Chapel Hill, Tenn. – On January 21, 2020, First State Bank of Chapel Hill will re-brand and open under the Apex Bank name. First State Bank of Chapel Hill has been operating as a division of Apex Bank since October of 2013. Bank staff, products, and services will remain unchanged.

“We are excited to open as Apex Bank today,” said Jenita Daughrity, office manager. “We hope to see many of our neighbors as our team looks forward to serving our community and continuing our commitment to community-focused banking.”

Apex Bank, founded in 1931 and headquartered in Tennessee, is consistently ranked as one of the best performing community banks in America. Apex Bank has experienced tremendous growth in the last 11 years, increasing total assets from $157 million to $589 million as of December 31, 2019.

“Apex Bank is well known for its strong sense of community, and for being an active leader and partner in the diverse markets we serve,” said Danny Bingham, Business Development Officer. “At Apex Bank, exceeding customer expectations is our goal.”

Apex Bank provides a vast number of services including checking and savings, consumer and commercial lending, a wide variety of mortgage programs, and business banking in 15 locations across Tennessee. 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, Apex Bank has also been recognized by the Institute for Extraordinary Banking with the Thought Leader Banky™ Award for Extraordinary Bank Practices.

For press inquiries please email press@apexbank.com. Apex Bank is a member of the FDIC.