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165 Madison Avenue
Memphis, TN 38101

First Tennessee is headquartered in Memphis and is the largest bank in the state of Tennessee. It is also the 59th largest bank in the nation. It was established in 1864 and as of December of 2016, it had grown to 4,003 employees at 165 locations. First Tennessee has an A health rating.

Related Posts

First Tennessee Bank Promotes Money Market Introductory Rates - 2/13/2017

First Tennessee Bank is offering special rates on its Money Market Savings (1.50%, 6 months, $50k min; 1.00% APY, 4 months, $25k min; 0.75% APY, 3 months, $10k min).

First Tennessee Bank Adds $150 Checking Bonus - 8/11/2016

First Tennessee Bank is offer a $150 bonus on new checking accounts opened now through December 31, 2016. Available to residents of AL, AR, GA, KY, MS. NC, TN, and VA.

$150 Bonus For Checking Account And Direct Deposit - 8/10/2016

Just saw this at First Tennessee Bank’s home page. Open a checking account with at least $300 and have one direct deposit within 60 days of account opening. bonus page link some of the important small print: Offer expires 12/31/2016. This offer is only available to residents of Tennessee, North Carolina, Virginia, Georgia, Alabama, Mississippi, Arkansas and Kentucky. To receive your bonus, you must open the checking account online (starting at ftb.com/metime) and ensure the code DB2016 appears in the online application where "Offer/Promo code" is requested, or open your account and present a copy of the offer at a financial center. 

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The Best Bank In Tennessee

First Tennessee is awesome. They are banking Angels, it seems like they are always looking out for me and my banking short comings

Bank With A Local Feel

I have been a customer at First Tennessee Bank for 12 years. I have always been very pleased with the services for my bank. The mobile banking is convenient and easy to use. I also enjoy the First Tennessee App. It is very easy to use and convenient. I particularly enjoy the ability to do mobile check deposits. This is easy to do and very convenient. The customer service at First Tennessee is excellent. The representatives are easy to talk to and are willing to help in any way possible. While First Tennessee is a rather large bank, it has a very local feel. When you visit the branch, you feel like you are just working with your neighbors. They will work to get the most for your money. My main concern with First Tennessee is the monthly fee. It isn't super high, $12 a month, but I don't feel that this type of fee is necessary. Other than this small issue, I feel First Tennessee Bank is an excellent financial institution. I would recommend them to other looking for a good bank.

A very good local bank

I opened one of my very first bank accounts at First Tennessee, and continued to bank with them for about five years. They were a great bank to work with, I didn't have to pay any monthly fees, because I was a student. They had convenient locations all over the area where I lived and always had the friendliest staff. One time I accidentally over drew my account, and was hit with a thirty dollar fee, and I went in to ask about it, and they removed it, right away, and told me I just needed to be careful. I really enjoyed my experience banking with them, and only ended up moving bank accounts because I was going to spend a year traveling and needed to have an account with a bank that had more locations across the U.S. that I could easily access. It was when I switched to one of the national brand banks that I really came to a full appreciation of just how good First Tennessee was.

Why Is A Hold Placed On Large Deposits?

I made a $12,000 deposit @ 3:45 PM, Thurs., 1/20/11 into a First Tenn Bank personal account that I've held since '94.  This deposit check was written on another personal checking account held at a solid Greeneville regional bank; to pay a First Tennessee Visa Card payment due on 1/23/11.  As always, I went online on the Fri., the 21st to pay my Visa payment via transfer but the money was 'not available', as tho I had never made a deposit.

I called a lady that I've been doing business with for years at the E Branch First Tennessee Bank and her first question was, "Did you deposit that here or downtown and before 4?"  Told her I happened to be downtown and knew it needed to be in by 4 PM to get into my account the next day so that is where I deposited it.  She said, "May I call you back?" and I said okay.  Waited a couple hours and called her so she said because made the deposit downtown that I needed to talk to them, so she would transfer me.  Also, informed me that $4,900 on HOLD til 1/24/11 and $7,000 on HOLD til 1/31/11.

The lady that answered the phone down at the Main Branch said the lady that actually PUT the HOLD on my deposit was at lunch and would be gone the FULL hour.  She asked if she could help me so I told her my problem and she wanted to know if I had $12,000 more to pay off my Visa card!!!!!!!  I was getting stressed at this point and asked, who has $12,000 extra just laying around?!!!!  She stated, "don't scream at me" but was as tho she wanted someone in the room with her to THINK I was screaming.  Then, she said that if I had brought a cashier's check from my other bank, there would not have been a HOLD in the first place.  Now the bank whose check was on hold is right beside the bank holding it!  I asked if there was somebody else to whom I could appeal and she said, you can hold for the Main St Branch Mgr.

He gets on the phone, I explain my problem and also, that I've made these personal banking deposits before with no problems what-so-ever at the E Branch on AJ Hwy.  With no humanity, he stated that several years ago the federal gov't changed the rules for HOLDS to be put on large deposits so that would include ALL large deposits.  Told him I felt as if $12,000 intended for a bank visa payment had been stolen from me.  I had already been on the First Tennessee Bank website and to the Question: Why is a hold placed on large deposits?  It answers:  On a case-by-case basis, a hold may be placed on deposits more than $5,000 to verify funds.  You get the picture but by this time, my blood pressure was up and I knew that I needed to get off the phone and fix my own problem but for sure, stay away from this bank, so I said, "Thanks so much, God Bless you" to which he said, "uh-huh", and hung up.

I then took just about all money out of my interest bearing acct to pay my VISA Bill.  This is not the first time that the main branch has rigidly refused to do what would be right for the customer on a 'case by case basis'; but this will definitely be the LAST. 





Health Grade Components

FDIC Certificate #4977
Year Established1864
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD9.24%
Annual Interest Income$817.9MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$28.35B$25.99B
LoansQ4 2016vs Q4 2015$19.50B$17.60B
DepositsQ4 2016vs Q4 2015$22.91B$20.12B
Equity CapitalQ4 2016vs Q4 2015$2.89B$2.91B
Loan Loss AllowanceQ4 2016vs Q4 2015$201.1MM$209.3MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$173.6MM$207.7MM
Real Estate OwnedQ4 2016vs Q4 2015$16.2MM$33.1MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Tennessee Savings Account Rates

0.01%--Traditional Savings

First Tennessee Money Market Rates

1.50%--Money Market Savings – 1st 6 mos. intro rate w/ active checking
1.00%--Money Market Savings – 1st 4 mos. intro rate w/ active checking
0.75%--Money Market Savings – 1st 3 mos. intro rate w/ active checking
0.08%*$100k*-Money Market Savings w/ Premier Plus
OTHER TIERS: 0.06% Up to $25k | 0.07% $25k - $100k
0.03%*$100k*-Money Market Savings
OTHER TIERS: 0.01% Up to $25k | 0.02% $25k - $100k

First Tennessee CD Rates

0.55%--60 Month CD
0.40%--48 Month CD
0.30%--36 Month CD
0.15%--24 Month CD
0.10%--12 Month CD
0.06%--180 Day CD
0.06%--270 Day CD
0.06%*$25k*-180 Day Add On CD
OTHER TIERS: 0.02% Up to $25k
0.06%--12 Month Rate Climber CD
0.02%--30 Day CD
0.02%--60 Day CD
0.02%--90 Day CD

First Tennessee has 155 locations. Click to view all First Tennessee locations.