Tri-State Bank of Memphis

ENABLING, ENRICHING, & ENHANCING DREAMS

General Information
Company Name
Tri-State Bank of Memphis
Founded Year
1946
Location (Offices)
Memphis, United States +1
Founders / Decision Makers
Number of Employees
19
Industries
Financial Services, Banking
Funding Stage
-
Social Media

Tri-State Bank of Memphis - Company Profile

Tri-State Bank of Memphis is a Financial Services company based in Memphis, Tennessee. Founded in 1946 by Dr. J. E. Walker and A. Maceo Walker, the bank has a rich history of community empowerment and financial innovation. It has been instrumental in providing loans to the black community for home ownership and supporting the civil rights movement during the 1950s and 1960s. Notably, the bank played a crucial role in saving the Lorraine Motel from foreclosure, which later became the National Civil Rights Museum. Over the years, the bank's assets have grown from an initial $240,000 to an impressive $146 million, with a single branch location, one operation location, and 25 employees. Tri-State Bank of Memphis continues to positively impact its communities by enabling, enriching, and enhancing the dreams of its customers.

Taxonomy: Community Development, Small Business Loans, Civil Rights, Community Banking, Mortgage Lending, Historically Black Colleges, Remote Banking Technologies, Consumer Loans, Commercial Loans, Branch Banking, Real Estate Loans, Local Community Engagement

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