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Putnam 1st Mercantile Bank
✓ FDIC-insured · Active FDIC Certificate #58079
Putnam 1st Mercantile Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Cookeville, Tennessee, established in 2005. As of the 06/30/2026 FDIC call report, it reported $179M in total assets and $160M in deposits. FDIC location data lists 3 offices in Tennessee. The FDIC classifies it as a community bank. It is owned by the holding company FIRST MERCANTILE FINL CORP (Cookeville, TN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of Putnam 1st Mercantile Bank's FDIC-listed offices are in Tennessee. Browse banks in Cookeville for other local options.
Branch locations
| Putnam 1st Mercantile Bank Putnam 1st Mercantile Bank · Full Service - Brick And Mortar | 200 W Jackson St Cookeville, TN 38501 Map ↗ |
| Putnam 1st Mercantile Bank Tenth Street Branch · Full Service - Brick And Mortar | 860 E 10th St Cookeville, TN 38501 Map ↗ |
| Putnam 1st Mercantile Bank Baxter Branch · Full Service - Brick And Mortar | 322 Main St Baxter, TN 38544 Map ↗ |
Holding company: FIRST MERCANTILE FINL CORP
The FDIC lists FIRST MERCANTILE FINL CORP, based in Cookeville, TN, as the top holding company for Putnam 1st Mercantile Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Tennessee
Active FDIC-insured banks headquartered in Tennessee with total assets closest to Putnam 1st Mercantile Bank's $179M. See all banks in Tennessee.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| First Peoples Bank of Tennessee | Jefferson City | $220M | 5 |
| Foundation Bank | Mc Kenzie | $218M | 8 |
| Greeneville Federal Bank, FSB | Greeneville | $204M | 3 |
| Harpeth Bank & Trust | Franklin | $198M | 2 |
| Citizens Savings Bank and Trust Company | Nashville | $188M | 2 |
| Heritage Community Bank | Greeneville | $184M | 3 |
| UBank | Knoxville | $183M | 2 |
| Peoples Bank & Trust Company | Manchester | $169M | 1 |
Putnam 1st Mercantile Bank: common questions
Is Putnam 1st Mercantile Bank FDIC-insured?
Yes. Putnam 1st Mercantile Bank is an active FDIC-insured institution, FDIC Certificate #58079. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Putnam 1st Mercantile Bank headquartered?
Putnam 1st Mercantile Bank is headquartered at 200 W Jackson St, Cookeville, TN 38501, according to FDIC records.
How many branches does Putnam 1st Mercantile Bank have?
FDIC location data lists 3 offices for Putnam 1st Mercantile Bank, all in Tennessee.
Who owns Putnam 1st Mercantile Bank?
The FDIC lists FIRST MERCANTILE FINL CORP of Cookeville, TN as the top holding company for Putnam 1st Mercantile Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.