Mission Statement
The mission of Bank of Putnam County is to provide and promote quality financial
services to the citizens of the Upper Cumberland in a professional manner. We seek to
inspire confidence and trust among our clients, our associates, and our stockholders while
maintaining a fair profit. We will endeavor to be a good corporate citizen and be supportive
of community activities.
The History
The Bank of Monterey opened on October 2, 1901. At the close of business that first
day, the Bank showed deposits totaling $2,284.94. In November of the same year, the
Bank made its first loan in the amount of $9.50. The Bank has come a long way since that day...
- 1976 - The organization began its expansion by opening an office in Cookeville and changing its name from the Bank of Monterey to the Bank of Putnam County.
- 1977 - BPC purchased the Bank of Cookeville, as well as installing its first ATM machine in the Cookeville Mall.
- 1977 - BPC began offering mortgage services to the people of the Upper Cumberland through our mortgage division known as BPC Mortgage Services.
- 1980 - BPC Corporation was formed as a bank holding company.
- 1986 - Cumberland County Bank was acquired and joined the BPC Corporation family.
- 1987 - BPC expanded its financial services by purchasing Cumberland Mountains Insurance Agency, which is now known as BPC Insurance Services.
- 1988 - We became one of the first banks in Tennessee to offer in-bank brokerage services by partnering with INVEST Financial Corporation.
- 1989 - Bank of White County (an office of Bank of Putnam County) was opened in Sparta.
- 2000 - Bank of Overton County (an office of Bank of Putnam County) was opened in Livingston.
- 2014 - Bank of Putnam County opened a new branch in Monterey, TN on Stratton Ave.
Today BPC Corporation is a financial services company with assets totaling over a half billion dollars.
BPC Corporation currently operates 12 full service branches and 2 financial service centers located in Putnam, Cumberland, White, and Overton counties.