Volunteer Federal Savings Bank: how it compares with its peers
Against 47 TN banks with half to twice its assets, Volunteer Federal Savings Bank's strongest measure in Q2 2026 is return on assets (0.92% vs. a 1.08% peer median). Its weakest relative measure is net interest margin (3.28% vs. 4.01%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.92% | 1.08% | Middle third Ahead of 47% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.28% | 4.01% | Bottom third Ahead of 9% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 69.96% | 67.05% | Middle third Ahead of 45% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.9M | $6.4M | Bottom third Ahead of 13% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.58% | 83.29% | Context |
What it means for lending operations
Its efficiency ratio of 69.96% is above the 67.05% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Security Federal Savings Bank of McMinnville Mcminnville, TN · $386M
- RockPointBank, National Association Chattanooga, TN · $384M
- Bank of Frankewing Frankewing, TN · $413M
- First Vision Bank of Tennessee Tullahoma, TN · $414M
- Heritage Bank & Trust Columbia, TN · $418M
- Tower Community Bank Jasper, TN · $375M
Questions about Volunteer Federal Savings Bank
How big is Volunteer Federal Savings Bank?
Volunteer Federal Savings Bank, established in 1973, is headquartered in Madisonville, TN. It reported $397M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Volunteer Federal Savings Bank's return on assets?
0.92% annualized in Q2 2026, against a 1.08% median for 47 TN banks with half to twice its assets, ahead of 47% of them.
What is Volunteer Federal Savings Bank's efficiency ratio?
69.96% in Q2 2026: it spent about 70 cents in noninterest expense for each dollar of revenue. The peer median is 67.05%, and lower is better.
Is Volunteer Federal Savings Bank growing its loans?
Net loans grew 6.5% over the year to Q2 2026, while deposits grew 5.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are TN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Tennessee bank ranked.