37,844Employees
$3.6 BTotal Annual Compensation & Benefits
$94,792Average Total Compensation & Benefits
132Banks Headquartered in State
Troy Rogers, the City of Chattanooga’s public service coordinator, and Michael Mathis, Chattanooga market executive for Regions Bank, came together to transform their community for the better. They became acquainted through their mutual support for United Way of Greater Chattanooga—friendship deepening due to the challenges presented by COVID-19, and the mounting racial unrest in America.
Source: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data
$31.1 BNew Home Loans Booked in 2020
120,888Number of New Home Loans in 2020
$205,000Median New Home Loan Size in 2020
$8.8 Bin Paycheck Protection Program (PPP) Loans Facilitated
91,054PPP Loans
$21,899Median PPP Loan
1.1 MJobs Supported by PPP
From music, energy, franchise finance and credit processing, to asset based lending, international banking, mortgage warehouse lending and more, First Horizon National Corporation’s banking experts serve several niche industries. An energy lending group builds relationships with primarily up- and mid-stream companies in the oil and gas industry. The team even conducts site tours to get a first-hand sense of how the businesses operate, helping them better serve their small business customers.
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Source: HMDA, SBA PPP Loans, ABA analysis
3.8 MCustomers
$213.1 BDeposits
175Banks Operating Branches
1,970Branches & Offices
774Branches Offering Low Fee Bank On-certified Accounts
When the COVID-19 pandemic impacted small businesses in Wilson County, Tenn., nine community banks and the three local chambers of commerce joined together to help.
Source: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund
186.5 KVolunteer Hours
$56 MCommunity Donations
Employees of The Farmers Bank, headquartered in Portland, TN, give their time and expertise to a variety of financial education programs for students aged pre-K through college—from reading stories about money and savings to nursery school students to participating in ABA Foundation’s Teach Children to Save. During 2019’s Teach Children to Save program, 60 employees read to approximately 2,100 first grade students and 95 classrooms in 27 private and public schools visited.
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Source: Estimates based on ABA 2020/2021 survey data
