About Clayton Bank
Clayton Bancorp is a statewide community banking organizationon focused on serving customer needs through a full line of tailored financial services and local decision makers. Clayton Bank and Trust (Clayton Bank or “CBT”) is a FDIC regulated Tennessee state bank. Fiduciary powers (or Trust powers) were first granted in 2003 by the FDIC and the Tennessee Department of Financial Institutions.
Jim Clayton founded CBT through the 2002 purchase of First State Bank of Henderson Tennessee, the main bank of Jim’s childhood home. In 2004 Friendship Bank of Friendship, Lexington and Covington, and American City Bank of Tullahoma and Manchester were added, and in 2006 the Bank of Camden with four offices was acquired. CBT expanded to Knoxville and Cookeville in 2005. Locally, the Bank operates branches in downtown Knoxville, West Knoxville, Farragut, Clinton Highway and Alcoa and has acquired sites for several additional branch offices in and around the Knoxville community. With more than $1 billion in assets and 31 offices in 20 cities, the Clayton family of banks satisfies the banking needs of more than 60,000 individual and commercial clients across Tennessee.
The Bank, which is 100% owned by Jim Clayton of Knoxville and the Clayton Bancorp Employee Stock Ownership Plan, has been recognized as one of the 50 fastest growing companies in Tennessee by Business TN Magazine.