.
                                                                               .
                                                                               .

                                                                  EXHIBIT NO. 21

                         SUBSIDIARIES OF THE REGISTRANT



                                   Percentage Owned       State of Incorporation
                                   ----------------       ----------------------
                                                    
Greene County Bank                       100%                    Tennessee

                                         100% of
Greene County Capital Trust I      Common Securities             Delaware


                        SUBSIDIARIES OF GREENE COUNTY BANK


                                                           
Superior Financial Services, Inc.        100%                    Tennessee

GCB Acceptance Corporation               100%                    Tennessee

Fairway Title Company                    100%                    Tennessee


                                       1