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.
At SmartBank, we take great pride in our commitment to giving back to our community. 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 value defines SmartBank and acts as a driving force behind serving you beyond your financial needs.
SmartBank Gives Back
volunteer hours logged by SmartBank Associates for local charitable organizations and area schools in 2017
events attended by SmartBank Associates to support our communities in 2017
donated to a local National Park through client signature-based debit card transactions
Want to help a local State or National Park in your community?
Easy! Choose credit, instead of debit, when using your SmartBank debit card. With every signature-based debit transaction, SmartBank will make a donation to a local State or National Park!
Financial Education: JA BizTown
Since 2008, SmartBank has supported the Sevier County Board of Education by underwriting the tuition for each and every fifth-grade student to spend the day on campus at JA BizTown.
This onsite visit provides students with an opportunity to apply what they have learned in a realistic setting. Each student assumes a job, produces and/or sells products, receives a paycheck, works on a business team, repays business loans and manages personal bank accounts. Throughout the program, students are encouraged to use critical thinking skills to learn about key economic concepts as they explore and enhance their understanding of free enterprise. The goal of experiential education programs, such as BizTown, is to help students see how classroom learning connects to real-world actions and events. With fun as the focus at BizTown, every student will enjoy applying what they’ve learned in the classroom!
Park Partners Donations
SmartBank is committed to building exceptional value in our communities by providing lasting solutions to their problems and by protecting their greatest assets. Since 2009. SmartBank has donated over $154,000 to organizations who support local National Parks.
In 2017, SmartBank donated:
$15,000 to Friends of the Smokies
$5,000 to Great Smoky Mountains Association
$7,500 to Great Smoky Mountains Institute at Tremont
SmartBank supports a number of local charitable organizations and area schools through financial contributions and volunteer opportunities. Some of our partners include:
Friends of the Smokies
Great Smoky Mountain National Park
Random Acts of Flowers
Girls on the Run
Keep Sevier Beautiful
Sevier County Board of Education
Arrowmont School of Arts and Crafts
Knoxville Museum of Art
Knoxville Symphony Orchestra
The Ronald McDonald House
First Things First, Inc.
Chattanooga Area Food Bank
Cherokee Area Council
Hamilton County Snack Pack Program
Food For Thought, Inc.
Many other local charitable organizations and area schools.
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 >>