BranchWatch

Banks in Tennessee

Deposit market share, branch network and structure changes for Tennessee, from official FDIC data.

Active branches
2,013
Deposits (2025)
$233.5B
Closings on record
365
Openings on record
263

Largest retail branch networks in Tennessee (2025)

BankDepositsShareYoYBranches
First Horizon Bank$31.0B13.3%+3.1%136
Pinnacle Bank$30.2B12.9%+9.0%68
Regions Bank$22.9B9.8%-1.6%196
Bank of America$16.8B7.2%-0.5%53
Truist Bank$16.0B6.8%+0.2%98
FirstBank$9.7B4.2%+7.5%86
U.S. Bank$5.8B2.5%+8.9%55
Wilson Bank and Trust$5.1B2.2%+12.2%32
Fifth Third Bank$4.0B1.7%+4.7%47
Simmons Bank$4.0B1.7%+9.4%44
SmartBank$3.1B1.3%+9.6%25
SouthEast Bank$3.0B1.3%+17.6%15
United Community Bank$2.2B0.9%-0.3%26
Home Federal Bank of Tennessee$2.1B0.9%-1.0%23
Wells Fargo$2.0B0.9%+8.0%23
Citizens National Bank$1.7B0.7%+17.0%21
Bank of Tennessee$1.7B0.7%+7.5%23
First Farmers and Merchants Bank$1.6B0.7%+2.8%23
Renasant Bank$1.6B0.7%-1.2%21
Independent Bank$1.5B0.7%+22.1%10
One Bank of Tennessee$1.5B0.6%+2.9%20
Chase Bank$1.4B0.6%+32.1%48

Includes institutions reporting at least five active branches in Tennessee. Deposit share is calculated against all deposits assigned to Tennessee offices, so the shares shown do not sum to 100%.

All institutions by deposits assigned to Tennessee offices

BankDepositsShareYoYBranches
First Horizon Bank$31.0B13.3%+3.1%136
Pinnacle Bank$30.2B12.9%+9.0%68
Regions Bank$22.9B9.8%-1.6%196
Bank of America$16.8B7.2%-0.5%53
Truist Bank$16.0B6.8%+0.2%98
FirstBank$9.7B4.2%+7.5%86
U.S. Bank$5.8B2.5%+8.9%55
Wilson Bank and Trust$5.1B2.2%+12.2%32
Fifth Third Bank$4.0B1.7%+4.7%47
Simmons Bank$4.0B1.7%+9.4%44
Cadence Bank$3.1B1.3%+19.7%0
SmartBank$3.1B1.3%+9.6%25
SouthEast Bank$3.0B1.3%+17.6%15
First Citizens National Bank$2.2B0.9%+4.3%0
United Community Bank$2.2B0.9%-0.3%26
Home Federal Bank of Tennessee$2.1B0.9%-1.0%23
Wells Fargo$2.0B0.9%+8.0%23
Citizens National Bank$1.7B0.7%+17.0%21
Bank of Tennessee$1.7B0.7%+7.5%23
Mountain Commerce Bank$1.6B0.7%+1.9%0
First Farmers and Merchants Bank$1.6B0.7%+2.8%23
Renasant Bank$1.6B0.7%-1.2%21
Independent Bank$1.5B0.7%+22.1%10
One Bank of Tennessee$1.5B0.6%+2.9%20
Chase Bank$1.4B0.6%+32.1%48

Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.

Closings (most recent 200 of 365)

Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.