SimplyBank
- Bank Name:SimplyBank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #10693 - Inactive
- FED RSSD ID:#724230 - Inactive
History Of SimplyBank
SimplyBank was established in 1890 as Hamilton Bank of Rhea County. The institution underwent several name changes throughout its history, becoming Liberty Bank of Tennessee - Rhea County in 1976 and subsequently changing its name to Bank of Rhea County later that year. In the following decades, it continued to evolve, adopting the names United American Bank in Rhea County in 1981, City & County Bank of Rhea County in 1982, and First Bank of Rhea County in 1983. In 1999, the bank rebranded as First Bank of Tennessee. A significant transition occurred in 2018 when it changed its name to SimplyBank. The main office was relocated multiple times, with notable moves including a relocation to Spring City, Tennessee, in 1973, and later to Dayton, Tennessee, in 2021. SimplyBank expanded its operations by acquiring Community National Bank in Dayton, Tennessee, on March 19, 2021, followed by the acquisition of Peoples Bank of Polk County in Benton, Tennessee, in December 2004. On March 22, 2021, SimplyBank's main office was moved to 420 Third Avenue, Dayton, Tennessee. The bank ultimately merged with First Financial Bank, National Association on July 1, 2024, and is now part of the institution based in Terre Haute, Indiana.
Below is a list of some important events in banks history, including mergers and acquisitions.
1890-01-01Institution established. Original name: Hamilton Bank of Rhea County.
1972-08-09Changed Institution Name to Hamilton Bank of Rhea County.
1972-08-09Main Office moved to First Street, Spring City, TN 37381.
1973-04-16Main Office moved to Front Street, Spring City, TN 37381.
1976-02-27Changed Institution Name to Bank of Rhea County.
1976-08-04Changed Institution Name to Liberty Bank of Tennessee - Rhea County.
1981-06-01Changed Institution Name to United American Bank in Rhea County.
1982-06-09Changed Institution Name to City & County Bank of Rhea County.
1983-12-08Changed Institution Name to First Bank of Rhea County.
1999-08-01Changed Institution Name to First Bank of Tennessee.
2004-12-31Acquired Peoples Bank of Polk County in Benton, TN.
2006-03-31Main Office moved to 369 Front Street, Spring City, TN 37381.
2018-10-06Changed Institution Name to SimplyBank..
2021-03-19Acquired Community National Bank in Dayton, TN.
2021-03-22Main Office moved to 420 Third Ave, Dayton, TN 37321.
2024-07-01Merged and became part of First Financial Bank, National Association in Terre Haute, IN.
Bank Reviews & Complaints
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I am a VERY happy customer. I have a location close to me. I have a drive-up ATM. I have wheelchair access to their lobby. I have friendly tellers to help with my transactions. I have telephone support when needed. The internet has changed us ALL and Simply Bank has changed (for the better).