Corporate Social Responsibility

SmartBank’s commitment to Corporate Social Responsibility forms an integral part of our business philosophy. We are dedicated to enriching our community through meaningful initiatives and partnerships. Our efforts span community development, environmental sustainability, and financial literacy outreach programs. As stated in our mission statement, “We build exceptional value in our communities by providing lasting solutions to their problems and protecting their greatest assets.” This principle defines SmartBank and drives us to serve you comprehensively, meeting your financial needs while enhancing community well-being.

SmartBank team volunteering at a community event for a charitable cause

Community Partners

SmartBank supports numerous charitable causes in all our markets with a primary focus on financial literacy, environmental stewardship, and affordable housing. Our commitment to these areas reflects our belief in creating sustainable and equitable communities.

Financial Literacy

In our commitment to providing financial literacy, we strive to empower individuals with knowledge and skills needed to excel. To reach this goal, SmartBank Launched the pilot of “Get Smart” Money Series partnership with the Boys and Girls Club to provide financial literacy and banking basics to members and their families.

Cheerful man looking away while collecting trash with friends in a national park

Environmental Stewardship

Environmental Stewardship is another key component of our philanthropic efforts. Our employees participate in volunteer activities that directly contribute to environmental sustainability efforts within our communities.

Volunteer hours logged by SmartBank Associates in 2023, with over 1600 hours eligible for CRA credit.

approximately, in community development loans qualifying for CRA credit.

Reported 825 small business and small farm loans totaling $182 million.

Affordable Housing

We are dedicated to promoting affordable housing initiatives. In doing so, we maintained an investment portfolio of $78 million in municipal, mortgage-backed and agency securities that provide financing for affordable housing and support economic development.

Park Partners Donations

SmartBank is dedicated to delivering exceptional value to our communities by providing sustainable solutions to their challenges and protecting their greatest assets. Since 2009, SmartBank has donated over $229,000 to organizations who support the Great Smoky Mountains National Park.

We are committed to serving our local communities

donated through SmartBank’s charitable foundation to the Saban Center, which will function as a hub for innovative education, training and academic support for teachers, families, and the community, inspiring children to excel in science, technology, engineering, arts, and math (STEM).

contributed to establish a scholarship endowment at the University of Tennessee to assist deserving students from Sevier County High School who qualify based on financial need.

provided to community organizations and causes that benefit low-moderate income individuals and geographies in the Bank’s assessment areas.

represents the value of a former branch building, donated to the City of Jackson to repurpose as an ambulance service and police precinct that will serve the residents of an underserved area.