United American Bank

THE UNITED American Bank (UAB), based in Knoxville, Tennessee, was part of the Butcher brothers' financial empire which collapsed as a result of numerous legal and banking problems. Jake and C. H. Butcher were originally considered to be some of Knoxville's finest residents. Exercising influence from their financial empire which included 27 banks in Tennessee and Kentucky with over $3 billion in assets, the Butcher brothers were responsible for funding Knoxville's two tallest buildings and for attracting the World's Fair in 1982.

The brothers worked together well, with Jake taking care of expansions in larger markets and C. H. dealing with the more rural areas. Jake could win investment from wealthy industrialists while C. H. was persuasive with small community farmers. However, the situation did not ...