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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).

Total assets
$179M
Total deposits
$160M
Offices
3
Return on assets
1.93%

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
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Putnam 1st Mercantile Bank
Tenth Street Branch · Full Service - Brick And Mortar
860 E 10th St
Cookeville, TN 38501
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Putnam 1st Mercantile Bank
Baxter Branch · Full Service - Brick And Mortar
322 Main St
Baxter, TN 38544
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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.

BankHQ cityAssetsOffices
First Peoples Bank of TennesseeJefferson City$220M5
Foundation BankMc Kenzie$218M8
Greeneville Federal Bank, FSBGreeneville$204M3
Harpeth Bank & TrustFranklin$198M2
Citizens Savings Bank and Trust CompanyNashville$188M2
Heritage Community BankGreeneville$184M3
UBankKnoxville$183M2
Peoples Bank & Trust CompanyManchester$169M1

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.