United Tennessee Bankshares, Inc. is a holding company of Newport Federal Bank (Bank). The Personal Banking business of the Bank offers a variety of checking accounts and savings accounts. The products under checking accounts are Priority Club Checking, Value Checking, negotiable order of withdrawal (NOW) checking and Money Market Checking. The saving accounts products offers individual retirement accounts (IRAs), certificate of deposits (CDs), regular savings account, Christmas club and kitty club. The Business Banking business of the Bank offers checking accounts, loans and lines of credit to businesses. The Lending activity of the Bank offers lending products to its individual and business customers, such as, mortgage loans, home improvement loans, new construction loans, debt consolidation, consumer loans, car loans, lines of credit, loans of deposits and refinancing and remodeling facilities. The Bank also offers its products online through its internet banking activity.