Nestled in the heart of Ducktown, Tennessee, the People's Bank of East Tennessee has served as a financial lifeline to the community for over a century. Founded in 1902, the bank has remained steadfast in its commitment to providing exceptional banking services, fostering economic growth, and enriching the lives of its customers.
The People's Bank of East Tennessee was established during a pivotal period in Ducktown's history. The town was experiencing a surge in mining and smelting operations, and the need for a strong financial institution became evident. The bank's founders, a group of local businessmen and community leaders, recognized the vital role a bank could play in facilitating growth and prosperity.
Over the years, the bank has been instrumental in financing various community projects, including the construction of schools, churches, and local infrastructure. Its deep-rooted ties to the community have made it a trusted advisor and a partner in the town's progress.
The People's Bank of East Tennessee offers a comprehensive suite of banking products and services designed to meet the needs of both individuals and businesses. These include:
The bank's commitment to the community extends beyond its financial services. It actively supports financial literacy initiatives, offering educational programs to students and adults alike. The bank believes that empowering individuals with financial knowledge is essential for their long-term financial success.
Furthermore, the People's Bank of East Tennessee is a dedicated supporter of local organizations and non-profits. It regularly contributes to community events, sponsors educational programs, and provides financial assistance to those in need.
Choosing the People's Bank of East Tennessee as your financial partner comes with numerous benefits, including:
When considering banking with the People's Bank of East Tennessee, there are a few common mistakes to avoid:
Opening an account with the People's Bank of East Tennessee is a straightforward process:
Banking with the People's Bank of East Tennessee matters because it provides:
If you're looking for a bank that values community, provides personalized service, and offers a comprehensive range of financial products, the People's Bank of East Tennessee is the perfect choice. Visit a branch today to open an account and experience the difference that banking with a local institution can make.
Metric | Value |
---|---|
Total Assets | $825.6 million |
Total Loans | $623.4 million |
Total Deposits | $738.1 million |
Net Income | $15.2 million |
Return on Assets | 1.85% |
Product Category | Products |
---|---|
Personal Banking | Checking accounts, savings accounts, loans, credit cards, online banking |
Business Banking | Commercial loans, lines of credit, cash management, business advisory services |
Wealth Management | Investment services, financial planning, trust administration |
Initiative | Description |
---|---|
Financial Literacy Programs | Educational programs for students and adults on financial planning, budgeting, and investing |
Community Events | Sponsorship and support of local festivals, fundraisers, and educational events |
Non-Profit Support | Grants and financial assistance to organizations working in the areas of education, healthcare, and social services |
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