Big Five: Chattanooga's biggest banks

Big Five: Chattanooga's biggest banks

December 2nd, 2014 by Staff Report in Business Around the Region

The First Tennessee Bank building is located between Market and Broad Streets in downtown Chattanooga.

The First Tennessee Bank building is located between...

Photo by John Rawlston /Times Free Press.

Bank deposits in metropolitan Chattanooga grew 0.7 percent in 12 months ended June 30. The 27 banks operating in the 6-county region collectively shared more than $8.5 billion in deposits. Chattanooga's biggest banks in 2014 are:

• 1. First Tennessee, $2.06 billion in Chattanooga with 21 branches

• 2. SunTrust, $1.59 billion with 25 branches

• 3. Regions, $1.15 billion with 23 branches

• 4. CapitalMark, $510.9 million with one local branch

• 5. First Volunteer, $416.1 million with 11 branches.

Source: Federal Deposit Insurance Corp., data for bank deposits and branches within metropolitan Chattanooga. Read more in November's Edge magazine online.


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