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October 7 - 13, 2021
VOL. 70, No. 40
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Tri-State Bank gives way to Liberty Bank Memphis with merger by Dr. Sybil C. Mitchell
Special to The New Tri-State Defender
‘Never too late to reconcile’... Shelby County Schools Supt. Dr. Joris Ray prays with the parents whose sons were involved in last week’s shooting inside Cummings K-8 Optional School. “Both parents made a heartfelt decision to come together to speak life to our children,” said Ray of the meeting held in his office. (Photo: SCS Twitter) Related Commentary, photos on Perspective, Page 4.
Say what? TSU offers scholarship to every Middle College High senior by Dr. Sybil C. Mitchell
Special to The New Tri-State Defender
The day was epic. Middle College High School seniors were in for the biggest surprise of their lives. All 86 seniors were awarded scholarships from Tennessee State University. Principal Kimberly Eason called a regular assembly under the guise of parents of seniors being invited to “just hear more about Tennessee State.” “Any time someone presents an opportunity for my students, I take it,” said Eason. “But, when Tennessee State reached out to give scholarships to our seniors, we never dreamed the offer would be extended to every, single senior.” Eason wanted to surprise the 86 graduating seniors. So, she didn’t let on that the office staff was holding a wonderful secret. Everyone is at the assembly – undergrads, seniors, parents, and Middle College teachers and staff. The TSU representative announced scholarships are being awarded to deserving seniors. He did not say how many scholarships and he did not list the criteria for choosing the recipients. “I wanted to make the event as big as possible. So, the TSU Assistant Director of Admissions William Smith just starts calling the names of scholarship recipients,” said Eason. “I had asked everyone who was called to come down and stand, because I wanted all of our seniors to have that walk of honor.”
Tri-State Bank of Memphis will complete its merger with Liberty Bank and Trust Co., the largest African-American owned financial institution in the nation, on Friday (Oct. 8). Executives of both institutions announced the completion on Tuesday (Oct. 5). Under the merger, the Tri-State name – long synonymous with providing financial opportunities for African-Americans – will be retired. After Friday, Tri-State Bank will become Liberty Bank and Trust in Memphis. “It’s not just that we are an African-American bank. We are a good bank,” said Liberty Bank Memphis Senior Vice President Angel Price. “Tri-State Bank will get the benefit of our new technology. Every service that other commercial banks can offer will be available.” Angel Both Liberty Bank Price Memphis customers and former Tri-State Bank customers, particularly established small business customers, are likely to see immediate benefits from the merger, Price said. “With access to new capital, and as part of a larger financial organization, our loan limits will
SEE BANK ON PAGE 2
Service-oriented life of Barbara Swearengen Ware ends at 82 Services Friday for former City Councilwoman TSD Newsroom
crazy, too. The happy pandemonium mounts to a deafening crescendo, and as the last names are
Barbara Swearengen Ware valued the good that people do over a lifetime of service. She said as much a few years back when saluted at The New Tri-State Defender’s 65th Anniversary Legends and Leaders Gala. The long-serving, former Memphis City Councilwoman – a passionate fighter for the residents of District 7 – died at Memphis University Hospital on last Thursday (Sept. 30, with her family confirming that she succumbed to COVID-19. She was 82. The funeral service has been set for Friday (Oct. 8) from 10 a.m. until noon at Greater Community Temple COGIC, 5151 Winchester Road. Masking and social distancing guidelines will be enforced. Christian Funeral Directors has charge. Upon retiring from the council after sixteenand-a-half years, Ware reflected upon her service during a conversation with the TSD. “I have been an adamant voice for the con-
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This Middle College High School study session shows three students – (l-r) Chaunceona Walker, A’Maya Ramsey and Hailey Henderson putting in the work. (Photo: Gary S. Whitlow/GSW Enterprises) And they just kept coming. Name after name is randomly called. Seniors are shouting, dancing, jumping, and screaming as each name gets called, and they run down to the front. Parents are going
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