Gates Banking and Trust Company

Gates Banking and Trust Company was established on September 1, 1904. Initially, the institution operated under its original name until it underwent several significant changes over the years. On October 7, 1985, the main office relocated to the intersection of Wardlaw and Third Streets in Gates, Tennessee. In a substantial reorganization on July 15, 2002, the bank changed its primary federal regulatory agency to the Federal Reserve and converted into a state-chartered bank, thereby becoming a member of the Federal Reserve System. Subsequently, on November 16, 2021, the main office moved to 58 Wardlow Street West in Gates, Tennessee. The bank's history culminated when it merged with Bank of Crockett, based in Bells, Tennessee, on July 8, 2023, marking the end of its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1904-09-01Institution established. Original name: Gates Banking and Trust Company.

1985-10-07Main Office moved to Wardlaw And Third Streets, Gates, TN 38037.

2002-07-15Institution becomes member of the Federal Reserve System.

2002-07-15Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2002-07-15Changed Primary Federal Regulatory Agency to FED.

2021-11-16Main Office moved to 58 Wardlow St W, Gates, TN 38037.

2023-07-08Merged and became part of Bank of Crockett in Bells, TN.