WE’VE OFFERED MORE PEACE OF MIND FOR OVER A CENTURY WITH MORE STRENGTH, STABILITY AND SOUNDNESS. LEARN MORE >
COMMUNITY STRONG
FirstBank keeps serving our communities 100+ years strong.
With 117 years of stability, we are here for you now and for generations to come. While the news has raised some concerns, we keep raising the bar on financial strength. FirstBank carries a 5-Star Superior Rating from BauerFinancial, and a reputation for service that carries a lot of weight. We have grown to $13.1 billion in assets on the strength of our local bank model that communities have relied on for over a century. As a bank, we are in the business of more and that includes more financial stability. Our consistent focus throughout most of 2022 and into 2023 has been on maintaining strong positions in liquidity, credit and capital which positions us well in the current financial climate.
FIRST FACTS YOU SHOULD KNOW
Founded in 1906 in Tennessee and headquartered in Nashville- Well-capitalized, exceeding regulatory standards, with a long history of safety and soundness
- Diverse business mix of both commercial and retail deposits spread out over many customers, a diverse geography, and many business types
- Strong liquidity position with an 84% loan to deposit ratio and only 11% of our assets in our investment portfolio
- 62% of deposit relationships have been with the bank more than 5 years
- Over $1 billion in cash and cash equivalents on our balance sheet
- A typical community bank; not a niche bank
FIVE STAR RATING
Find Strength
In Five Stars
Get more out of a bank not only committed to making tomorrow better for all those we serve, but also to financial discipline. We consistently receive the highest 5-Star Superior Rating from BauerFinancial.
LOCAL LEADERSHIP
Find Assurance In Local Banking
When you bank local, you can rest assured that local leadership has not just your best interests at heart but those of your community. Starting with your local FirstBank Market President, get peace of mind knowing the entire FirstBank banking team is ready to assist you.
We’re just a phone call or visit away. Reach out to your local branch with any questions you have >
FDIC PROTECTION
Find Safety
In FDIC Insurance
FDIC deposit insurance is automatic for any deposit account opened at an FDIC-insured bank. Deposits are insured up to at least $250,000 per depositor, per FDIC-insured bank, per ownership category.
Find answers to some of the most common questions about the FDIC >
FAQs About What Makes FirstBank The Answer
FirstBank’s core deposit relationships give us financial strength with 52% being transactional or normal operating checking accounts.
FirstBank has a strong liquidity position with an 84% loan to deposit ratio and only 11% of our assets in our investment portfolio.
The FDIC (Federal Deposit Insurance Corporation) is an independent agency of the United States Federal Government and insures all types of deposits received by a financial institution in its usual course of business. FDIC-insured deposits are backed by the full faith and credit of the United States Federal Government.
If your account is at an FDIC-insured bank like FirstBank, you’re automatically covered. Your deposits are insured up to $250,000 per depositor, per FDIC-insured bank, per ownership category. It’s also important to make sure that your money is in a deposit account like a checking, savings, Money Market, or CD for it to be insured. The FDIC does not cover things like mutual funds, annuities, life insurance policies, and stocks and bonds.
View some of the common questions about the FDIC and deposit insurance >
Data as of March 31, 2023. Information sourced from publicly available information contained within the Annual Report on Form 10-K filed with SEC, earnings release materials or call report data.
FirstBank has offered more peace of mind for over a century, with more access, answers and the latest products and services. Click on the link below to get all the good news on FirstBank’s financial strength, and how we can help build yours. We go way back with our communities and customers by going out of our way for your future.
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