FirstBank
SouthEast Bank
First Horizon Bank
Here in the Scenic City, we have plenty of financial institutions to fit the needs of residents and business owners alike. With local, regional, and national institutions to choose from, Chattanoogans can easily access the services and solutions that are right for them.
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 spur banks to offer a variety of products and services, while building longer-term financial relationships.
Financial planning services continue to make their way to mainstream banking entities. Among other services, banks are helping 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. First Financial Bank, headquartered in Indiana recently announced that it is purchasing SimplyBank and its 13 branches to expand its presence in Tennessee and neighboring Georgia. Mountain Valley Bank, one of metropolitan Chattanooga’s oldest locally owned banks, purchased the Collegedale Northwest Georgia Bank in February of 2023. This new location marks Mountain Valley’s first expansion into Hamilton County.
In addition to these mergers and acquisitions, several companies are coming to the Chattanooga market or expanding their existing footprint. West Virginia-based WesBanco Inc. entered the Chattanooga market in 2023, opening a new loan production office in Northshore. Others have reshaped their services such as Tennessee Valley Federal Credit Union (TVFCU). In the last six years, the credit union has focused on building their home loan portfolio. Historically one of the area’s largest automobile lenders, in 2023 TVFCU became the biggest home lender in the Chattanooga area.
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 diligently serve the Chattanooga community.
Here in the Scenic City, we have plenty of financial institutions to fit the needs of residents and business owners alike. With local, regional, and national institutions to choose from, Chattanoogans can easily access the services and solutions that are right for them.
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 spur banks to offer a variety of products and services, while building longer-term financial relationships.
Financial planning services continue to make their way to mainstream banking entities. Among other services, banks are helping 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. First Financial Bank, headquartered in Indiana recently announced that it is purchasing SimplyBank and its 13 branches to expand its presence in Tennessee and neighboring Georgia. Mountain Valley Bank, one of metropolitan Chattanooga’s oldest locally owned banks, purchased the Collegedale Northwest Georgia Bank in February of 2023. This new location marks Mountain Valley’s first expansion into Hamilton County.
In addition to these mergers and acquisitions, several companies are coming to the Chattanooga market or expanding their existing footprint. West Virginia-based WesBanco Inc. entered the Chattanooga market in 2023, opening a new loan production office in Northshore. Others have reshaped their services such as Tennessee Valley Federal Credit Union (TVFCU). In the last six years, the credit union has focused on building their home loan portfolio. Historically one of the area’s largest automobile lenders, in 2023 TVFCU became the biggest home lender in the Chattanooga area.
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 diligently serve the Chattanooga community.
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