SouthEast Bank

Overview / Commentary
12700 Kingston Pike
Farragut, TN 37934

SouthEast Bank is headquartered in Farragut and is the 10th largest bank in the state of Tennessee. It is also the 475th largest bank in the nation. It was established in 2002 and as of March of 2020, it had grown to 236 employees at 19 locations. SouthEast Bank has an A health rating.

Reviews (2)

Never Experienced This Before

Posted by: |

Oddly, you can open ANY account with these folks on-line....except the 2 cd specials they have going. You are able to apply, open and fund any of their other cd products through the on-line/ACH transfers process.....but the "Specials" seem to have to be done either in-person or back and forth by snail mail.
Plan on it taking a couple of weeks to get it all in place that way.
I must say..the customer service was top notch though. They were very helpful and professional in communicating and getting the info I needed. Always responded to emails and phone calls. I think it seemed perhaps strongly odd to them as well.
Hopefully the "powers that be" will realize they are truly losing out on an entire new market because of a simple inconvenience.

Customer Service

The absolute worst customer service by the Ooltewah branch! The customer “care” center is a complete joke. SouthEast lost 3 accounts today from myself & family - rest assured MANY more will follow!


Health Grade Components

FDIC Certificate #57348
Year Established2002
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD7.06%
Annual Interest Income$21.3MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$1.86B$1.65B
LoansQ1 2020vs Q1 2019$1.68B$1.44B
DepositsQ1 2020vs Q1 2019$1.68B$1.50B
Equity CapitalQ1 2020vs Q1 2019$161.8MM$136.7MM
Loan Loss AllowanceQ1 2020vs Q1 2019$8.1MM$5.8MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$1.9MM$1.9MM
Real Estate OwnedQ1 2020vs Q1 2019$93.00K$549.00K

Rates for SouthEast Bank are currently being reviewed.



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