The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Builtwell Bancorp in Tenn. to buy Bank of Cleveland parent

Builtwell Bancorp in Chattanooga, Tenn., has agreed to buy Bradley County Financial in Cleveland, Tenn.

The $1.8 billion-asset parent of Builtwell Bank said in a press release that it plans to buy the holding company for the $352 million-asset Bank of Cleveland in the first quarter.

The price wasn’t disclosed.

Bank of Cleveland has four branches.

Builtwell was created when First Volunteer Bank rebranded in 2022.

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