BranchWatch

Tennessee

Banks in Memphis, TN

Branches open
124
Banks present
31
Deposits (2026)
$28.5B
Closings on record
32
21 openings

Banks by deposits in Memphis (2026)

BankDepositsShareBranches
First Horizon Bank$15.4B54.1%16
Regions Bank$2.6B9.3%20
Pinnacle Bank$2.5B8.7%7
Independent Bank$1.4B4.9%6
Bank of America$1.3B4.5%7
Financial Federal Bank$880M3.1%1
Truist Bank$782M2.7%10
Huntington Bank$658M2.3%6
Paragon Bank$557M2%3
Wells Fargo$380M1.3%4

All branches

Closings

Transcribed from FDIC BankFind Suite active-location records, the annual Summary of Deposits and structure-change records. Deposit figures reflect the office to which deposits are reported and may not represent where depositors live.