updated 1/21/2011 6:47:55 AM ET 2011-01-21T11:47:55

FRANKLIN, Tenn., Jan. 21, 2011 (GLOBE NEWSWIRE) -- Tennessee Commerce Bancorp, Inc. (Nasdaq:TNCC) announced that effective today Chief Administrative Officer Martin Zorn has resigned from the Company. Mr. Zorn will be relocating to Honolulu, Hawaii where he will become an executive with a closely-held technology company.

"Martin has been an asset and a valuable part of the executive team as we have navigated through the current economic turbulence. He has helped reinforce the company's position as the leading business bank in Middle Tennessee," said Mike Sapp, Chairman, President and Chief Executive Officer.  "We wish him the best of success in his new career." For the foreseeable future, Martin plans to serve as a consultant to Tennessee Commerce in the completion of a number of important initiatives.

About Tennessee Commerce Bancorp, Inc.

Tennessee Commerce Bancorp, Inc. is the parent company of Tennessee Commerce Bank. The Bank provides a wide range of banking services and is primarily focused on business accounts. Its corporate and banking office is located in Franklin, Tennessee. Tennessee Commerce Bancorp's stock is listed on the NASDAQ Global Market under the symbol "TNCC."

Additional information concerning Tennessee Commerce can be accessed at www.tncommercebank.com .

CONTACT: Frank Perez
         Chief Financial Officer
         615-599-2274

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.03%
$30K home equity loan FICO 5.68%
$75K home equity loan FICO 4.87%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.15%
17.15%
Source: Bankrate.com