FDIC Transaction Account Guarantee Program Our institution has elected to participate in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
Sevier County’s oldest business continues to grow and prosper thanks to our loyal employees and customers, our unique communities, a solid, diverse local economy and our wonderful quality of life here. Our Great Smoky Mountains National Park attracts millions of visitors – every year!
Just think for a moment of all the other reasons people come from far and wide to visit, vacation and relax and even retire in Sevier County and you see why we focus more on Main Street Sevier County than Wall Street, New York.
For the record, we are a “charter member” of the FDIC, having joined at the first opportunity in 1933. Over 97% of our loans are made in Sevier County. Sevier County Bank is one of the most highly capitalized banks in the country.
Toward that end we built a new 60,000 square foot headquarters in 2006, and in 2009 we constructed new branches in Seymour and Gatlinburg. We have been through all the economic ups and downs of the past 100 years and we know this one too shall pass. Certainly there will be hardships and probably some significant changes in national and world economy, but Sevier County has been resilient and we have even benefited at times in certain times of distress.
Lastly, every individual, every household and every business need to always be vigilant about their financial health. Sevier County Bank, like most community banks, is ready, willing and able for our customers. Now is certainly a time when strong, experienced leadership is needed at all levels.
The FDIC has a wonderful website www.FDIC.gov that might be helpful to those with questions or you can always call or come by any Sevier County Bank office - “we’re bankers you can talk to” and we’ll be glad to see you!
Sevier County Bank • 111 Main Street • Sevierville TN 37862 Phone: 865-453-6101 • Fax: 865-428-9762
Branches and additional offices:
(865) 453-5626101 E Main St Sevierville, TN 37862-3555