Volunteer State Bank is headquartered in Portland and is the 30th largest bank in the state of Tennessee. It is also the 1,081st largest bank in the nation. It was established in 1977 and as of December of 2018, it had grown to 248 employees at 12 locations. Volunteer State Bank has an A health rating.
They refuse to get Apple Pay. It’s like having a bank that is run by your grandpa who is afraid of technology. It’s 2018 and I’m the only one of my friends that can’t pay from their phone cause I have a bank that won’t get the service. If they’d just do that they’d be an overall great bank.
|FDIC Certificate #||22451|
|Return on Assets - YTD||1.55%|
|Return on Equity - YTD||16.82%|
|Annual Interest Income||$31.4MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$696.3MM$621.7MM|
|Loans||Q4 2018vs Q4 2017||$591.2MM$524.3MM|
|Deposits||Q4 2018vs Q4 2017||$545.4MM$474.5MM|
|Equity Capital||Q4 2018vs Q4 2017||$66.3MM$60.8MM|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$6.5MM$5.5MM|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$1.8MM$6.3MM|
|Real Estate Owned||Q4 2018vs Q4 2017||$826.00K$609.00K|
Rates for Volunteer State Bank are currently being reviewed.