Home > About BPC Corporation
About BPC Corporation - A Financial Services Company
The Bank of Monterey opened on October 2, 1901.
At the close of business that first day, the Bank showed deposits totaling $2284.94.
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.
- In 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.
- In 1977, BPC purchased the Bank of Cookeville, as well as installing its first ATM machine in the Cookeville Mall.
- That same year BPC began offering mortgage services to the people of the Upper Cumberland through our mortgage division known as BPC Mortgage Services.
- In 1980, BPC Corporation was formed as a bank holding company.
- In 1986, Cumberland County Bank was acquired and joined the BPC Corporation family.
- BPC expanded its financial services in 1987 by purchasing Cumberland Mountains Insurance Agency, which is now known as BPC Insurance Services.
- In 1988, we became one of the first banks in Tennessee to offer in bank brokerage services by partnering with INVEST Financial Corporation.
- In 1989, Bank of White County (an office of Bank of Putnam County) was opened in Sparta.
- In 2000, Bank of Overton County (an office of Bank of Putnam County) was opened in Livingston.
Today BPC Corporation is a financial services company with assets totaling over a half billion dollars. BPC currently operates 12 full service branches and 2 financial service centers located in Putnam, Cumberland, White and Overton counties.