What are the Top 5 biggest banks in Tennessee? | Chattanooga Times Free Press (2024)

FAQs

What are the big banks in Tennessee? ›

Some large national banks operating in Tennessee include Bank of America, Wells Fargo and Chase Bank. State banks are chartered through the Tennessee Department of Financial Institutions and usually only have locations within the state.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee.

The Bank Division has legal responsibility for ensuring that the Tennessee state-chartered banking system runs on a safe and sound basis.

First Tennessee completed the largest merger in our history to date, with Capital Bank, making us the fourth-largest regional bank in the Southeast.

The need for a Black-owned bank was finally recognized in 1904 when the One Cent Savings Bank was founded by Nashville residents and businessmen R.H. Boyd, J.C. Napier and Preston Taylor. Today the bank is known as Citizens Savings and Loan and is now the oldest continually Black-owned Bank in America.

First Horizon announced the branding change in June. First Tennessee Bank, Capital Bank, FTB Advisors and FTN Financial will all combine under the common First Horizon brand. Customers won't have to change anything on their end, said Bryan Jordan, president and CEO of the Memphis-based company.

The Federal Reserve is the central bank of the United States.

Does Tennessee have a Fifth Third Bank? ›

Find out how we can help you with checking, savings, credit cards, mobile banking, and more at Fifth Third Bank in Nashville, TN. Visit us at the Nashville location today, or contact us at (615) 687-3100.

In terms of a presence in every state, Chase Bank comes the closest, with retail locations in all of the lower 48 states. The only states without a Chase Bank location are Alaska and Hawaii.

Coutts Family Office is a financial centre of excellence for ultra-high-net-worth clients, with in-depth understanding of clients and their world.

JPMorgan Chase is the richest bank in the U.S., based on Federal Reserve data for consolidated assets. It has over $3.3 trillion in total assets, more than any bank in the country.

First Horizon Corp and Truist Financial Corp's Quality Grades. First Horizon Corp has a Quality Score of 67, which is Strong. Truist Financial Corp has a Quality Score of 49, which is Average.

NASHVILLE, Tenn., September 27, 2023--(BUSINESS WIRE)--Pinnacle Financial Partners is the No. 1 bank in the Nashville MSA based on deposits for the sixth consecutive year, according to FDIC data as of June 30, 2023, and rose to be the second biggest bank in Tennessee.

Regions Bank and Truist Bank both have free savings accounts. However, for checking accounts, Truist Bank offers more ways to waive checking account fees, but Regions Bank has lower monthly services.

We have 15 branch locations and over 40 ATMs to serve our customers.