Volunteer Federal's main branch expansion nearing completion.
Workers were busy on Saturday putting the final touches on the exterior of Volunteer Federal's main branch in downtown Madisonville. The new expansion is on schedule to be completed by the end of April, according to bank officials. The new expansion will house the mortgage department downstairs and will provide additional office space upstairs.
Volunteer Federal Savings Bank is a locally owned, state chartered, FDIC-insured, financial institution. As a non-stock mutually-owned bank, Volunteer Federal's depositors are its owners. Volunteer Federal offers a full line of banking services to individuals, families, businesses, and organizations within and around Monroe County. Six VolFed branch locations - in Madisonville, Sweetwater, Vonore and Tellico Plains - serve these communities.