press releases · August 16, 2021
Press Release
August 17, 2021
Federal Reserve Board announces approval of application by SmartFinancial, Inc.
For release at 3:00 p.m. EDT
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The Federal Reserve Board on Tuesday announced its approval of the application by SmartFinancial, Inc., Knoxville, Tennessee, to merge with Sevier County Bancshares, Inc., and thereby indirectly acquire its subsidiary state nonmember bank, Sevier County Bank, both of Sevierville, Tennessee.
The Board also approved the proposals by SmartBank, Pigeon Forge, Tennessee, to merge with Sevier County Bank and to establish and operate branches at the locations of the main office and branches of Sevier County Bank.
Attached is the Board's order relating to this action.
For media inquiries, call 202-452-2955.
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APA
Federal Reserve (2021, August 16). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20210817_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20210817_federal_reserve_board_announces_approval_of,
author = {Federal Reserve},
title = {Press Release},
year = {2021},
month = {Aug},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20210817_federal_reserve_board_announces_approval_of},
note = {Retrieved via When the Fed Speaks corpus}
}