Banking Rates & News

Memphis Metro Area

Including Memphis, Germantown, Oxford, Southaven, Collierville, Bartlett, Cordova, Olive Branch, Corinth, Dyersburg, and 90 other towns.

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Banking in the Memphis Area

Memphis is best known as the home of blues music, with Beale Street and Elvis Presley’s Graceland as its most notable landmarks. Serving as the county seat for Shelby County in Tennessee, Memphis is a vibrant community that blends the old with the new for a charming atmosphere where one can work, rest, and play. Residents will find everything they need such as shopping, medical help and banking close by. There are 56 banks and 37 credit unions that have made this city their headquarters.

Those looking for a financial institution where they can open a checking or savings account will find several locations throughout the Memphis area. With about 730 branches stemming from more than 100 banks and 50 credit unions, there is sure to be one close to home. Those who find they can’t make it in to do their banking during regular hours can take advantage of services such as online banking and ATMs.

Notable banks like First Citizens Bank, Independent Bank, Landmark Community Bank, and Magna Bank are all available to help Memphis residents with their financial needs. These banks offer financial services that include student loans, retirement accounts, refinancing, and home mortgages. Each of these institutions serve the community with reliable banking they can count on. First Tennessee Bank, National Association is a fine example of this. They opened their doors in 1864 and are still a reliable banking option for those living in this area today.

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Local Deals & News

New 17 Month 2.00% CD
Special 17-Month Certificate 2.00% APY (Share/IRA/ESA)Certificates | Navy Federal Credit Union|
Bancorp South's Fall Rake in the Cash Bonus Earns $150
UPDATE 11/2/2016: After reading the comments below, I did some further investigating. According to multiple CSRs, and more importantly, Bancorp South’s Marketing Department, the Fall Rake in the Cash $150
$200 Checking Bonus At New Collierville Branch Only
Get $200 when you open a First South Financial checking account* Offer valid through 11/30/16 Checking account must be opened with at least $50 You must make at least 15 debit
Orion FCU (TN/MS/AR) Adds 100 Basis Points To Premium Checking APY
Availability: Residents of three Tennessee counties, two Mississippi counties, and two Arkansas counties, all in the greater Memphis metropolitan area; 30+ SEGs. At the beginning of October, Orion Federal Credit
10% 1Yr CD & $200 Checking Bonus In Memphis Area
Grand opening specials at First South Financial Credit Union’s new Collierville location (accounts must be opened at this location by 11/30/16) 10% apy 1-year CD $1,000 max per household $200