First Volunteer Corp., parent company for First Volunteer Bank, acquired Gateway Bank & Trust in April. The merger combines two community banks into one, with $880 million in assets, 280 employees and 24 banking offices.
“Today marks the start of an exciting new era for First Volunteer Bank,” said Patti W. Steele, president and chief executive officer for First Volunteer. “Our customers in Ringgold, Fort Oglethorpe and LaFayette will see the same smiling faces they are accustomed to seeing in the branch and can depend on the same great service; only the name changed.
“Our approach to banking is pretty simple,” Steele said. “We gather customer deposits in the communities we serve and reinvest those deposits by way of loans to your friends, neighbors and small business owners. Northwest Georgia deposits will be loaned to customers in our northwest Georgia communities. In addition, First Volunteer brings additional banking services, a full-service insurance agency and a full-time licensed mortgage banker to help you with purchasing or refinancing a new home.”
First Volunteer Bank is headquartered in Chattanooga and includes First Volunteer Insurance, a full-service insurance agency. First Volunteer operates 21 banking offices in nine counties in Tennessee and now three banking offices in northwest Georgia, including Ringgold, Fort Oglethorpe and LaFayette.