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

Community banking
Personal banking
Commercial lending
Mortgage services
Business banking

Where BankTennessee is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers5 records

Segments4 records

Ideal customer profiles4 records

BankTennessee technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

BankTennessee partnerships and signals

Strategic signal

Scale indicators9 records

Recent moves12 records

Expansion highlights5 records

BankTennessee competitors and assessment

Company assessment

Broad 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 compliance and trust

Trust signal

Compliance4 records

BankTennessee financial estimates

Financial estimate

Revenue estimate

Valuation estimate

BankTennessee leadership team

Management profile

Number of profiles

Profiles19 records

BankTennessee funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

BankTennessee M&A and investment

M&A and investment

M&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?

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.