Mountain National Bank, Tennessee, Closed By Regulators – 16th Bank Failure of 2013

Mountain National Bank, Sevierville, TN was closed today by the Office of the Comptroller of the Currency.  The FDIC, appointed as receiver, sold the failed bank to First Tennessee Bank, N.A., Memphis, TN, which will assume all deposits of Mountain National Bank. Originally founded in 1998, Mountain National Bank becomes the first bank failure of […]