The Tennessee Bankers Association, of which First Community Bank of East Tennessee is a part, and 18 statewide business associations and economic development organizations, asked the U.S. Treasury and Small Business Administration to streamline the loan forgiveness process for small businesses that received loans through the Paycheck Protection Program. In a letter to U.S. Treasury…

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PPP Loan Forgiveness Information Tennessee banks entered this pandemic from a position of strength, thanks to record capital and liquidity levels as well as prudent planning and risk management. At FCB, we look forward to helping small businesses get back to work and seeing our economy resume its strength. FCB has been working diligently to provide…

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The safest place to keep your money is in the bank. FDIC insurance covers up to $250,000 per depositor per FDIC-insured bank. The FDIC insures deposits and protects depositors’ funds in banks and savings associations. FDIC deposit insurance covers each depositor, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest. You can…

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To ensure the safety of our customers, employees, and the community, we have made the difficult decision to temporarily close our lobbies beginning Monday, March 23, 2020. All of our drive-thru locations will remain open at this time. Customers may schedule an appointment to enter the lobby by calling 423-272-5800 if assistance is needed with…

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First Community Bank (FCB) of East Tennessee recently announced a staff change and a new addition. FCB Vice President Matt Cradic has been named senior financial analyst.  He formerly served the bank as senior credit analyst.  With more than 15 years of financial services experience, Cradic was previously employed as an auditor for Fortner &…

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