Whether you are seeking a loan for a new home, automobile, mobile home, business or personal need, Volunteer Federal offers a wide variety of mortgage, commercial, and consumer loans tailored to help you reach your goal.

Choose Volunteer Federal with Confidence

Our friendly and experienced professionals can help you select the right loan product at a rate you can afford. We will also answer any questions and discuss all the options available to you so that you can make an informed decision. And since all of our decisions are made locally, right here in Monroe County, you can be assured you are receiving all of the advantages of working with people you know and people you can trust.

On-site Decision-Making and Local Ownership

 Our customers appreciate the advantages of a hometown bank, where our staff knows them as customers and as neighbors – and greets them by name. Many VolFed employees have worked at the bank for 10 to 30 years, so we’ve often shared in our customers’ life events, making lasting and meaningful personal connections. It’s this type of relationship which our customers value, and it’s the philosophy of doing business which flows right from the top at VolFed.

  • New Home Purchase
  • Home Refinance
  • Home Equity Line Of Credit (HELOC)
  • Purchase – New Car Loan
  • Purchase – Used Car Loan
  • Auto Loan Refinance
  • Land loan for lots
  • Loan for acreage
  • Temporary Construction Loan
  • Permanent Construction Loan
  • RV
  • ATV
  • Boat
  • Personal Watercraft
  • Motorcycles
  • Church Loans
  • Rental Property Loan
  • Investment Loan
  • Farm Equipment Loan
  • Agriculture Land & Property Loan
  • Vacation Loan
  • Bill Consolidation Loan
  • Christmas


Tired of feeling like an anonymous account number, dealing with a huge banking corporation headquartered far away? Volunteer Federal Savings Bank is a locally owned, state chartered, FDIC-insured, financial institution. As a non-stock mutually-owned savings bank, Volunteer Federal’s depositors are its owners. We offer 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 our communities. We are dedicated to providing neighborly, friendly customer service as the area’s only hometown community bank.