A Growing Member Base
Our commitment is evident as we manage a total of 45,180 share accounts a testament to the trust placed in us by our growing member base. We value each member's relationship with us and strive to foster long-lasting partnerships. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Alcoa Tenn is your trusted partner. Visit us at 160 Deer Xing Vonore Tn 37885 or call (423) 884-6124 to learn more about how we can help you achieve your financial goals.
Committed Team
We also take pride in having 75 full-time employees and 1 part-time employees who are dedicated to serving you with knowledge and care. Our team is always ready to assist you with any questions or needs you may have.
Focused on You
Unlike traditional banks, we focus on our members' needs. With non-member deposits at $0, our resources are strategically aimed at benefiting you through better loan rates, lower fees, and exclusive perks. Your interests always come first at Alcoa Tenn.
Investment in Innovation
With $46,527,781 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our growth translates into more opportunities for you.
Lending Support
Our lending capacity supports members' financial goals across various sectors with $3,406 in used auto loans and $224,023,048 in total loans and leases. Whether you're looking to buy a car or finance another project, we're here to help you every step of the way.
Member-Centric Savings Options
We prioritize your savings! Members' funds are secured through $84,058,730 in share certificates and $21,512,189 in money market shares, offering stable and rewarding financial growth opportunities. This commitment to safeguarding your assets sets us apart from traditional banks.
Operational Efficiency
Despite facing economic challenges, our operational efficiency shines through with a net income of $1,769,783 reflecting our ability to provide competitive loan rates and solid financial products for our members.
Solid Financial Foundation
With a net worth of $47,688,588, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 11.96% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.
