Banking stocks: Avenue Financial Holdings (AVNU)-delisting (2006)

Avenue Financial Holdings, Inc. (NASDAQ: AVNU) was established in 2006 and is headquartered in Nashville, Tennessee, with 145 full-time employees. It is a bank holding company that provides a variety of financial services through controlling Avenue Bank.


On July 1, 2016, Avenue Financial Holdings announced that its shareholders had approved the merger plan with Pinnacle Financial Partners at the special shareholders meeting held that day .


Avenue Financial Holdings (AVNU):

Avenue Financial Holdings, as the holding company of Avenue Bank, provides a variety of financial services to American citizens. For example, the company undertakes various deposits, including non-interest deposits, interest-bearing accounts, savings accounts, money market accounts (stocks, funds, foreign exchange, etc.) and Time deposit account. AVNU loan business includes:

  • Provide residential mortgage loan services for individuals
  • Mortgage loans secured by multi-family property mortgages
  • Commercial loans for companies
  • Commercial property mortgage
  • Construction and land development loans
  • Consumer loans, etc.

AVNU provides services by operating five full-service banking institutions located in Davidson and Williamson County Tennessee.

Avenue Financial Holdings (AVNU) investment:

Avenue Financial Holdings was listed on NASDAQ on February 10, 2015, with an issue price of $11.

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