Knoxville, Tenn. – On Tuesday, September 17th, Apex Bank was recognized by the Institute for Extraordinary Banking with the Thought Leader Banky™ Award for Extraordinary Bank Practices, raising the standards of banking with excellence in unique and cutting-edge practices while achieving exemplary financial results.
“We are both proud and humbled to be the recipient of the Thought Leader Banky™ Award for our bank’s asset category,” said Matt Daniels, Owner, President, and CEO of Apex Bank. “At Apex Bank, our success stems from our focus on in-office experiences and our commitment to serve our communities,” said Daniels.
The Extraordinary Banking™ Awards highlight the vital, yet often overlooked, role that local community banks play in our economy. These awards recognize the best of what community banks offer to our cities, towns, and nation, a true commitment to the success of the small businesses and local community they serve.
Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking, proclaimed during the awards ceremony: “Community banks are the backbone of America. They are what keeps a community thriving. When a community bank leaves a community, small businesses often struggle to stay, and jobs leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”
“Our team is deeply involved in the communities we serve and committed to implementing the most innovative strategies in community banking. We have a bright future with our investments in new technologies, education, and services to better assist our customers and improve our communities,” said Daniels.
With $593 million in assets, Apex Bank currently operates 15 retail offices throughout Tennessee in addition to its Knoxville-based national mortgage-servicing center. Apex Bank has been ranked number one in the state of Tennessee and second in the nation by the Independent Community Bankers Association’s (ICBA) Top Performing Banks industry analysis for a second consecutive year. Additionally, Banks Street Partners ranks Apex Bank as the top performing bank in net interest margins and return on average equity in the state of Tennessee.
For press inquiries please email press@apexbank.com. Apex Bank is a member of the FDIC.