First National Bank of Middle Tennessee

What First National Bank of Middle Tennessee does

First National Bank of Middle Tennessee (FNBMT) is a privately held, FDIC-insured community bank operating under a National Bank Association charter since 1874. Headquartered in McMinnville, Tennessee, the bank operates 11 physical branches spanning Warren, Bedford, Davidson, Rutherford, Cannon, and Williamson counties, serving individual consumers, small-to-mid-size businesses, agricultural operators, government entities, wealth management clients, and a specialized sports and entertainment professional segment. Its product portfolio includes multiple personal and business checking tiers, savings and money market accounts, certificates of deposit, and a full lending suite covering personal, auto, home equity, credit card, commercial real estate, equipment, agricultural, and business term lending, alongside mortgage services and a wholly-owned title and escrow subsidiary (First Community Title and Escrow Company).

The bank's technology stack is built on a standard digital banking platform with online and mobile banking, mobile deposit, Zelle P2P payments, and mobile wallet integration (Apple Pay, Google Pay, Samsung Pay), supplemented by Interactive Teller Machines (ITMs) that provide live drive-through teller service. Wealth management is delivered through a partnership with LPL Financial, offering the Guided Wealth Portfolios algorithmic investment platform, while merchant services are provided via a BancCard partnership and digital invoicing through Autobooks. Treasury Management services — including ACH, remote deposit capture, positive pay, wire transfers, sweep services, and zero balance accounts — serve business customers across tiered packages.

FNBMT generates revenue primarily through traditional banking spreads on loans (interest income) and deposit-related fees, supplemented by fee income from treasury management services, mortgage origination, merchant card processing, and wealth management referral arrangements with LPL Financial. The bank employs a direct-to-consumer go-to-market motion centered on 11 physical branches staffed by dedicated relationship managers with local decision-making authority, complemented by digital channels. The bank is regulated by the OCC, insured by the FDIC, and operates as an independent, non-publicly traded institution with no disclosed parent company.

Name

First National Bank of Middle Tennessee

Legal name

First National Bank of Middle Tennessee

Website

https://fnbmt.com

Company type

Private

Founded year

1874

Operating status

Operating

Headcount range

101–250 employees

Short description

First National Bank of Middle Tennessee is a privately held, FDIC-insured community bank operating 11 branches across six Middle Tennessee counties, offering full-service personal and business banking, lending, treasury management, mortgage, and wealth management services since 1874.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro industry

PRIMARYFSABABAA

General SME & Middle-Market Commercial Banking

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Commercial Banking (SME & Middle Market)

SECONDARYFSABACAH

Real Estate (Commercial Property, REITs)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Corporate Banking (Large Corporates)

SECONDARYFSAKAAAL

Bank & Credit Union Personal Loans (Unsecured Installment)

Financial & Insurance/Lending & Consumer Finance/Personal Loans (Unsecured Installment)

Keywords

• Community banking services
• Consumer deposit accounts
• Commercial lending
• Treasury management
• Wealth management trust

Headquarters

HQ city

Mcminnville

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including personal loans, home equity, auto loans, business loans, commercial real estate, and agricultural loans
2. Deposit and Checking Account Fees: Monthly maintenance fees, transaction fees, ATM fees, and overdraft charges on personal and business checking and savings accounts
3. Wealth Management Services: Investment management, financial planning, trust services, and estate administration through partnership with LPL Financial
4. Treasury Management Services: Business banking services including account analysis, ACH processing, wire transfers, positive pay, remote deposit capture, and merchant card services

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

First National Bank of Middle Tennessee is a community bank providing full-service personal and business banking across 11 locations in Middle Tennessee. Its core offerings include tiered interest-bearing checking accounts, savings and money market accounts, certificates of deposit, personal and business loans (mortgages, home equity, auto, commercial real estate, equipment, agriculture), treasury management services, Mastercard credit cards, and wealth management through investment advisory and trust services.

Product overview

First National Bank of Middle Tennessee is a community bank offering a comprehensive suite of personal and business banking products across 11 locations in Middle Tennessee. The bank's core offerings include multiple checking account tiers (FiRST Impact Interest Checking with up to 3.00% APY, FiRST Checking, FiRST Student Checking), savings products (FiRST Savings, FiRST Youth Savings, FiRST Money Market Tier), and Certificates of Deposit. The bank provides extensive lending services including auto loans, home equity lines of credit, home improvement loans, personal term loans, credit cards, and business lending (commercial real estate, equipment, agriculture, term loans, lines of credit). Digital banking capabilities encompass online banking, mobile banking with mobile deposit, bill pay, and mobile wallet integration (Apple Pay, Google Pay, Samsung Pay). Treasury Management services include ACH processing, Remote Deposit Capture, Check Positive Pay, wire transfers, and business reporting. Wealth Management offerings feature investment management, Guided Wealth Portfolios (algorithmic investment platform through LPL Financial), and Trust & Estate Planning services. Specialized services include Sports & Entertainment private banking and community grant programs.

Differentiator

Problem solved

Functional benefit

Products and services

• FiRST Impact Interest Checking Interest-bearing personal checking account paying up to 3.00% APY on balances up to $20,000, with direct deposit, e-statements, and 15 debit card purchases monthly as qualification requirements; balances above $20,000 earn 0.20% base rate and unmet qualifications earn 0.10% APY on all balances, with ATM fee refunds for qualifying months.
• FiRST Checking Standard personal checking account with free eStatements and a $5 monthly fee for paper statements; 6 free non-FNBMT ATM withdrawals per cycle, then $2.50 each, plus a free debit card.
• FiRST Student Checking Personal checking account for account holders under age 26, with free digital banking, nationwide ATM access, 6 free non-FNBMT ATM withdrawals per cycle, free debit card, and a $5 monthly fee for paper statements.
• FiRST Money Market Tier Tiered money market savings account with a $2,500 minimum deposit and balance-tiered APY ranging from 0.30% (Tier 1: $0.01-$50K) to 3.30% (Tier 6: >$1M); rates as of 12/15/2025.
• FiRST Savings Interest-bearing personal savings account with flexible access to funds and competitive interest rates.
• FiRST Youth Savings Savings account for individuals age 21 and under, designed to teach young savers to earn interest.
• Certificates of Deposit Fixed-rate personal Certificates of Deposit with terms ranging from 3 months to 3 years, offering guaranteed earnings at competitive fixed interest rates.
• Home Equity Lines of Credit Revolving credit line secured by home equity, allowing borrowers to access funds as needed for major expenses with 10 years of interest-only payment options.
• Home Improvement Loans Financing for home renovations, expansions, upgrades, and remodeling projects, with local loan processing and decision-making.
• Auto Loans Financing for new and used vehicle purchases with refinancing options, competitive rates, and accelerated pre-approval.
• Personal Term Loans Flexible personal loans for various needs including repairs, purchases, and debt consolidation, with competitive rates and customized repayment terms.
• Credit Cards Consumer Mastercard credit cards including Platinum Classic, Platinum Payback (cash back), Platinum Preferred (rewards points), and Secured cards for credit building, with no annual fees.
• Digital Banking Online and mobile banking platform providing 24/7 account access, bill pay, mobile deposit, e-statements, and mobile wallet support for Apple Pay, Google Pay, and Samsung Pay.
• FiRST ITMs Interactive Teller Machines offering full-service teller banking from vehicles, with live banking professionals assisting with deposits, withdrawals, and bill payments Monday through Friday 8:30 AM to 5 PM.
• FiRST Business Checking Business checking account with a $100 minimum opening balance, free business debit card, up to 6 free non-FNBMT ATM withdrawals per month, and optional Treasury Management Services.
• FiRST Business Interest Checking Interest-bearing business checking account with free digital banking, competitive transaction pricing, and a $5,000 minimum balance requirement ($15 monthly fee if below).
• FiRST Commercial Analysis Checking Commercial account with an earnings credit rate to offset fees and full access to Treasury Management Services for high-volume business customers; $12 monthly fee with no minimum balance.
• FiRST Business Money Market Tier Business money market account with tiered interest rates and a $5,000 minimum deposit requirement.
• FiRST Business Savings Business savings account with a $500 minimum balance requirement and transaction flexibility.
• FiRST Public Funds Checking Interest-bearing checking account designed for government and public fund organizations, with Treasury Management services available.
• Business Certificates of Deposit Business CD products with fixed interest rates, terms from 3 months to 3 years, and a $2,000 minimum deposit.
• Commercial Real Estate Loans Financing for commercial property acquisition, land purchase, construction, renovation, and refinancing, with title and escrow services available.
• Equipment Loans Financing for business equipment purchases and upgrades, including IT hardware for Middle Tennessee businesses.
• Business Lines of Credit Revolving credit facilities for businesses to manage cash flow, unexpected expenses, and seasonal needs, with local decision-making.
• Business Term Loans Affordable term financing for business needs including equipment purchases, inventory, facility improvements, and working capital.
• Agriculture Loans Flexible financing for Tennessee farmers covering crop production, livestock, equipment, working capital, inventory, vehicles, and real estate.
• Business Credit Cards Business Mastercard credit cards including Business Platinum Classic, Business Platinum Payback (cash back), and Business Platinum Preferred (rewards points), with competitive rates and no annual fees.
• Treasury Management Suite of business banking services including ACH, Remote Deposit Capture, Check Positive Pay, Online Wire Transfers, with tiered packages (Tier 1 $35 monthly, Tier 2 $50 monthly, Tier 3 $75 monthly; fees waived at specified average balances).
• Receivables & Deposits ACH services, pre-authorized debits, Remote Deposit Capture, Business Mobile Deposit, and Merchant Card Services for efficient cash management.
• Payables & Risk Management Direct deposit/payroll, vendor payments, online wire transfers, bill pay, Check and ACH Positive Pay, sweep services, and Zero Balance Accounts for cash control.
• Online Banking & Reporting Solutions Account reconciliation, business account analysis with earnings credit rate, and information reporting with text alerts for business customers.
• Wealth Management Investment management and financial planning services leveraging professional techniques and generations of experience for personalized financial guidance.
• Guided Wealth Portfolios
• Trust & Estate Planning Professional trust administration, estate planning, financial planning, investment management, estate administration, and conservatorship services.
• Sports & Entertainment Banking Specialized private banking services for professional athletes and entertainers including deposit accounts, home loans, HELOCs, and personal loans with dedicated relationship managers.

Quantifiable outcome

• Local decision-making speeds up loan approvals compared to larger institutions
• +1 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• LPL Financial LLCcoreTechnology or IntegrationPartnership for Guided Wealth Portfolios (GWP) investment management platform. LPL provides the algorithmic investment platform, broker/dealer services, and SEC-registered investment advisor services. First National Bank refers customers to LPL Financial advisors. Securities and advisory services offered through LPL Financial, a registered investment advisor and broker/dealer (member FINRA/SIPC).
• BancCardcoreChannel Partner/ Reseller/ DistributorMerchant card services partnership providing credit card payment processing for business customers. BancCard provides streamlined payment processing, inventory management, and business analytics through a single platform.
• First Community Title and Escrow CompanycoreImplementation/ SI/ Consulting PartnerTitle and escrow services for commercial real estate transactions. David Marttala serves as General Counsel providing closing attorney and closing agent services for over 20 years, handling title searches, document preparation, settlement coordination, and title insurance.

Scale indicators4 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Volunteer State Bank: Portland, TN-based community bank serving northern Middle Tennessee and the Kentucky border region. Direct comparable in scale, community-bank model, and Tennessee deposit-funded lending focus.
• Wilson Bank & Trust: Lebanon, TN-based community bank serving Wilson County and surrounding Middle Tennessee markets. Direct competitor in adjacent Middle Tennessee counties, with similar deposit-funded lending and SMB focus.
• SmartBank: Tennessee-headquartered community bank with a multi-state Southeast footprint. Comparable to FNBMT in community banking orientation and SMB/consumer focus, though more geographically dispersed.
• Pinnacle Financial Partners: Nashville-headquartered commercial bank serving small-to-mid businesses and consumers across Tennessee and the Southeast. Directly comparable to FNBMT in target market (Middle Tennessee SMBs) and full-service commercial/community banking model, but operates at substantially larger scale.
• FirstBank: Tennessee-based community bank serving consumers and small businesses across the state. Closely comparable to FNBMT in geographic focus (TN), full-service community banking model, and SMB/customer segmentation.
• Community First Bank & Trust: Columbia, TN-based community bank serving Middle Tennessee. Comparable to FNBMT in regional footprint, SMB and consumer banking focus, and asset size band.
• BankTennessee: Tennessee-based community bank serving consumers and small businesses. Comparable in scale, geographic focus on Tennessee markets, and full-service community banking product set.

Regional players

• Atlantic Capital Bancshares: Southeast-focused commercial bank serving middle-market and SMB clients. Comparable in commercial/SMB banking focus but operates primarily outside Tennessee, competing in adjacent Southeastern markets rather than Middle Tennessee.

Broad incumbents

• First Horizon Corporation: Memphis-headquartered regional bank with a major Nashville presence and full-service commercial, consumer, and wealth offering. Competes with FNBMT across Middle Tennessee, particularly in SMB and CRE, but operates as a much larger, publicly traded, multi-state institution.
• Renasant Corporation: Southeast-focused regional bank holding company with community-banking subsidiaries in Tennessee and surrounding states. Overlaps with FNBMT in commercial/SMB banking across the Southeast, but at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FNBMT
• Facebookfacebook.com/fnbmt
• LinkedInlinkedin.com/company/first-national-bank-of-middle-tennessee-official
• Instagraminstagram.com/fnbmt

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles30 records

Subsidiaries1 record

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 First National Bank of Middle Tennessee