Find the Best Banks in Tennessee Right Now • Benzinga


Quick Look: Top Tennessee Banks

Ready for a new bank but not sure where to start? Tennessee offers a multitude of banks, but only a few are ideal for your unique financial situation.

Start with Benzinga’s review of the best banks in the state to find your match today.

Axos Bank

Axos Bank is an online bank that offers personal, corporate and partner banking services. You’ll find checking accounts, savings accounts, mortgages, car loans, personal loans and investment assistance.

Axos Bank is known for its 5 unique checking accounts. It also offers checking accounts that deposit your paychecks up to 2 days faster, reimburse your ATM fees, earn interest on your balance, and get you cash back.

Manage your accounts anytime online or via the Axos mobile app. Axos mobile banking allows you to check your account balance, transfer funds, pay bills, view your transaction history and contact customer service. The mobile app and online website are encrypted to ensure the security of your personal information.

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securely via the Axos Bank website

Hunt

Chase is the consumer and commercial subsidiary of multinational financial services holding company JP Morgan Chase. Chase offers consumers credit cards, checking accounts, savings accounts, mortgages, home equity lines of credit, auto loans, financial planning and investment services.

The investment is done primarily through JP Morgan. Clients who open a new You Invest℠ Trade account can earn up to $725 in bonus offers.

Chase has a team of professionals who can help you improve your business cash flow, provide credit solutions and manage payroll. You can access business checking accounts, savings accounts, credit cards, debit cards and more. And it’s easy to manage your accounts through online and mobile banking.

Chase Corp.

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securely via the Chase Corp website

Disclosure: * We will not charge an overdraft fee if you have an overdraft of $50 or less at the end of the business day. Chase may pay, for a fee of $34, overdraft transactions at our discretion based on your account history, deposits and transaction amount. If you are enrolled in debit card coverage, everyday debit card purchases, such as groceries, may be approved at our discretion when you do not have enough money in your account.

BBVA

BBVA opened its 1st location in Birmingham, Alabama in 1964. Since then, the bank has expanded across the United States and developed its online banking services. You can now open a BBVA current account or savings account without ever entering a branch.

BBVA offers both online banking and mobile banking. Its award-winning mobile app is a simple and convenient way to manage your finances. BBVA handles remote customer service exceptionally well. You can reach your personal banker by SMS, e-mail or telephone.

In addition to checking accounts and savings accounts, you will have access to credit cards, loans, mortgages and investments. You can also consolidate your debt with a BBVA Express personal loan. This loan compiles your debt into one payment at a reduced interest rate.

BBVA

CIT Bank

CIT Bank works with individual customers, businesses, commercial customers and community associations. CIT Bank offers its services online and through mobile banking.

You can deposit checks, transfer funds, monitor your accounts, view your transaction history, and pay your bills anytime. You can also open an eChecking account online which will earn interest without charging you a fee. Everything can be managed from the comfort of your home at any time.

The most impressive features of CIT Bank are its savings accounts and savings products. Whatever your financial goals, CIT Bank has a savings product designed to help you achieve them. There are several savings accounts with different terms and interest rates. You can also save your money in a money market account and in various certificates of deposit (CDs).

CIT Bank

American bank

US Bank offers personal, corporate and wealth management banking services. US Bank has branches and ATMs in over 40 locations across Tennessee.

US Bank also offers online and mobile banking. You can pay your bills, deposit checks, transfer funds, view your statements and more with its digital tools.

You can access checking accounts, savings accounts, credit cards, mortgages, refinance options, loans, lines of credit, and get help with investments and retirement. Business owners can open checking accounts and savings accounts. US Bank also offers lending options, credit cards, merchant services, and payroll services for businesses.

American Bank – Mortgage

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securely through the US Bank – Mortgage website

First Citizen Bank

First Citizens Bank is a unique company that offers both banking locations and online services. You can open a checking or savings account online, manage the account through the website or mobile app, earn interest on your balance, and take advantage of other banking options such as credit cards, loans, CDs, etc which are available.

You can earn up to 0.03% on your savings balance, which is compounded daily, or you can earn 0.01% on your checking balance. The free checking account only has a minimum deposit of $50 while Premier and Prestige only require a deposit of $100. The qualifiers for avoiding monthly maintenance fees are easy to achieve in most cases, and there are very few inconveniences when using these services.

First Citizens National Bank

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securely through the First Citizens National Bank website

Current APY

0.01% for Premier or Prestige checks

The minimum balance

None for free verification

Exam in 1 minute

First Citizens offers a range of checking accounts that allow you to start with a small deposit and enjoy the benefits that matter most to you. Additionally, there are simple qualifiers that allow you to maintain more advanced accounts without paying any fees. You can take advantage of many other banking services, earn interest on your current balance, and use the mobile app to manage your money wherever you go.

Best for

  • Affordable fees on advanced account types
  • Earn interest on a checking account
  • Additional banking services
Advantages
  • Earn 0.01% on Premier or Prestige check balances
  • Easy to avoid fees with simple qualifiers
  • Powerful mobile banking app
  • Low minimum deposits

First Citizens National Bank

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securely through the First Citizens National Bank website

Exam in 1 minute

The First Citizens Savings Account is similar to the Checking Account, but you earn 0.03% on your daily balance, which is compounded and credited monthly. You get overdraft protection, transfers between bank accounts are simple and a mobile banking app that gives you access to your account wherever you are. Remember, however, that the first 2 transfers and withdrawals are free, after that you incur a $3 fee. Even so, there is no minimum balance or monthly service fee.

Best for

  • Save money transferred from your current account
  • Protect your accounts in the event of an overdraft
  • Anyone who wants to start saving with very little money
Advantages
  • Compound daily interest on your balance
  • Powerful mobile app
  • Overdraft Protection
The inconvenients
  • Only the first 2 transfers or withdrawals are free

Frequently Asked Questions

Q: What are Certificates of Deposit (CDs)?

A: A CD is a deposit for a fixed term. You will not be able to access your money during the term of the CD, but you will receive your full deposit plus additional interest when the CD expires. The longer the term of your CD, the higher the interest rate you will receive.

Q: What do I need to open a bank account?

A: Banks will ask for your identification, social security number and personal information. There may also be additional requirements. Contact the bank of your choice for specific needs.

Find the right bank

Right Bank will provide you with the service and tools to help you easily manage your finances. Start with our list of recommended banks and feel free to ask questions to learn more. Today’s market offers a variety of unique services and benefits. There is an ideal bank to help you achieve your financial goals.

Methodology

To determine the best banks in Tennessee, Benzinga analyzed more than 100 banks and financial institutions. We’ve empowered Tennessee banks with cooperative ATMs and repayment options. We also gave a higher ranking to banks that offered the following: checking and savings accounts, online banking, personal loans, mortgages, educational resources, and a mobile app.


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Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
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