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For residents and business owners alike, banking in the Scenic City has never been easier. Local, regional, and national institutions are represented throughout Chattanooga, making it a breeze to find sought-after services and solutions.
Across the city, a wealth of banks and credit unions are ready and waiting to serve their customers. Consumer needs ranging from checking and savings accounts to mortgage and business loans provide companies with the chance to form relationships and differentiate their organizations.
Financial planning services are also increasingly making their way to mainstream banking entities, and select banks can also help individuals and businesses with retirement plans, pensions, trusts, insurance needs, and portfolio management.
Banking in Chattanooga is mirroring national trends when it comes to mergers and acquisitions, and these business deals often leave consumers with expanded products and services to take advantage of. Topping headlines is Toronto Dominion Bank’s $13.4 billion deal to acquire First Horizon. The transaction is expected to close in early 2023, and if successful, would help Toronto Dominion Bank land a spot among the top six banks in the United States. Another major acquisition came as First Volunteer Bank took over First Bank of Dalton. At the end of 2022, all existing First Volunteer Bank branches in Tennessee and Georgia were slated to be rebranded as Builtwell Bank, and the organization has plans to open a new Ooltewah location in early 2023.
In addition to these mergers and acquisitions, several companies are coming to the Chattanooga market or expanding their existing footprint. CapStar Bank recently expanded its Chattanooga banking group and opened a full-service location downtown, and CMG Financial has also opened a new local branch. Local startup RockPoint Bank began offering services in 2021. Tennessee Valley Federal Credit Union (TVFCU) announced that its service area is growing from 13 to 17 counties with the addition of North Georgia counties Chattooga, Gordon, Murray, and Whitfield.
While some banks may be new to the area or are changing form, powerhouse companies and regional favorites continue to offer dependable service. Among the many area banks are FirstBank, SouthEast Bank, Truist, Regions Bank, Synovus Bank, SmartBank, and Pinnacle Financial Partners.
In addition to consolidated companies, new players, and local mainstays, other traditional banks and credit unions continue to serve the Chattanooga community and offer the best products and services for their consumers.
For residents and business owners alike, banking in the Scenic City has never been easier. Local, regional, and national institutions are represented throughout Chattanooga, making it a breeze to find sought-after services and solutions.
Across the city, a wealth of banks and credit unions are ready and waiting to serve their customers. Consumer needs ranging from checking and savings accounts to mortgage and business loans provide companies with the chance to form relationships and differentiate their organizations.
Financial planning services are also increasingly making their way to mainstream banking entities, and select banks can also help individuals and businesses with retirement plans, pensions, trusts, insurance needs, and portfolio management.
Banking in Chattanooga is mirroring national trends when it comes to mergers and acquisitions, and these business deals often leave consumers with expanded products and services to take advantage of. Topping headlines is Toronto Dominion Bank’s $13.4 billion deal to acquire First Horizon. The transaction is expected to close in early 2023, and if successful, would help Toronto Dominion Bank land a spot among the top six banks in the United States. Another major acquisition came as First Volunteer Bank took over First Bank of Dalton. At the end of 2022, all existing First Volunteer Bank branches in Tennessee and Georgia were slated to be rebranded as Builtwell Bank, and the organization has plans to open a new Ooltewah location in early 2023.
In addition to these mergers and acquisitions, several companies are coming to the Chattanooga market or expanding their existing footprint. CapStar Bank recently expanded its Chattanooga banking group and opened a full-service location downtown, and CMG Financial has also opened a new local branch. Local startup RockPoint Bank began offering services in 2021. Tennessee Valley Federal Credit Union (TVFCU) announced that its service area is growing from 13 to 17 counties with the addition of North Georgia counties Chattooga, Gordon, Murray, and Whitfield.
While some banks may be new to the area or are changing form, powerhouse companies and regional favorites continue to offer dependable service. Among the many area banks are FirstBank, SouthEast Bank, Truist, Regions Bank, Synovus Bank, SmartBank, and Pinnacle Financial Partners.
In addition to consolidated companies, new players, and local mainstays, other traditional banks and credit unions continue to serve the Chattanooga community and offer the best products and services for their consumers.
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