Apex Bank invests in Farragut market
The bank acquired two locations — one in Farragut and one in Bearden — from HomeTrust Bank in May 2025.
“We are excited to expand our local presence and bring Apex Bank’s full range of community banking services to the Farragut area,” said Mike Thomas, senior vice president and head of retail banking for Apex Bank. “We have operated in Knoxville since 2020 with the opening of our South Knoxville location.
“With the dual opening of our Farragut and Bearden locations, as well as additional office openings in the future, we’re thrilled to be able to provide more locations to better serve our customers,” he said.
“We chose Farragut because it’s a thriving community with strong local businesses, engaged residents and a growing economy,” Thomas said. “It is a perfect fit with our community-first approach.
“Being locally headquartered in Knoxville and already deeply rooted in the region helps us better understand the needs of our neighbors here,” he said. “We want to be right here with you, providing personalized service that larger banks often can’t match.”
Reflecting on its unique traits, Thomas said, “What sets Apex Bank apart is our community-focused mindset.
