Bank News / Releases

SouthEast Bank Expands Mortgage Department - January 2010

SouthEast Bank & Trust has recently expanded its mortgage department with the addition of new mortgage products and five new employees. Eric Johnson, formely with Advantage Financial Services, has joined SouthEast Bank as Vice President in charge of mortgage lending. Stacy Woods, Chad Nash and Leslie Bowen also from Advantage have joined the SouthEast Bank mortgage team as mortgage loan originators. The mortgage office will be located in the Ooltewah branch on Lee Hwy. SouthEast Bank will also have a satellite office in Athens headed up by Daniel Atkinson.

"We are excited about the expansion of our mortgage department. The expansion will allow us to better serve our customers by offering a larger selection of mortgage products and an experienced staff to service their needs" stated Sidney Breaux, CEO of SouthEast Bank.

"SouthEast Bank will now be able to offer FHA financing as well as conventional, VA, THDA and Rural Development loans. These loans are in addition to the land loans, construction loans, and home equity lines of credit that are already available. It is exciting to be joining a bank that is truly committed to the local community" stated Eric Johnson.

SouthEast Bank Opens Ooltewah Office - October 2009

SouthEast Bank held their grand opening of the new full-service Ooltewah office on Friday, October 16. Ooltewah bankers Linda Roark, Yvonne Hobbs and Gretchen Collins will service our Ooltewah customers from the new facility located at 9218 Lee Hwy.

"Linda, Yvonne, and Gretchen bring an enormous amout of experience to SouthEast Bank with their understanding of community banking, the lending knowledge and longtime service to the citizens of the Ooltewah community. We are excited about our expansion into Ooltewah" stated Steve Miller, Chairman/CEO.

On October 16, SouthEast Bank opened its newest office in Ooltewah.

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IMPORTANT NOTICE Effective July 1, 2010 SouthEast Bank & Trust will no longer participate in the FDIC's Transaction Account Guarantee Program. Beginning that date, funds held in noninterest-bearing transaction accounts will only be insured up to $250,000 under the FDIC's general deposit insurance rules.

Notice – The Unlawful Internet Gambling Enforcement Act of 2006 prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling. As an accountholder, these restricted transactions are prohibited from being processed through the account or relationship with us.

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