BankTennessee
BankTennessee is a privately held, state-chartered community bank headquartered in Collierville, Tennessee, operating ten branches in West and Middle Tennessee to serve individual consumers and small-to-mid-size businesses with personal banking, commercial lending, mortgage, and treasury management services.
- Company typePrivate
- Founded1934
- HeadquartersCollierville, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What BankTennessee does
BankTennessee is a privately held, state-chartered community bank headquartered in Collierville, Tennessee, operating ten retail banking offices across West Tennessee (Collierville, Memphis, Germantown, Ripley, Munford) and Middle Tennessee (Lebanon, Carthage, Gallatin). Founded in 1934 as First Federal Savings & Loan Association and re-organized as BankTennessee following a 1997 conversion to a state charter, the bank has compounded total assets from $269.5M in 2014 to $615.9M as of December 31, 2025. BankTennessee serves individual consumers and small-to-mid-size businesses with a full-stack product set segmented into Personal Banking (checking, savings, CDs, IRAs, mobile/online/telephone banking, personal loans, credit cards), Business Banking (business checking/savings, commercial lending, treasury management, merchant services, business credit cards, the Work Perks employee benefits program), and Mortgage (purchase loans, refinancing, HELOCs, custom construction loans), plus a niche Legal Community Banking offering for law firm trust and operating accounts.
The bank's technology footprint is conventional: deposit and lending products are delivered through ten full-service branches backed by mobile banking apps for iOS and Android, a web-based online banking platform, telephone banking, ATM networks (with fee-free access at First Horizon ATMs), and a Remote Deposit Capture system (branded EDDY) enabling desktop check deposits. The digital banking platform is hosted by a third-party provider (digital.banktennessee.stiapp.com), and no public API, SDK, or developer portal is exposed. Capabilities differentiate primarily on usability — card controls, bill pay, and on/off toggling in-app — rather than on proprietary technology, and core credit decisions remain underwriter-led.
Revenue is generated through interest income on personal, mortgage, HELOC, construction, commercial, and consumer loans, supplemented by transaction-based banking fees, mortgage origination fees, and commercial banking/treasury management service revenue. Customer acquisition is relationship-driven and community-led, supported by digital channels (website, Facebook, Instagram, LinkedIn) and customer testimonials from SMBs in construction, legal, media, real estate, and professional services. The bank is FDIC-insured, registered with the NMLS (NMLS #441426), and designated an Equal Housing Lender; it also offers an Employee Stock Ownership Plan (ESOP) that aligns staff with bank performance.
BankTennessee firmographics
Firmographics- Name
- BankTennessee
- Legal name
- BankTennessee
- Website
- https://banktennessee.com
- Company type
- Private
- Founded year
- 1934
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- BankTennessee is a privately held, state-chartered community bank headquartered in Collierville, Tennessee, operating ten branches in West and Middle Tennessee to serve individual consumers and small-to-mid-size businesses with personal banking, commercial lending, mortgage, and treasury management services.
- Ownership category
- akta.pro rank
BankTennessee industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Commercial Banking (522110)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where BankTennessee is headquartered
LocationHeadquarters
- HQ city
- Collierville
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
BankTennessee business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income: Primary revenue from interest earned on loans including personal loans, mortgages, home equity lines of credit, construction loans, commercial loans, and consumer loans
- Banking Fees: Fees from checking accounts, ATM transactions, wire transfers, and other banking services
- Mortgage Banking: Revenue from mortgage originations, home loans, and related mortgage services
- Commercial Banking Services: Treasury management, merchant card services, and commercial lending services for business customers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Checking Accounts |
| Subscription | Monthly | Savings, CDs, IRAs |
| Other | Pay-as-you-go | Deposit Thresholds |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
BankTennessee product offering
Product offeringCore offering
BankTennessee is a full-service community bank offering personal deposit accounts, consumer and mortgage lending, business banking, commercial lending, treasury management, merchant services, and credit cards through 10 physical branches across West and Middle Tennessee complemented by mobile, online, and telephone banking channels.
Product overview
BankTennessee operates as a community bank offering a unified portfolio of banking products organized into three main segments: Personal Banking (checking, savings, CDs/IRAs, mobile and online banking, loans, credit cards), Business Banking (checking, savings, commercial lending, merchant services, treasury management, business credit cards), and Mortgage Services (home loans, home equity lines, construction loans). Core deposit products and lending services are delivered through 10 branch locations across West and Middle Tennessee, supplemented by digital channels including mobile banking, online banking, and telephone banking. Add-on services include remote deposit capture for businesses, merchant card services, and a suite of financial planning calculators.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking
- Savings, CDs, and IRAs
- Personal Loans
- Personal Credit Cards
- Mobile Banking
- Online Banking
- Telephone Banking
- Business Checking and Savings
- Commercial Lending
- Legal Community Banking
- Business Services (Treasury Management and Remote Deposit Capture)
- Merchant Services
- Business Credit Cards
- Online Banking for Business
- Home Loan Products (Mortgages)
- Home Equity Lines of Credit Revolving credit lines secured by home equity for flexible borrowing, debt consolidation, or major purchases.
- Custom Construction Loans Specialized financing for residential construction projects with draw schedules and builder financing options.
Quantifiable outcome
- Asset growth from $269.5 million (2014) to $615.9 million (2025)
- +1 more outcomes
Companies that use BankTennessee
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
BankTennessee technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BankTennessee partnerships and signals
Strategic signalScale indicators9 records
Recent moves12 records
Expansion highlights5 records
BankTennessee competitors and assessment
Company assessmentBroad incumbents
- Regions Financial Corporation: Major Southeast regional bank with deep Tennessee presence including retail branches, commercial lending, and mortgage services. Competes with BankTennessee across all Tennessee markets but with materially larger balance sheet and digital capabilities.
- Trustmark National Bank: Mississippi-headquartered community bank with Tennessee presence, offering similar full-service personal and commercial banking. Comparable relationship-banking orientation but with broader geographic reach and larger balance sheet.
- BancorpSouth (now Cadence Bank): Multi-state regional bank with Tennessee operations competing for commercial lending and deposit relationships. Broader geographic footprint and product suite compared to BankTennessee's Tennessee-only focus.
- Cadence Bank: Mid-sized regional bank with Tennessee operations offering commercial, retail, and treasury management services. Competes for commercial lending and business banking relationships in the same Tennessee geographies as BankTennessee, though at a larger scale.
- First Horizon National Corporation: Large Tennessee-headquartered regional bank with full-service commercial, retail, and wealth management offerings. Directly competes with BankTennessee in Memphis and across Tennessee but at significantly greater scale, technology investment capacity, and product breadth.
- Simmons Bank: Arkansas-based regional bank with Tennessee expansion, providing community banking, commercial lending, and mortgage services. Competes for similar customer segments in overlapping Tennessee markets with a comparable relationship-driven approach.
Direct peers
- Pinnacle Financial Partners: Nashville-headquartered community/commercial bank with strong relationship-banking model and significant Tennessee market share. Direct peer in Middle Tennessee commercial banking with similar focus on local decision-making and personal service, though at substantially larger scale.
- FirstBank (Tennessee): Tennessee-based community bank with statewide branch presence offering personal, business, and mortgage banking. Similar size band and community-banking model, with overlapping customer segments in Middle Tennessee including commercial lending.
- Wilson Bank & Trust: Tennessee community bank serving Middle Tennessee with comparable product mix (deposits, commercial lending, mortgages). Closest size and operating model peer with similar branch-based relationship banking approach in overlapping Tennessee markets.
Regional players
- Citizens Savings Bank and Trust Company: Nashville-based minority-owned community bank with similar full-service banking offerings. Comparable size band and community-bank mission with shared focus on local relationship banking in the Tennessee market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
BankTennessee social profiles
Digital presenceBankTennessee compliance and trust
Trust signalCompliance4 records
BankTennessee financial estimates
Financial estimateRevenue estimate
Valuation estimate
BankTennessee leadership team
Management profileNumber of profiles
Profiles19 records
BankTennessee funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BankTennessee M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BankTennessee
What does BankTennessee do?
BankTennessee is a full-service community bank offering personal deposit accounts, consumer and mortgage lending, business banking, commercial lending, treasury management, merchant services, and credit cards through 10 physical branches across West and Middle Tennessee complemented by mobile, online, and telephone banking channels.
Is BankTennessee a public or private company?
BankTennessee is a private company. It is classified as unknown and is currently operating.
When was BankTennessee founded?
BankTennessee was founded in 1934. It employs 101 to 250 people.
Where is BankTennessee based?
BankTennessee is headquartered in Collierville, United States, in the North America region.
How does BankTennessee make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are banking Fees, mortgage Banking and commercial Banking Services.
Who are BankTennessee's main competitors?
Broad incumbents on record are Regions Financial Corporation, Trustmark National Bank, BancorpSouth (now Cadence Bank), Cadence Bank, First Horizon National Corporation and Simmons Bank. Direct peers are Pinnacle Financial Partners, FirstBank (Tennessee) and Wilson Bank & Trust. Citizens Savings Bank and Trust Company is listed as a regional player.
Does BankTennessee have an API?
No public API is recorded for BankTennessee.
What industry is BankTennessee in?
BankTennessee's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6022.