The Community Bank of East Tennessee (Logo) Online Banking
Log In
Enroll
Learn More
Personal Banking
Business Banking
Online Banking
Convenience Services
Loans & Mortgages
About Us
Calculators
Current Rates
Employment Opportunity
Home

Mission Statement

This bank was established to make a profit while serving the financial needs of (1) our community, (2) its businesses, and (3) its citizens. We are in the financial services business, and no line of financial services is beyond our charter as long as it serves the needs of businesses and families of our community.

The primary mission of this bank is to maximize its sustainable earnings. That is, we want to maximize the total earnings of the bank over the long term. When necessary, we will sacrifice short-term earnings for higher profits in the future, but only when an analysis shows that the short-term sacrifices are worth the long-term gains.

This bank is a responsible citizen and a business leader of the community. The bank takes its citizenship duties seriously and will not knowingly take actions that are adverse to the best interest of the community, its businesses or its families.

The bank's most important asset is its customers. Without our customers, we are nothing. Our products are designed to meet the needs of our customers; our hours are set to meet the needs of our customers; and our employees are hired to meet the needs of our customers. High quality customer service is the true mission of this bank. It is only through the accomplishment of this mission that we can reach our profitability goals.

The next most important asset of our bank is its employees. Without dedicated and responsible employees, it would be impossible for the bank to be a responsible citizen of the community or to render high quality customer service. A mission of this bank, therefore, is to be a responsible employer. All bank employees will be treated with dignity and respect. All will be given equal opportunity and a fair wage without respect to race, color, sex, age or physical handicap.

A one sentence statement of the bank's mission is as follows: The mission of this bank is to maximize its sustainable earnings while being a responsible business that renders high quality service to customers through the efforts of fairly treated employees.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE
FOR NON-INTEREST BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.

Member FDIC
Equal Housing Lender

Home | Privacy Statement | Terms of Use | USA PATRIOT Act Information
Personal Banking | Business Banking | Online Banking | Convenience Services
Loans & Mortgages | About Us | Calculators

 Powered by ProfitStars.

NOTICE: The Community Bank of East Tennesee is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. The portal and news features are being provided by an outside source - The bank is not responsible for the content. Please contact us with any concerns or comments.