Bank of Cleveland has another record year

Posted Tuesday, February 12, 2019, 6:10pm

Opening its doors 31 years ago, Bank of Cleveland is the only locally owned and managed bank headquartered in Bradley County. Bank of Cleveland continued its strong performance throughout 2018, focusing on growth, safety and soundness, technology and community.As technology is constantly changing, so is banking. From telephone banking in the 1980s, to internet banking in the 1990s, to the boom of direct deposits in the last two decades, technology continues to have a large impact on payment methods, branch traffic and customer convenience. In the past year, Bank of Cleveland has implemented ATM Real Time which enables its customers to have access to their money in real time versus the old “batch” method which used a previous day’s balance for transaction approval. The latest technology rolled out to customers is the Digital Wallet. Digital Wallet enables you to make instant purchases in stores, in apps and on the web. It also enables you to send and receive money from family and friends in Messages. Bank of Cleveland’s debit cards are compatible with Apple Pay, Google Pay and Samsung Pay. 

Bank of Cleveland’s commitment to the community continued throughout 2018 with significant contributions to the Cleveland State Foundation, Lee University’s Military Appreciation Day, the Museum Center at Five Points, 100 Black Men of Cleveland and Cleveland 100.

Bank of Cleveland’s partnership with Habitat for Humanity of Cleveland continued throughout the year. The Bank’s relationship with the Federal Home Loan Bank enables grant funding opportunities through its Affordable Housing Program. Through Bank of Cleveland, Habitat for Humanity has been able to obtain over millions of dollars in grant funding throughout the years.

Bank of Cleveland’s Home Loan Center is the largest mortgage center in Bradley County and is located on the Courthouse Square at 93 North Ocoee Street. This facility has allowed Bank of Cleveland to expand and increase loan volume which has resulted in Bank of Cleveland being the largest mortgage lender in Bradley County.

Tammy Self, Bank of Cleveland senior vice president, Traci Hamilton, mortgage lender and Joe Collins, mortgage lender, were honored in 2018 by the Chattanooga Mortgage Bankers Association for volume of loans closed. Tammy Self was awarded highest honors, achieving Diamond level status; Traci Hamilton achieved Platinum level status and Joe Collins achieved Gold level status. This is the fourth consecutive year Bank of Cleveland’s mortgage lenders have been recognized for their accomplishments.

Bank of Cleveland is committed to Bradley County and strives to build a better community. For more information about Bank of Cleveland, visit the website at www.bankofcleveland.com.