Franklin Synergy Bank is entertaining “several offers” for its downtown Murfreesboro property, including one from the city of Murfreesboro, an official with the bank said.
“We have several offers, and we think one of those will become a buyer, but nothing is signed,” Lee Moss, Franklin Synergy Bank Rutherford County president, said about the property that is home to the historic First United Methodist Church building, which dates back to 1888.
Moss confirmed the city of Murfreesboro is interested, but said saying more would be “premature.” The bank should have a final answer in about 30 days of who will be the next owner of the historic church.
Murfreesboro Mayor Shane McFarland said the city has been in conversations with the bank for a few weeks about purchasing the property with the intention of guiding its development. The negotiations have progressed to the point where the City Council needs to get involved.