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5050 Poplar Avenue
Memphis, TN 38157

Independent Bank (TN) is headquartered in Memphis and is the 16th largest bank in the state of Tennessee. It is also the 750th largest bank in the nation. It was established in 1998 and as of December of 2017, it had grown to 217 employees at 10 locations. Independent Bank (TN) has an A health rating.

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Health Grade Components

FDIC Certificate #34728
Year Established1998
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD7.19%
Annual Interest Income$44.4MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$1.00B$1.01B
LoansQ4 2017vs Q4 2016$796.2MM$838.2MM
DepositsQ4 2017vs Q4 2016$850.2MM$878.4MM
Equity CapitalQ4 2017vs Q4 2016$120.4MM$114.6MM
Loan Loss AllowanceQ4 2017vs Q4 2016$8.1MM$9.6MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$3.4MM$5.1MM
Real Estate OwnedQ4 2017vs Q4 2016$1.9MM$819.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Independent Bank (TN) Savings Account Rates

0.05%$100-Savings Account

Independent Bank (TN) Money Market Rates

0.10%*$15k*-Money Market Savings
OTHER TIERS: 0.05% Up to $15k

Independent Bank (TN) Checking Account Rates

0.10%$5k-Package Account
0.05%$1k-Interest Checking Account

Independent Bank (TN) CD Rates

0.95%$100-60 Month CD
0.60%$100-36 Month CD
0.20%$100-12 Month CD
0.15%$1k-6 Month CD

Independent Bank (TN) IRA Rates

0.95%$1k-60 Month IRA
0.65%$1k-48 Month IRA
0.40%$1k-24 Month IRA
0.25%$1k-Floating Rate 18 Month IRA
0.20%$100-12 Month IRA

Independent Bank (TN) Locations
Union Avenue Branch1711 Union AvenueMemphis, TN 38104
Independent Bank Collierville Branch2116 West PoplarCollierville, TN 38017
Poplar/Holmes Branch3295 Poplar AvenueMemphis, TN 38111
Downtown Commerce Square Branch40 South Main StreetMemphis, TN 38103
Laurelwood Branch450 Perkins ExtdMemphis, TN 38117
Independent Bank5050 Poplar AvenueMemphis, TN 38157
Kroger-Bartlett Branch5995 Stage RoadBartlett, TN 38134
Poplar Avenue Branch6209 Poplar AvenueMemphis, TN 38119
Germantown Branch7635 Poplar AvenueGermantown, TN 38138

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