.
                                                                               .
                                                                               .

                                                                  EXHIBIT NO. 21

                         SUBSIDIARIES OF THE REGISTRANT



                                    Percentage Owned   State of Incorporation
                                    ----------------   ----------------------
                                                 
Greene County Bank                        100%                Tennessee
Greene County Capital Trust I             100% of             Delaware
                                    Common Securities


                       SUBSIDIARIES OF GREENE COUNTY BANK


                                                 
Superior Financial Services, Inc.         100%                Tennessee

GCB Acceptance Corporation                100%                Tennessee

Fairway Title Company                     100%                Tennessee


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