William Y. Carroll Jr.
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Members of the Atlanta Fed’s boards of directors play a critical role in helping to formulate monetary policy, and they act as a link between the Federal Reserve and the community. Head office directors also oversee the general management of the Reserve Bank and its branches. The Sixth District’s 44 board members are business and community leaders representing a broad mix of industries and economic sectors. They come from local, regional, and global organizations headquartered across our region.
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Biography
William Y. Carroll Jr.
President and Chief Executive Officer
SmartBank Inc.
Pigeon Forge, Tennessee
Class A
Elected: January 2024
Term expires: December 31, 2027
William Y. Carroll Jr. has served as president and chief executive officer of SmartBank since its inception in 2007 and is also a founding director of SmartBank. Headquartered in Pigeon Forge, Tennessee, SmartBank is a full-service commercial bank providing banking, investment, and mortgage financial services with 42 branches spanning Tennessee, Alabama, and Florida. SmartFinancial Inc., located in Knoxville, Tennessee, is the holding company for SmartBank.
Mr. Carroll began his career with Kraft CPAs in Nashville, Tennessee. He joined Citizens National Bank in 1992, where he held various management positions, including executive vice president and chief financial officer. He also served on the bank’s board of directors as well as the loan committee and asset liability committee.
Mr. Carroll is a member of the board of directors of the Federal Reserve Bank of Atlanta. He also serves on the boards of SmartFinancial and SmartBank, and he has served as chairman of the Tennessee Bankers Association. He is a member of the University of Tennessee Haslam College of Business Finance Advisory Council and the FIS CEO Strategic Planning Advisory Council. Mr. Carroll previously served on the boards of the Federal Reserve Bank of Atlanta’s Nashville Branch, the Sevierville Planning Commission, the Sevier County Economic Development Council, and the Great Smoky Mountains Institute at Tremont.
Mr. Carroll earned his BS in business administration from the University of Tennessee.