Atkins, who has been a Nashville banker for the past 27 years, was most
recently city president of AmSouth Bank.
Mack S. Linebaugh, Jr., chairman, president and CEO of the bank for the
past eight years, will continue to serve as chairman. "Our growth in assets and
in our distribution network prompted a need to expand our management team. From
the outset of our search, we stressed finding a new president who shares The
Bank of Nashville's commitment to the community and exceptional customer
service. We found that person in Hunter Atkins," he said.
Atkins began his banking career in 1973 with Commerce Union Bank. He
remained with that organization in a variety of roles through its mergers with
Sovran Bank and NationsBank. He joined AmSouth in 1994.
"As a lifelong resident of Nashville, I'm honored by this opportunity
to serve our community at the area's leading locally-owned bank. The Bank of
Nashville enjoys exceptional customer loyalty and a growing demand for its
services," Atkins said.
A graduate of Vanderbilt University and Montgomery Bell Academy, Atkins
serves in leadership roles for several community organizations. He is a director
of the downtown
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YMCA, a member of the board of Family and Children's Services, and chairman of
both the Family Services Association and Families International, Milwaukee, WI.
He is an alumnus of Leadership Nashville and formerly served on the
boards of directors of the W.O. Smith School of Music, Downtown Exchange Club,
The Children's Hospital at Vanderbilt, Cumberland Museum, American Lung
Association, and Montgomery Bell Academy Alumni Association. He was also a
trustee of Brentwood Academy.
Linebaugh said Atkins brings broad financial experience to his new
position. "Our goal is to maintain the character and personal service advantages
of a community bank while we broaden both the range and scope of our services.
Hunter's experience and outstanding track record in several areas of financial
service will be valuable as we work toward our objectives," Linebaugh added.
Since Linebaugh became chairman in 1992, The Bank of Nashville has
doubled in size and increased the number of counties with offices from one to
three. The bank also now operates three mobile offices that are licensed to
serve eight counties. Community Financial Group, the holding company created in
1996, has also invested in, or formed joint ventures with, several related
financial service companies.
The Bank of Nashville is a wholly owned subsidiary of Community
Financial Group, Inc. (NASDAQ: CFGI), a bank holding company headquartered in
Nashville, Tennessee. The Bank of Nashville operates branch offices in Davidson,
Williamson and Sumner counties.
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To the extent that statements contained herein relate to the plans,
objectives or future performances of the Company, these statements may be deemed
to be forward looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements are based on management's current
expectations and the current economic environment while actual strategies and
results of future periods may differ materially from these expectations due to
various risks and uncertainties.
