There’s a number everyone in Nashville knows. No, not the new area code (that’s 629). No, not the address of the cheapest parking when headed downtown (2 Victory Ave.). Word around the city has it that, on average, 100 people move to town every day.
Whether it’s an exact number or not, it underscores the fast growth that Nashville and the middle Tennessee area it sits in have seen in recent years. Folks joke that the new state bird is the crane—the construction crane, that is. The local public radio station even put the “bird” on a fundraising premium.
And with growth comes opportunity. There’s lending galore, with new commercial and residential building projects, entrepreneurs hanging out shingles and corporations expanding. But with opportunity comes challenges, too. As Nashville’s national profile rises, more banks have—understandably—wanted to be part of that growth. National banks have entered the market, many by acquisition. In January 2018, JPMorgan Chase announced it was expanding into 400 high-growth markets. Music City is one of them. Click for article