Thread Bank - Banks

About Thread Bank

Thread Bank is a bank listed in the Directory of US Banks with its registered headquarters in Rogersville, Tennessee. It is one of the banks in Tennessee. The bank traces its origins to 1906 in Eastern Tennessee. In May 2021, a group of banking and fintech investors and executives recapitalized it. The company describes itself as a community bank that relies heavily on financial technology to serve individuals and businesses. Its holding company is Thread Bcorp Inc, its primary regulator is the FDIC, and it operates three branch offices. Thread reports total assets of $1.11 billion and total deposits of $1 billion. In April 2025, it opened a corporate headquarters in Nashville's Wedgewood-Houston neighborhood, which the company says is home to more than 40 team members. Beyond its own accounts for businesses and individuals, Thread offers an embedded banking platform. Through it, other banks, credit unions, and fintech companies can offer their customers account services, payments, cards, merchant accounts, and commercial and consumer loans.

Key Facts

Total Assets

$1.11B

Total Deposits

$1B

Branch Offices

3

Established

1906

Holding Company

Thread Bcorp Inc

Primary Regulator

FDIC