Memphis and Nashville banks account for a huge chunk of the $147 billion in bank deposits in Tennessee.
But, Nashville held a sizable lead in bank deposits as of June 2017, with $57 billion — almost 40 percent of Tennessee’s total — at its local banking institutions. Comparatively, Memphis banks hold $29 billion in deposits, or 20 percent of the state’s total.
To find and compare which areas have the most bank branches and deposits, Memphis Business Journal gathered FDIC data on each ZIP…
