Fourth Capital

What Fourth Capital does

Fourth Capital operates Volunteer Bank, a Middle Tennessee community bank with a 48-year operating history originating as Volunteer State Bank (founded 1977) and rebranded to Volunteer Bank in 2024. Following the January 1, 2026 charter consolidation with F&M Bank under the Lawrence Bank charter, the combined entity is positioned to operate 32 branches across Middle Tennessee by mid-2026 while preserving both Volunteer Bank and F&M Bank brand identities. The bank delivers a full product suite to individual consumers and small-to-medium businesses: personal checking and savings accounts (Simply Checking, Simply Interest Checking, BankOn, Advantage Savings, Advantage Money Market, CDs, IRAs), consumer and business loans (mortgages, HELOCs, construction, personal, auto, term, equipment, commercial real estate, lines of credit, letters of credit), credit cards, and business services including treasury management, merchant card processing, and remote deposit capture. Distribution combines 32 physical branches, online and mobile banking (iOS/Android), a surcharge-free ATM network, and telephone banking.

Revenue mechanics follow the standard community banking model: net interest income from loans and investments net of deposit costs is the primary stream (subscription/recurring in nature), supplemented by non-interest fee income from service charges, account fees, ATM surcharges, credit card interchange, and merchant processing (transaction-fee). Specific product pricing is not publicly disclosed; rates are published on the website for CDs, savings, and loan products. The go-to-market is direct-to-consumer via the regional branch network and digital channels, targeting Middle Tennessee residents and local businesses, with community-oriented marketing (social media, website content, Salvation Army Angel Tree Program) reinforcing local brand affinity.

Core technology is a conventional digital banking platform supporting balance viewing, fund transfers, loan payments, mobile check deposit, mobile wallet integration, branch/ATM location, and peer-to-peer payments via Zelle. No proprietary AI/ML capabilities, APIs, SDKs, or MCP integrations are disclosed. The bank holds no patents, has no external funding rounds, and is privately held under the Lawrence Bank parent structure with no disclosed venture capital or private equity backing.

Name

Fourth Capital

Legal name

Volunteer Bank

Website

https://fourthcapital.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

101–250 employees

Short description

Fourth Capital operates Volunteer Bank, a Middle Tennessee community bank serving individual consumers and local small-to-medium businesses with checking, savings, loans, and treasury services across a planned 32-branch regional network under the Lawrence Bank charter.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

akta.pro secondary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Community banking services
• Commercial lending
• Personal banking
• Digital banking platform
• Merchant card services

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Interest earned on loans (home mortgages, HELOCs, personal loans, auto loans, business term loans, equipment loans, commercial real estate loans) and investments minus interest paid on deposits.
2. Non-Interest Fee Income: Fees from checking accounts, ATM surcharges (surcharge-free ATMs available at network locations), credit cards, merchant services, and other account services.
3. Service Charges: Monthly maintenance fees, overdraft fees, wire transfer fees, and other banking service charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Fourth Capital, operating the Volunteer Bank brand in Middle Tennessee, provides a full suite of retail and commercial banking products to consumers and small-to-medium businesses, including personal and business checking and savings accounts, certificates of deposit, IRAs, home mortgages, home equity lines of credit, construction loans, personal and auto loans, business term loans, equipment financing, commercial real estate loans, lines of credit, letters of credit, and consumer and business credit cards. The bank also delivers treasury management, merchant card services, remote deposit capture, investment services, and digital banking through online, mobile, ATM, and telephone channels, with local underwriters handling loan decisions.

Product overview

Volunteer Bank is a regional bank serving Middle Tennessee, offering a comprehensive suite of personal and business banking products. The bank operates as part of Lawrence Bank (alongside F&M Bank) following a rebranding from Volunteer State Bank. The product portfolio includes personal checking and savings accounts (Simply Checking, Simply Interest Checking, Advantage Savings, Advantage Money Market, CDs, IRAs), business checking and savings accounts (Everyday Business Checking, Prime Business Checking, Commercial Checking, IOLTA), loan products (home mortgages, HELOCs, construction loans, personal loans, auto loans, business term loans, equipment loans, commercial real estate loans, lines of credit, letters of credit), credit cards (consumer and business), and digital banking services (online/mobile banking, Zelle, CardHub, Remote Deposit Capture, Treasury Management, Merchant Card Services). The bank emphasizes digital banking capabilities including mobile deposits, fund transfers, and mobile wallet integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Simply Checking Personal checking account offering convenient features designed to save time and money for individual consumers.
• Simply Interest Checking Personal checking account that earns interest on deposited funds for individual consumers.
• BankOn Checking Personal checking account designed for accessible banking for individual consumers.
• Advantage Savings Personal savings account with competitive interest rates for individual consumers.
• Advantage Money Market Personal savings product with competitive tiered interest rates while maintaining easy access to funds for individual consumers.
• Certificates of Deposit (CDs) - Personal Short-term or long-term certificate options for personal savings growth.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts for individual consumers.
• Everyday Business Checking Business checking account with the basics of checking and convenience features for small businesses.
• Prime Business Checking Business checking account designed for growing small-to-medium businesses.
• Commercial Checking Checking account for commercial business needs at established small-to-medium enterprises.
• IOLTA Checking Interest on Lawyer Trust Accounts (IOLTA) checking account designed for legal professionals and law firms.
• Advantage Money Market Business Business savings account with tiered interest rates and fund accessibility for small-to-medium businesses.
• Business Certificates of Deposit (CDs) Certificate of deposit products for business savings growth at small-to-medium businesses.
• Home Mortgage Loans Loans for purchasing or refinancing primary or secondary homes for individual consumers.
• Home Equity Line of Credit (HELOC) Revolving line of credit using home equity for remodeling, education, or other personal expenses.
• Construction Loans Loans for building new residential homes for individual consumers.
• Personal Loans Personal loans for car repairs, home improvements, vacations, and other personal needs.
• Auto Loans Financing for new and used vehicle purchases for individual consumers.
• Business Term Loans Term financing for business needs including equipment upgrades and location leases for small-to-medium businesses.
• Equipment Loans Loans for business equipment purchases by small-to-medium businesses.
• Commercial Real Estate Loans Financing for commercial property acquisition and development by small-to-medium businesses.
• Business Lines of Credit Flexible revolving credit lines for business operational needs of small-to-medium businesses.
• Letters of Credit (LOC) Credit instruments used by small-to-medium businesses to facilitate commercial transactions.
• Financing for Professionals Specialized financing solutions tailored for professional practices such as medical, dental, legal, and accounting firms.
• Consumer Credit Cards Credit card products for personal use by individual consumers.
• Business Credit Cards Credit card products for business expenses at small-to-medium businesses.
• Treasury Management Business services to streamline payments, maximize earnings on operating balances, and minimize business costs for small-to-medium businesses.
• Merchant Card Services Payment processing services for businesses of all sizes, from startups to established enterprises.
• Remote Deposit Capture Service enabling businesses to deposit checks remotely at their convenience from their own locations.
• Investment Services Wealth management and investment products for individuals and small-to-medium businesses.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• F&M BankflagshipStrategic or Co-development Partner · 1 January 2026Integration of Volunteer Bank and F&M Bank under Lawrence Bank charter effective January 1, 2026. Combined entity will operate 32 branches across Middle Tennessee while preserving both local brands. Both banks maintain their names, brands, and local identity under the unified charter.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Truist Financial Corporation: Large super-regional bank with significant Nashville/Middle Tennessee retail and commercial presence — overlapping consumer/SMB product suite but with materially larger scale and broader geographic footprint.
• Regions Financial Corporation: Super-regional bank with extensive Tennessee branch network and full consumer/commercial/SMB banking suite — competes directly for the same Middle Tennessee households and businesses as Volunteer Bank.
• Citizens Financial Group: Mid-Atlantic/Northeast super-regional bank with growing commercial banking and treasury management franchises that periodically overlap Volunteer Bank's SMB and CRE lending segments.

Direct peers

• F&M Bank: Tennessee-based community bank currently integrating with Volunteer Bank under the Lawrence Bank charter — operates comparable personal/business banking products across Middle Tennessee.
• Renasant Corporation: Community-focused regional bank with comparable consumer/SMB banking and CRE lending product set, operating across the Southeast — directly comparable business model and customer profile.
• SmartBank: Tennessee-based community bank with personal/business checking, lending, and treasury products across the Southeast — similar scale, customer profile, and digital-plus-branch model.
• Pinnacle Financial Partners: Nashville-headquartered commercial bank with deep Tennessee franchise serving consumers and SMBs with similar deposit, lending, treasury, and wealth products — the most direct in-market competitor.
• BankTennessee: Memphis-based community bank providing personal and business banking, loans, and treasury services to Tennessee consumers and SMBs — directly comparable regional community-banking peer.
• Wilson Bank & Trust: Tennessee community bank headquartered in Lebanon, TN, serving Middle Tennessee consumers and small businesses with personal/business banking, mortgages, and treasury services — direct local competitor with similar scale.
• First Horizon Corporation: Tennessee-headquartered regional bank providing consumer and commercial banking, mortgages, wealth, and treasury services — overlapping product mix and overlapping Middle Tennessee geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/fourthcapbank
• Facebookfacebook.com/fourthcapbank
• LinkedInlinkedin.com/company/fourthcapbank
• Instagraminstagram.com/VolunteerBankTN

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fourth Capital