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.
Update:
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.