While the national and global economies continue to cause uncertainty and unease, the Greeneville financial community is pulling together to help citizens make sense of recent economic and financial changes and conditions by bringing in top experts with the latest information to answer citizens’ questions.
On Nov. 24, a coalition of local banks will be presenting an Economic Forum titled “Get the Answers to Your Most Important Questions.” The forum will be held at Annie Hogan Auditorium on the Campus of Tusculum College and will begin at 1 p.m. Seating will be limited.
The forum is open to the public. Guest speakers and a panel of Tusculum College business and economic experts will provide the latest information on topics such as FDIC Insurance, Financial Institution and Market Outlook, the Regional Economic Outlook and the Economic Impact on Higher Education.
The format will be a combination of formal presentations and a panel discussion, with audience participation. Panelists and special guests include Commissioner Greg Gonzalez, Tennessee Department of Financial Institutions; Regional Manager Gary Beasley, FDIC Division of Insurance and Research and Tusculum College staff and faculty experts who include Dr. Antonio Bos, professor of Business Administration; Dr. George Darko, associate professor of Economics, and Dr. Stella Schramm, professor of Management.
According to local banking officials, the shakeups of Wall Street, the collapse of mortgage markets and the need for government bailout subsidies has created financial turbulence for the banking industry and the U.S. Economy. To address these issues and the uncertainty they cause for many people, American Patriot Bank along with Tusculum College, Andrew Johnson Bank, Greene County Partnership, Greeneville Federal Bank, GreenBank, Heritage Bank and Consumer Credit Union are working together to sponsor this Economic Forum for the community.
“With the rapidly changing financial markets, it is vital that everyone understands the many changes taking place,” said Jerry A. Simmerly, President and CEO of American Patriot Bank.
“It is not easy to understand all that is changing, even for those of us who live in this environment everyday. Our bank chose to sponsor the event as part of our ‘strength through communities’ initiative to provide our stakeholders the opportunity to gain a better understanding and much more knowledge as to all the changes taking place in these difficult times.
“I encourage anyone who wishes to attend this forum and if you have specific questions you wish to have answered our panelist will be happy to answer those questions,” he added.
Tusculum College is hosting the event, providing faculty experts to participate on the panel and co-sponsoring the event.
“We at Tusculum College are pleased to welcome our community friends to the campus for this historic Economic Summit,” said Dr. Russell L. Nichols, Interim President of Tusculum College.
“In these difficult economic times with so much conflicting information, it is encouraging to see the financial community show the leadership to provide a clearer picture of the causes of the problems and the options before us. By hosting the event and lending the expertise of our faculty and staff, Tusculum is proud to be a partner with the financial community leaders on this important occasion.”