March 21, 2025

Chattanooga, TN – S&P Global Market Intelligence recently released its 2024 list of the Top 50 Best-Performing Community Banks in the Southeast Region under $3 billion in total assets. Builtwell Bank ranked 24th among the 702 eligible banks. Cleveland, TN-based Bank of Cleveland also ranked in the Top 50, coming in at number 5.

Nationally, S&P Global Market Intelligence released its Top 100 Best-Performing Community Banks under $10 billion in total assets. Among the 3,611 eligible banks, only three Tennessee banks earned a spot in the top 100, including Builtwell Bank ranking 94th and Bank of Cleveland at 48th.

The rankings were introduced by S&P Global Market Intelligence in 2011 to evaluate the performance of community banks and credit unions. The division ranks institutions based on their returns, growth and efficiency but places a premium on the strength and risk profile of their balance sheets.

Builtwell Bank was established in 1904 and has consistently ranked in the top of its peer group regionally and nationally throughout the years due to its stellar performance. “We are proud to be recognized amongst the top-performing banks in the nation and the southeast region for our performance in 2024,” said Builtwell Bank Chief Executive Officer, Patti Steele. “To have Builtwell Bank and Bank of Cleveland achieve this recognition is a true testament of the strength of each bank and the hard work and dedication of the bankers at each institution. I look forward to combining these two high-performing banks later this year as we continue to grow to meet the expanding needs of our customers and communities.”

Builtwell Bank is the largest independent community bank headquartered in Chattanooga, Tennessee with approximately $1.9 billion in total assets. Stretching across thirteen counties in Tennessee and North Georgia, Builtwell currently has 31 branch locations. To learn more, visit www.builtwell.bank.

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