Born July 11, 1939, in Wilson County, he was the son of the late Byron Stroud Penuel and Lois Thompson Penuel. He was a 1957 graduate of Watertown High School and attended Cumberland University. He attended the Statesville United Methodist Church and served in the United States Army from 1964-1966.
Mr. Penuel spent 50 years in banking, having worked at Commerce Union and Sovran Bank for 35 years and the remainder of his career at Bank of The South (now Pinnacle). He had been a member of the Lebanon Noon Rotary Club since 1966, was a member of the American Legion, and coached youth baseball for 20 years with five championship teams.
He was very active in the Adult Literacy Council, was Chairman of the Lebanon Housing Authority, served on the board of Cedar Croft, and served as a member of the Board of Directors of Bank of the South.
Survivors include: his wife of 47 years Charlene Patton Penuel; sons David Wayne (Susan) Penuel and Michael (JoAnn) Penuel; and grandchildren David Reagan Penuel, William Barrett Penuel, Austin Lee Penuel, Hannah Lynn Penuel, and John Byron Penuel -- all of Lebanon.
Honorary pallbearers: Members of the Lebanon Noon Rotary Club and Associates and Friends in Banking. Active pallbearers: Wayne Hardy, T.A. Bryan, Neal Shipper, Floyd Gaddes, Chris Hamilton, and Jim Agee.
Ligon & Bobo Funeral Home of Lebanon in charge of arrangements.