15 Best Tennessee Banks

Tennessee has several types of banks, including development banks, mortgage banks, savings banks, merchant banks, and commercial banks.

Tennessee is home to over 150 FDIC-insured banks, with the top 15, including First Horizon and Regions Bank, operating more than 800 branches statewide, according to the Federal Deposit Insurance Corporation. This extensive network underscores the state’s robust banking infrastructure. (Source: FDIC, Bank Branch Locator, 2025)

Finding the right bank, on the other hand, is difficult because there are so many high-quality financial institutions offering a variety of accounts. To assist you in determining which Tennessee banks provide the services you require, we have compiled a list of the best Tennessee state banks and discussed them in depth.

Why you should choose Tennessee banks

Here are the top reasons why you should consider banking with Tennessee banks

• Your money is more secure in a bank account.
• Tennessee bank accounts provide bill savings
• Bank accounts to aid in credit score improvement
• It is simpler to receive payment in a bank account

Your money is more secure in a bank account

If you keep your money at home or with yourself, you are more likely to have it stolen or lost. You also risk not having insurance unless you can prove it was there in the first place. A bank account permits you to safely store your money and access it when you need it, making it a safer and more convenient option. With a bank, you can detect a fake bank account balance prank.

Tennessee bank accounts provide bill savings

If you own a bank account, you can use it to set up standing money orders online and Direct Debits, which simplify payment organization and can save you money. Many utility companies provide a Direct Debit discount, and arranging payments through your bank reduces the possibility of missing payments and being charged for them.

Bank accounts to aid in credit score improvement

If you have an empty credit file or if your credit score has been negatively impacted by negative actions, having a bank account can help you improve your situation. If you open a bank account, use it regularly, and conduct prudent transactions, your bank will report positively on your credit file, assisting in the growth of your credit score over time. Also, you can also get personal loans with a good credit score from a bank.

Convenience 

Another significant advantage of having a bank account is convenience. When you have a bank account, you can withdraw physical cash from any bank branch or ATM.

You can also pay for goods and services electronically using a debit card that is linked to your bank account. A debit card also allows you to shop online, giving you greater access to a wider range of products from all over the world.

List of best Tennessee state banks

• Atlantic Capital Bank
• BancorpSouth Bank
• Bank of America
• Wilson Bank & Trust
• Branch Banking and Trust Company
• First Tennessee Bank
• Home Federal Bank of Tennessee
• Pinnacle Bank
• Regions Bank
• Simmons First National Bank
• SunTrust Bank
• Capital Bank Corporation
• CB&S Bank, Inc.
• U.S. Bank
• Citizens Bank of Lafayette

#1. Atlantic Capital Bank

Atlantic Capital Bank was established in 2007 with the largest equity capital issuance by a stand-alone bank holding company in US history.

This top 20 best bank in Tennessee had grown to $1.3 billion in assets prior to its 2015 merger with Chattanooga’s First Security Group.

The combined company, known as Atlantic Capital Bank and headquartered in Atlanta, Georgia, reported total assets of $2.8 billion following the merger.

Atlantic Capital Bank, one of the top banks in Chattanooga, TN, currently operates 16 branches across the state.

This Tennessee bank specializes in assisting small and medium-sized businesses, non-profit organizations, and institutional commercial real estate developers and investors.

This Tennessee’s best bank also offers retail and small-business banking, trust and investment management, mortgage banking, financial planning, and internet banking.

#2. BancorpSouth Bank

BancorpSouth Bank was founded in Verona, Mississippi in 1877. The Raymond Trice Company established a single-office mercantile bank in 1886, which evolved into the Bank of Lee County.

Other name changes followed as this best bank in Tennessee grew to reflect the bank’s new and expanding territory. In 1966, the company changed its name to the Bank of Mississippi from the Bank of Tupelo.

Bank of Mississippi officially changed its name to BancorpSouth in 1997, signaling an intention to expand into neighboring states.

Following acquisitions and mergers, this member of the 15 best Tennessee banks completed its entry into the Tennessee market in 2004 by integrating with Premier Bank of Brentwood, Tennessee.

#3. Bank of America

The Bank of America is an American investment bank and consumer banking holding company headquartered in Charlotte, North Carolina at the Bank of America Corporate Center. Customers who want the convenience of having a bank branch or an ATM nearby should consider Bank of America.

This convenience is offset by the low-interest rates on savings accounts and CDs. Although customers can earn additional rewards with their balances through Preferred Rewards, they may be better off at other banks with more competitive interest rates on their savings.

#4. Wilson Bank & Trust

Wilson Bank and Trust is headquartered in Lebanon and is Tennessee’s fifth-largest bank. It’s also the 304th largest bank in the United States. It was founded in 1987 and had grown to 551 employees in 29 locations.

The is in good financial standing. The bank is one of the best local banks you will ever find in Tennessee. They go out of their way to make you feel like a person, not just a number.

#5. Branch Banking and Trust Company

Branch Banking and Trust Company has been a driving force in community banking for more than a century, with a tradition of excellence.

As one of the best Tennessee banks, it provides a wide range of services to customers, including checking, savings, lending, retirement, investment, and more.

#6. First Tennessee Bank

First Tennessee Bank, headquartered in Memphis, has 170 branch locations in seven states and aspires to be the premier provider of financial services in its market footprint.

This financial institution is able to deliver innovative financial products that provide value and convenience to individual and business consumers by providing personalized customer service and leveraging the strength and prominence of its parent company, First Horizon National Corporation.

First Horizon has over 150 years of experience, 162 locations, and assets worth more than $28 billion. This top banking firm offers banking services, insurance, fixed-income investments, mortgage products, credit, and financial planning.

#7. Home Federal Bank of Tennessee

Home Federal Bank of Tennessee is the only savings bank on our list of the best Tennessee banks. The savings association operates 23 full-service branches throughout the Knoxville area.

Residential real estate loans and small business loans are the bank’s primary focus areas. It provides 30-year mortgage loans for the purchase, refinances, and construction of single-family homes, as well as consumer, multi-family, and commercial loans.

Home Federal Bank also offers competitive deposits, wealth management, and insurance products, rounding out their product offering and providing customers with a full-service banking experience.

#8. Pinnacle Bank

Pinnacle Financial Partners offers a comprehensive suite of banking, investment, trust, mortgage, and insurance products for businesses and their owners, as well as individuals seeking a comprehensive relationship with their financial institutions.

Since its inception in a single downtown Nashville, Tennessee location in 2000, the firm has expanded to over 40 full-service branches and approximately $11.2 billion in assets as of late 2016.

#9. Regions Bank

Regions Bank was formed by the merger of three Alabama-based banks in 1971. With approximately 1,500 locations and 2,000 ATMs in the South, Midwest, and Texas, they are now regarded as one of the best banks in the United States.

Regions are normally praised for their stability, accessibility, and convenience, as well as their expertise. It is also a bank that strives to provide highly personalized service based on individual needs.

Also, this bank has $129 billion in assets, is an S&P 500 Index member, and is one of the largest full-service providers of consumer and commercial banking in the United States.

#10. Simmons First National Bank

Simmons First National Bank has been in business for over 112 years and provides personal and business banking products and solutions, as well as investment, insurance, and trust services.

The bank is a well-known banking firm with locations throughout Missouri, as well as Arkansas, Tennessee, and Kansas.

#11. SunTrust Bank

SunTrust Bank, with the simple goal of illuminating the path to financial well-being, is one of the best Tennessee banks, and it has recently grown even larger through a merger with BB&T.

Customers with a SunTrust bank account can currently use their debit card at any BB&T ATM for free.

#12. Capital Bank Corporation

Capital Bank has developed a competitive set of banking and financial products and services tailored specifically to the needs of small and medium-sized businesses across the southeastern United States, with a focus on meeting the banking needs of business and commercial customers.

The bank employs a relationship-based approach to customer service, allowing business clients to form relationships with their bankers and collaborate to identify the best strategies for the client’s growth and long-term financial success.

13. CB&S Bank, Inc.

CB&S Bank provides a comprehensive range of business and commercial lending products and services to help businesses with their cash flow and growth strategies. The bank began as a farm-country financial institution and continues to focus on rural and farm-belt communities.

14. U.S. Bank

U.S. Bank provides retail, commercial, and small business services to individuals, families, and small businesses. The bank was founded in 1863 and has grown to become the fifth-largest bank in the country.

As one of the best banking companies, U.S. Bank takes pride in offering the highest level of convenience, including online and mobile banking services, as well as a variety of consumer rewards programs. With over 3,100 banking offices in 25 states, this leading bank has a national presence.

#15. Citizens Bank of Lafayette

This best Tennessee bank is headquartered in Lafayette, Tennessee, and serves the Central Tennessee region, including Bedford, Clay, Coffee, DeKalb, Franklin, Jackson, Macon, Smith, Sumner, and Wilson counties.

Bank of Tennessee lends to home buyers and small businesses. Furthermore, it provides a significant portion of consumer and business lending resources to these groups, with a focus on lower-income consumers and communities.

Conclusion

This article has provided a list of the best Tennessee banks. These banks have created numerous job opportunities throughout the country. Furthermore, they have contributed to the country’s rising purchasing power and per capita income.

FQAs About Tennessee banks

Reference

• www.advisoryhq.com-
• www. smartasset.com
• www.gobankingrates.com

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