Chattanooga, TN – Builtwell Bank was recently ranked 13th in financial performance among all community banks in the southeast with less than $10 billion in total assets, and 66th in community banks nationwide with less than $3 billion in total assets.
S&P Global Market Intelligence released its annual rankings for 2022’s best-performing community banks in March. The rankings were introduced by S&P Global Market Intelligence in 2011 to evaluate the performance of community banks and credit unions. The division ranks institutions based on their returns, growth and efficiency but places a premium on the strength and risk profile of their balance sheets.
“We are proud to be recognized as one of the top performing banks in the nation and the southeast region for our performance in 2022,” said Builtwell Chief Executive Officer, Patti Steele. “This achievement is a result of the hard work and dedication of our bankers providing customers with exceptional service while serving as the local economic engine in the our communities. It is an honor to be recognized as a well-built bank.”
Builtwell began in 1904 as Marion Trust and Banking Company. Throughout the century, the bank grew to meet the expanding needs of local customers and businesses, adopting the First Volunteer name in 1999. Sound growth continued into the new millennium through a combination of customer service and acquisitions, always driven by the needs of local communities and always governed by sound financial reasoning.
In July of 2022, First Volunteer adopted the Builtwell name and developed a brand centered on the company’s commitment to be a well-built bank serving Tennessee and Georgia in the century ahead. Today, Builtwell Bank is the largest locally owned, multi-market community bank in southeast Tennessee and northwest Georgia.
Builtwell Bank is a community bank headquartered in Chatanooga, Tennessee with approximately $2 billion in total assets. Stretching across 13 counties in Tennessee and North Georgia, Builtwell currently has 31 branch locations. Come see us at the location nearest you.