Banks in Tennessee

7 FDIC-insured banks headquartered in Tennessee, ranked by total assets.

Tennessee is home to 7 FDIC-insured banks holding a combined $175.42B in total assets and approximately $145.62B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in Tennessee and may not include all branches of out-of-state banks operating in the state.

First Horizon Bank is the largest bank headquartered in Tennessee with $83.57B in total assets, indicating moderate market concentration among the largest institutions (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in Tennessee provides consumers with a range of options based on their banking preferences.

Total Banks

Combined Assets

$175.42B

Avg ROA

0.97%

Largest banks in Tennessee

First Horizon Bank

First Horizon Bank is the largest bank headquartered in Tennessee with $83.57B in total assets and 421 branches (Source: FDIC BankFind).

Pinnacle Bank

Pinnacle Bank is a major bank headquartered in Tennessee with $57.64B in total assets and 182 branches (Source: FDIC BankFind).

FirstBank

FirstBank is a major bank headquartered in Tennessee with $16.27B in total assets and 133 branches (Source: FDIC BankFind).

Wilson Bank and Trust

Wilson Bank and Trust is a major bank headquartered in Tennessee with $5.88B in total assets and 32 branches (Source: FDIC BankFind).

SmartBank

SmartBank is a major bank headquartered in Tennessee with $5.85B in total assets and 43 branches (Source: FDIC BankFind).

Banks headquartered in Tennessee

#	Bank	Total Assets	Deposits	ROA	Branches
1	First Horizon BankMemphis	$83.57B	$68.10B	1.35%	421
2	Pinnacle BankNashville	$57.64B	$47.88B	1.25%	182
3	FirstBankNashville	$16.27B	$13.93B	0.89%	133
4	Wilson Bank and TrustLebanon	$5.88B	$5.25B	1.38%	32
5	SmartBankPigeon Forge	$5.85B	$5.16B	1.00%	43
6	SouthEast BankFarragut	$3.48B	$3.14B	0.68%	15
7	Home Federal Bank of TennesseeKnoxville	$2.73B	$2.16B	0.21%	23

Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in Tennessee. Data last updated: April 2, 2026.

Credit unions in Tennessee

6 credit unions headquartered in Tennessee, ranked by total assets. Credit unions are member-owned cooperatives insured by the NCUA.

#	Credit Union	Total Assets	Members	ROA	Branches
1	EASTMANKingsport	$9.91B	355,885	1.74%	N/A
2	KNOXVILLE TVA EMPLOYEESKnoxville	$5.14B	303,836	1.70%	N/A
3	ORNLOak Ridge	$4.71B	225,794	1.27%	N/A
4	ASCENDTULLAHOMA	$4.67B	263,809	1.18%	N/A
5	TENNESSEE VALLEYChattanooga	$3.11B	174,941	1.64%	N/A

Showing top 5 of 6 credit unions in Tennessee. View all credit unions

Source: NCUA Quarterly Call Report Data. Only includes credit unions headquartered in Tennessee.

How to choose a bank in Tennessee

When choosing a bank in Tennessee, consider what matters most for your financial needs. Tennessee has 7 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.

Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.

All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.

Compare banks side by side Savings calculators Our methodology

Data Sources

FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/

CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/

Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/

BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.