FNB News & Information
January 27, 2015
United Community Banks, Inc. (Nasdaq:UCBI) ("United") and MoneyTree Corporation ("MoneyTree") announced today a definitive agreement for United to acquire MoneyTree and its wholly-owned bank subsidiary, First National Bank ("FNB"). MoneyTree and FNB are headquartered in Lenoir City, Tennessee. The resulting combination will enhance both United's position in key growth markets in East Tennessee and its ability to offer expanded banking products to FNB's customer base. The transaction has been unanimously approved by the Board of Directors of each company and is expected to close in the second quarter of 2015
David Allen, President and CEO of FNB commented, "Combining with United Community Bank enables our customers to benefit from enhanced resources and products from their banking organization. United Community Bank has established itself as 'The Bank that SERVICE Built' and that is a model we know well. We have been serving customers in East Tennessee faithfully for 107 years. This partnership further assures us of having the ability to be a leader in meeting the financial services needs of our customers and to meaningfully contribute to our local communities. That is what community banking is all about."
FNB's Chairman Ted L. Wampler, Sr. stated, "We built our reputation and strength over the years by being a leading bank in the community while meeting the needs of our customers. The bank's focus and structure surround each of the communities it serves with employees who are committed to provide friendly personal service. Our board is confident that this strategic combination enhances this commitment and is consistent with our tradition as demonstrated by each director signing an agreement affirming their support."
May 29, 2014
Great News! First National Bank opened an office in Vonore, Tennessee. Located at 2041 Hwy 411, the building is at the intersection of Hwy 411 and Hwy 72 in the heart of Vonore. This office provides full service banking with an in-house mortgage loan originator, Joy Hutsell-Smith. Other staff members include Cindy Evans, Manager along with Amy Maynor and Angel Johnson.
Stop by soon. Lobby and drive thru hours are Monday - Friday 8:30 a.m. until 5:00 p.m. Or, phone us at (423) 884-1490.