Bank holding company offering banking products and services through its subsidiary, SmartBank, primarily in Tennessee, Alabama, and Florida.
SmartFinancial, Inc. serves as a vital bank holding company overseeing SmartBank's operations, delivering a wide array of financial services to both individual and corporate customers. Headquartered in Knoxville, Tennessee, SmartFinancial operates through distinct segments including Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, and Consumer and Other. The company provides a comprehensive suite of banking products such as noninterest-bearing and interest-bearing checking accounts, savings accounts, money market accounts, time deposits, individual retirement accounts (IRAs), and certificates of deposit (CDs).
In addition to its deposit offerings, SmartFinancial offers a robust portfolio of lending products tailored to meet the financial needs of its clientele. These include commercial and residential real estate loans, consumer real estate loans, construction and land development loans, commercial and industrial loans, mortgage loans, and various types of consumer loans including installment and revolving credit loans. The company also provides wealth management, insurance services, mortgage origination, and comprehensive digital banking solutions through Internet and mobile banking platforms.
As of March 1, 2022, SmartFinancial, Inc. operated 41 full-service branches and 2 loan production offices across East and Middle Tennessee, Alabama, and the Florida Panhandle. Despite the rapid growth and evolution in financial technology, SmartFinancial has not yet incorporated cryptocurrency services into its product offerings. The company remains dedicated to its core mission of delivering personalized banking solutions, fostering community relationships, and maintaining financial stability. With a customer-centric approach and a commitment to innovation, SmartFinancial continues to enhance its service delivery and expand its presence in the markets it serves.