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Topic: First Advantage Bancorp

First Advantage Bank helps thwart ATM Skimmer Scheme

 

Weekend Incident Prompts Bank to Accelerate Launch of CardValet Debit Card Monitoring App for Customers

First Advantage BankClarksville, TN – A plot to steal debit card and ATM numbers was foiled at First Advantage Bank last weekend after debit/credit card “skimmer” devices were discovered at three of the bank’s Clarksville ATM machines.

Working with an alert customer and local police, bank officials were able to respond quickly to confiscate the devices and are aiding local authorities in their ongoing investigation.

Card Skimmer that was affixed to an ATM at First Advantage Bank.

Card Skimmer that was affixed to an ATM at First Advantage Bank.

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First Advantage Bancorp releases 2014 Earnings statement

 

First Advantage BancorpClarksville, TN – First Advantage Bancorp (OTCQX: FABK), the holding company of First Advantage Bank, announced net income of $3.252 million for the year ended December 31st, 2014, up 6.0% from $3.068 million in 2013. Basic and diluted earnings per share were $0.86 and $0.80, respectively, compared to $0.78 and $0.73, respectively, in 2013.

Net income for the fourth quarter 2014 was approximately $1 million compared to $1.2 million for the fourth quarter of 2013. The decrease in net income was primarily attributed to lower mortgage-related fee income. «Read the rest of this article»

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First Advantage Bancorp announces 43 percent increase in Quarterly Cash Dividends

 

First Advantage BancorpClarksville, TN – The Board of Directors of First Advantage Bancorp (OTC QB: FABK), the holding company of First Advantage Bank, has declared an increase in quarterly dividends paid to shareholders to $0.10.

The change represents a 43 percent increase from the previous dividend rate of $0.07. The higher dividend represents a 4% annual return on the original $10/share price.

The cash dividend will be paid on or about February 16th, 2015 to shareholders of record on February 5th, 2015. «Read the rest of this article»

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Clarksville’s First Advantage Bank donates iPads to P.I.E. Partner Barksdale Elementary

 

First Advantage BankClarksville, TN – Barksdale Elementary School is kicking off the school year right with the help of Partner in Education, First Advantage Bank. New Apple iPads and an Apple charging station have been donated to the school.

Barksdale Elementary class with iPads donated by First Advantage Bank.

Barksdale Elementary class with iPads donated by First Advantage Bank.

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First Advantage Bancorp announces Quarterly Cash Dividends

 

First Advantage BancorpClarksville, TN – The Board of Directors of First Advantage Bancorp (OTC/QB: FABK), the holding company of First Advantage Bank, declares quarterly cash dividends of $0.07 per share.

The cash dividend will be paid on February 18th, 2014 to shareholders of record on February 3rd, 2014. «Read the rest of this article»

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Clarksville’s First Advantage Bancorp discontinues liquidity program with SecondMarket

 

Steers Shareholders to Trading on OTC Markets Group’s OTCQB Marketplace

First Advantage BancorpClarksville, TN – Dear Shareholder,

I’d like to take this opportunity to share some recent changes made to enhance your ability to buy and sell FABK stock.

First Advantage Bancorp shares is now trading on the OTC Markets. OTCMarkets.com is an open exchange which allows investors, using a broker, to make daily trades. Investors can also get real-time information on the bank’s stock by going here . «Read the rest of this article»

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First Advantage Bank names Scott Gupton Senior Vice President of Operations

 

First Advantage BankClarksville, TN – First Advantage Bank has welcomed Scott Gupton as Senior Vice President of Operations.

The 20-year banking veteran will manage the overall operations, technology and security at the bank’s corporate headquarters and seven locations in the mid-state, reporting to CFO Jerry Cooksey.

Scott Gupton

Scott Gupton

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First Advantage Bank promotes Michael Rye to Assistant Vice President of Commerical Business Banking

 

First Advantage BankClarksville, TN – First Advantage Bank has promoted Michael Rye to Assistant Vice President, Commercial Business Banking, strengthening the bank’s growing commercial lending team in Clarksville.

Michael Rye

Michael Rye

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First Advantage Bank Opens Franklin Tennessee Location

 

Customer-Centric Business Banking Center Expands Mid-State Footprint

First Advantage BankNashville, TNFirst Advantage Bank has expanded into Williamson County, opening its second Nashville-area business banking location in less than a year.

The new site, located at 1212 Murfreesboro Road (Highway 96) in Franklin, TN, is a strategic move by the Clarksville-based community bank to continue growing its commercial lending presence in Middle Tennessee and deliver a high-tech, streamlined, and deeply personalized banking experience.

First Advantage Bank Franklin Tennessee Location

First Advantage Bank Franklin Tennessee Location

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First Advantage Bank to go Private

 

Growing Bank Leaving NASDAQ Stock Market to Fuel Strategic Plans

First Advantage BankClarksville, TN – The board of directors for First Advantage Bancorp, the holding company for Clarksville-based First Advantage Bank, has approved a move to leave the NASDAQ Stock Market and take the bank private.

The organization will utilize SecondMarket, the leading alternative to the public markets, to facilitate stock transactions and shareholder communications. The company expects the move to create more shareholder value, allow the management team to focus on strategic plans for ongoing growth, and dramatically reduce its administrative costs. «Read the rest of this article»

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