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KNOXVILLE, TN (August 13, 2009) – SmartBank recently opened its Knoxville office located at 7827 Montvue Center Way and celebrated with a Ribbon Cutting Ceremony. Attending the Ribbon Cutting Ceremony were SmartBank Executives, Knoxville Chamber Ambassadors, Knox County representatives and State Senator Tim Burchett. SmartBank Chairman, Bill Carroll said, “Expanding into this market has been part of SmartBank’s business plan since inception and we feel the timing is right for a new forward-thinking community bank in Knoxville.”

Mark Field, Vice President of Membership with the Knoxville Chamber said, “We are pleased to see a great local bank expand its presence here in Knoxville. SmartBank will make it possible for more businesses and residents in our community gain the capital they need. We are excited that SmartBank chose Knoxville as a new home to grow their bank.”

SmartBank, one of the fastest growing new community banks, opened in January 2007 and currently has four offices located in Sevierville, Pigeon Forge, Gatlinburg and Knoxville. SmartBank recently surpassed $270 million in assets. For more information about SmartBank, please visit www.smartbank.net.