Watch your mail for the detailed prospectus of the InsCorp stock offering that is going out this week to Insurors of Tennessee members and others. InsCorp, the insurance holding company that owns 50% of Insurors Bank of Tennessee, presents the opportunity to purchase additional stock to raise up to $1.8 million for the continued growth of the bank. Civitas (formerly Civitas BankGroup) owns the other 50% of the bank and will equally match InsCorp's capital injections.
Now at $47 million in total assets, the bank's unique business model serves Tennessee's insurance community without branches or walk-in facilities. IBOT takes banking to the privacy and security of the client's office by using hands-on superior service and cutting edge technology. And, most importantly, agencies have the assurance that this bank will not compete with them for the insurance client's business!
Additional copies of the prospectus are available by contacting the bank and will be available on the Web site next week. Join your peers and invest in "your bank"!
This document is not an offer to sell or a solicitation of an offer to buy any securities. The offering by the Corporation to sell securities is made only by the forthcoming Prospectus, copies of which may be obtained in any state in which this announcement is circulated only from such of the management as may lawfully offer these securities in such state.
