SMARTFINANCIAL, INC. COMPLETES ACQUISITION OF FOOTHILLS BANCORP, INC.
On November 1st, SmartFinancial, Inc., Knoxville, Tennessee (“SmartFinancial”) (Nasdaq: SMBK), parent company of SmartBank, announced the completion of its previously-announced acquisition of Foothills Bancorp, Inc., Maryville, Tennessee (“Foothills Bancorp”), and Foothills Bancorp’s wholly owned bank subsidiary, Foothills Bank & Trust. Effective November 1, 2018, Foothills Bancorp has been merged with and into SmartFinancial, and Foothills Bank & Trust has been merged with and into SmartBank. Based on financial data as of September 30, 2018, the combined company has total consolidated assets of approximately $2.3 billion. This marks SmartFinancial’s third acquisition in the last 12 months. For the full release, click here.
Other fees such as non-sufficient funds (NSF), overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Offer good on personal accounts only; ask us about our outstanding options for your business or organization. Bank rules and regulations apply. Minimum opening deposit is only $50. Ask us for details.
*Free gift provided at the time of account opening.
**Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented.
We strive to employ the right mix of people from many different backgrounds who care about doing banking in a different way, The SmartBank Way. View Openings >>