TNBANK is headquartered in OAK RIDGE and is the 75th largest bank in the state of Tennessee. It is also the 2,471st largest bank in the nation. It was established in 1995 and as of March of 2023, it had grown to 56 employees at 6 locations. TNBANK has a B health rating.
Great Products Great Service
I’ have had several banks where I seem to be a number of a way for the bank to make a buck. Tnbank is so different! They care about my needs and listen to what I say. The find solutions not excuses! I love my bank!
Love my bank!
I've been banking with Tenn Bank of Oak Ridge since I think 1999. In this time, I've had nothing but good experiences. They're a local institution with branches around the Knoxville, Tennessee area. I haven't seen them beyond this area. I have a savings account and checking account with them. In my years of dealing with Tenn Bank, I have had no problems with them. The people are friendly and very helpful. One time I was going overseas to a developing country and needed $20 bills in clean, good condition. This is a strange request, but the teller inside the bank had no problem accommodating me. She got out the $20's and let me choose the ones I thought would be acceptable. When I came back from overseas, the same teller was there and asked how my trip went. If I have any questions about my account the staff is always ready and willing to help me. They have no hidden or ridiculous fees that are out to rip you off by nickle and diming you. It is due to the local, friendly, and reliable nature of local banks that I flat out refuse to use a national chain bank such as Wells Fargo. While they may be nationwide, they aren't local, they tend to nickle and dime you for everything and don't care. Tenn Bank isn't like that. If I were to move out of town, I'd look up another local bank and bank with them.
CD RATES Not For Loyal Customers
TNBANK will not give loyal customers their best CD rates. I tried to support this local bank keeping money in Savings while interest rates were low, but I will not deposit any more money in TNBANK knowing how I was treated.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34023 |
| Year Established | 1995 |
| Employees | 56 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 14.83% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $300.2MM$290.6MM |
| Loans | Q1 2023vs Q1 2022 | $202.1MM$189.5MM |
| Deposits | Q1 2023vs Q1 2022 | $265.0MM$259.3MM |
| Equity Capital | Q1 2023vs Q1 2022 | $21.1MM$23.6MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $2.5MM$2.1MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $891.00K$2.2MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |