Tri-State Bank of Memphis
LOCATIONS
1
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HEALTH RATING
B+
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CURRENT TOP RATE
0.75% APY
Money Market Preferred Savings Account
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.55% | 5-year CD | |
| 0.15% | Savings | 2.00% - Ally Bank Online Savings Account |
| 0.10% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
Overview / Commentary
Tri-State Bank of Memphis is headquartered in Memphis and is the 132nd largest bank in the state of Tennessee. It is also the 4,422nd largest bank in the nation. It was established in 1946 and as of September of 2018, it had grown to 23 employees at 1 location. Tri-State Bank of Memphis' money market rates are 70% higher than the national average, and it has a B+ health rating.
Health
B+
Data as of Q3 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Tri-State Bank of Memphis has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16511 |
| Year Established | 1946 |
| Employees | 23 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.85% |
| Return on Equity - YTD | 12.44% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $83.2MM$85.8MM |
| Loans | Q3 2018vs Q3 2017 | $53.5MM$61.1MM |
| Deposits | Q3 2018vs Q3 2017 | $69.1MM$71.9MM |
| Equity Capital | Q3 2018vs Q3 2017 | $13.8MM$13.1MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $1.4MM$1.2MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.6MM$2.3MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $211.00K$175.00K |
Rates
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Tri-State Bank of Memphis Savings Account Rates
Tri-State Bank of Memphis Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | $100k* | - | Money Market Preferred Savings Account | ||
| OTHER TIERS: 0.01% → $2.5k - $10k | 0.04% → $10k - $50k | 0.45% → $50k - $100k | |||||
Tri-State Bank of Memphis Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $2.5k | - | Checking Plus Account | |
| 0.05% | $1k | - | Check/Earning Account |
Tri-State Bank of Memphis CD Rates
Locations
| Tri-State Bank of Memphis Locations | ||
|---|---|---|
| Tri-State Bank Of Memphis | 4606 Elvis Presley Boulevard | Memphis, TN 38116 |