Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.bank3.com

901-623-2265

5210 Poplar Avenue
Memphis, TN 38119

Bank3 is headquartered in MEMPHIS and is the 59^th largest bank in the state of Tennessee. It is also the 1,945^th largest bank in the nation. It was established in 1910 and as of March of 2025, it had grown to 63 employees at 6 locations. Bank3 has a B+ health rating.

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Health

B+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	15205
Year Established	1910
Employees	63
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.15%
Return on Equity - YTD	1.27%
Annual Interest Income	$5.9MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$451MM$440.9MM
Loans	Q1 2025vs Q1 2024	$374.3MM$365.2MM
Deposits	Q1 2025vs Q1 2024	$377.5MM$379.1MM
Equity Capital	Q1 2025vs Q1 2024	$50.9MM$49.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$4.4MM$4.4MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$64K$0
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Bank3 are currently being reviewed.

Locations

Bank3 Locations
The Farmers Bank, Woodland Mills, Tennessee	5210 Poplar Ave	Memphis, TN 38119
Union City Branch	211 Bill Burnett Circle	Union City, TN 38261
Woodland Mills Branch	114 S Thompson Street	Woodland Mills, TN 38271
White Station Branch	766 S. White Station Road	Memphis, TN 38117
Bank3 - Jackson, Tn	429 Walker Road	Jackson, TN 38305
Desoto County Branch	2895 May Blvd	Southaven, MS 38672

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