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Wright Reports > Company Profile Report > M > Mountain National Bancshares, Inc.

Mountain National Bancshares, Inc. - Company Profile Snapshot

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Company Profile: Mountain National Bancshares, Inc.
Ticker: MNBT
Exchanges: OTC
2008 Sales: 39,646,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 179

Business Description
Mountain National Bancshares, Inc.. The Group's principal activities are to accept deposits and originate loans. It seeks savings and other time deposits and demand deposits from households and businesses in its primary marketing area by offering a full range of deposit accounts. It includes savings accounts, demand deposit accounts, retirement and professional accounts, including individual retirement accounts, checking accounts and time certificates. It solicits mortgage, commercial, and consumer loans, as well as other authorized investments. It has opened two branches in Gatlinburg, Pigeon Forge and in Seymour, Tennessee. It also offers additional services such as 24-hour automatic teller machines and other financial services. At 30-June-2008, the Group had 54 commercial bank branches and three savings institutions branches located in Sevier County and 51 commercial bank branches and one savings institution branch located in Blount County. It operates solely in domestic market.

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