Guide to Retail Banks in Tennessee

Locate Tennessee retail banking services that fulfill your business and financial needs

By Marianne Moro

Action Steps
The best contacts and resources to help you get it done

Determine which large bank chains offer Tennessee retail banking services

It's sometimes necessary to move your banking operations from one state to another, or from a small bank to a larger one with more branches and services. Here are some retail banks in Tennessee that operate on a national scale, with branches in many states.

I recommend: Click on the Bank of America business website to learn about online invoicing and electronic payroll for your corporation or small business. Contact other large, nationally operated retail banks in Tennessee for information about their services, like Wachovia, which offers bad check recovery and business check cards among other options.

Contact Tennessee retail banks that cater to small local or regional businesses

If you prefer dealing with regional or local Tennessee retail banking companies, there are a few regional chains offering services in cities and towns throughout the state.

I recommend: Check out BankTennessee for an array of services like a retail lockbox and cash management services. Call Regions if you need commercial banking with services like equipment financing and commercial real estate, in addition to basic business checking accounts and credit cards.

Find retail banks in TN that give small businesses personalized service

When looking for retail banks in Tennessee with low minimum deposits and other options geared for small business, choose banks that can also help you grow your company.

I recommend: Use FirstTennessee and take advantage of their POWER payroll, wire transfer, merchant services and online business banking. Formed in 1864 in Memphis, their parent company now ranks as one of the top 30 banking companies in the U.S. Check out Suntrust if you want fraud protection, online payroll and business banking from a regional Southern bank.

Helpful advice for making the most of this Guide

• •  For more live access to banking services, select a bank in Memphis, Nashville or another large city as your main branch. Banks in smaller Tennessee towns can have limited hours of operation.