![]() ![]() "As the number of banks in the country continues to decline, we are built to last," Steele said. Steele said she expects a smooth transition to the merger of the two independent banks "because of the strongly aligned philosophy on community banking shared between First Volunteer Bank and First Bank." Since relocating to downtown Chattanooga and renaming the bank First Volunteer Bank in 1999, First Volunteer has acquired other banks in Etowah, Lawrenceburg, Jameston, Jacksboro and Benton, Tennessee, and in Ringgold, Georgia, to grow its footprint to 24 offices in 11 counties of East and Middle Tennessee and Northwest Georgia.įirst Bank of Dalton began in 1996 and has expanded over the past 25 years to include five offices in Dalton and another office in Calhoun, Georgia. But Steele said the acquisition of FBD Holdings was the biggest of nine bank purchases First Volunteer has made during the company's history, which dates back to its start as Marion Trust and Banking Co. Terms of the bank purchase were not disclosed. "With Builtwell Bank, we have a brand that signals our commitment to ensuring our communities have a strong financial partner that will be around for another 118 years." "With this expansion further into Georgia, we realized the need to develop a new name for the bank that reflects our commitment to the communities we serve in both states," Steele said in an announcement Monday of the new name. in Dalton, Georgia, and its subsidiary, First Bank, which is the biggest independently owned bank in Dalton with more than $606.1 million in assets at the end of 2021. In November of 2021, First Volunteer Corp., the parent company for First Volunteer Bank, bought FBD Holdings Inc. ![]() Patti Steele, president of First Volunteer, said the new Builtwell name "underscores the soundness that forms the foundation of our strong community bank" and is better suited for operations in both Tennessee and Georgia. One of Chattanooga's biggest locally owned banks will take on a new identity later this year after acquiring another bank in Dalton, Georgia, last year.įirst Volunteer Bank and the bank it acquired last year, First Bank of Dalton, will become Builtwell Bank in late 2022 and will begin the rebranding of the bank's branches in Tennessee and Georgia later this year. ![]()
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