Harmon announces retirement from Bank of Tennessee

Hank Hayes • Aug 12, 2019 at 8:09 PM

KINGSPORT — Roy L. Harmon, CEO of Bank of Tennessee and divisions Carter County Bank and Mountain Community Bank, has announced his retirement from the company.

His career with Bank of Tennessee began in 1991, and he led the company as CEO and chairman of the board. During Harmon’s tenure, he oversaw the company’s expansion in to the Middle Tennessee and Knoxville markets, multiple branch redesigns, the bank’s growth to more than $1 billion in assets and leading the company to the most profitable year in the bank’s history in 2018.

Born and raised in Kingsport, Harmon attended the University of Tennessee in Knoxville and received a Bachelor’s degree in accounting. He began a long career in the financial industry in 1976 at Arthur Anderson & Co. in Chattanooga. In 1980, he served in various roles at First American Regional Bank (now Regions Bank) in Knoxville including CFO, CCO and manager of business banking.

“The employees and customers of Bank of Tennessee have been blessed by the leadership of Mr. Harmon,” said Dale Fair, president and chief operating officer. “His devotion to this company, to our staff, and to our customers is clear and felt by all. Mr. Harmon leaves Bank of Tennessee one of the most profitable, stable financial institutions in the state of Tennessee, and much of that is due to his guidance.”

Bank of Tennessee’s management team and board of directors has an established succession plan with Dale Fair stepping in to the role as CEO.

Harmon has also been a community leader and advocate for many organizations that make a positive impact on the entire state of Tennessee including serving as a Kingsport alderman, chairman of Funfest, Public Art Committee for the city of Kingsport, founding member of Friends in Need Health Clinic, the Tennessee Lottery Board, Rotary, World President’s Organization and the Tennessee Society of CPAs, to name just a few.

Bank of Tennessee is a locally owned and operated financial institution headquartered in Northeast Tennessee with more than $1 billion in assets. For more information visit www.bankoftennessee.com.