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  • About Tennessee:
    Tennessee has 197 banks headquartered within its borders. The number of bank branches located in TN is 2,290.
  • The banks in Tennessee collectively have $100 Billion in assets, making it the 23rd largest banking state.
  • The largest bank in Tennessee is Fifth Third Bank, National Association. Fifth Third Bank, National Association has 7.43 % of the banking assets in TN. In comparison, the smallest bank in Tennessee is Independence Trust. Independence Trust has an asset size of $3 Million.
  • The 197 banks headquartered in Tennessee employ a total of 22,467 people full-time.
  • When banks compete to give you great rates on CDs and High-Yield Savings accounts, you can get better than usual rates. The average APY in Tennessee for a 12 month bank CD is 1.23 %, while the overnight auction rate at MoneyAisle for a 12 month certificate of deposit was 1.92 %! Compare the live auction rates on MoneyAisle to the average rate offered in Tennessee now! Run a free live MoneyAisle auction!

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Tennessee Banks - Fast Facts

  • Banks HQ in TN: 197
  • Number of TN Branches: 2,290
  • Average Branch Deposit Size: $46 Million
  • TN HQ Banks Employ : 22,467 full-time employees
  • TN HQ Banks Assets: $100 Billion
  • Biggest Bank HQ in TN (Assets): Fifth Third Bank, National Association
  • Smallest Bank HQ in TN (Assets): Independence Trust
  • % of US Bank Assets: 0.74 %

Data from FDIC as of 3/31/2009

Banks Headquartered in Tennessee

(Largest Banks by Asset Size)

Banks with Branches in Tennessee

(Largest Banks by Asset Size)