Banks in Loretto, TN

Bank branch map: Loretto

Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.

Short answer: 2 banks and credit unions operate 2 locations in Loretto, according to the FDIC. 2 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.

All banks in Loretto

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: First Farmers and Merchants Bank and Wayne County Bank have the most locations in Loretto, with 1 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

First Farmers and Merchants Bank 1 branch · main office Columbia, TN Bank · 1

First Farmers and Merchants Bank has 1 branch in Loretto, 23 across Tennessee and 23 nationwide. FDIC records list its main office in Columbia, TN and show it operating since 1909. With $1.76 billion in total assets on June 30, 2026, it ranks No. 656 of 4,232 U.S. banks by total assets. The Loretto Branch at 201 S Military St dates to 1910 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Loretto Branch

  201 S Military St, 38469

  Hours: see the bank's site
  DirectionsWebsite

First Farmers and Merchants Bank: profile, branches and contacts

Wayne County Bank 1 branch · main office Waynesboro, TN Bank · 1

Wayne County Bank has 1 branch in Loretto, 8 across Tennessee and 8 nationwide. FDIC records list its main office in Waynesboro, TN and show it operating since 1914. With $595.1 million in total assets on June 30, 2026, it ranks No. 1,575 of 4,232 U.S. banks by total assets. The Citizens Branch Of Lawrence County, A Branch Of Wayne County Bank at 100 S Military St dates to 2023 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Citizens Branch Of Lawrence County, A Branch Of Wayne County Bank

  100 S Military St, 38469

  Hours: see the bank's site
  DirectionsWebsite

Wayne County Bank: profile, branches and contacts

Banking in Loretto: the local picture

Short answer: 2 banks run 2 branches in Loretto according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

Of the 2 banks, 0 have their main office in Loretto, 2 elsewhere in Tennessee, according to the FDIC.

The bank with the longest record here is First Farmers and Merchants Bank, operating since 1909 according to the FDIC. In FDIC branch records, the longest-running branch is First Farmers and Merchants Bank's office at 201 S Military St, dating to 1910; the newest is Wayne County Bank's at 100 S Military St, from 2023.

None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Loretto, and where the nearest one is if they do not.

Short answer: No branches in Loretto: Chase (nearest in Spring Hill, 57 mi), Wells Fargo (nearest in Franklin, 67 mi), Bank of America (nearest in Spring Hill, 57 mi), PNC Bank (nearest in Franklin, 68 mi), U.S. Bank (nearest in Columbia, 43 mi), Truist (nearest in Lawrenceburg, 15 mi), Fifth Third Bank (nearest in Spring Hill, 55 mi), Huntington (nearest in Ardmore, 34 mi), Regions Bank (nearest in Hohenwald, 33 mi), TD Bank, BMO.

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Loretto to the nearest branch in Tennessee.

What your savings could earn

National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.

Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.

Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Loretto residents like anyone else.

Banks near Loretto

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Lawrenceburg (14 miles) and Collinwood (18 miles). Lawrenceburg, 14 miles away, has the most banks nearby: 9.

Bank branch openings and closings in Loretto

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Loretto between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Largest banks in Loretto by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Loretto offices.

Short answer: First Farmers and Merchants Bank is the largest bank with offices in Loretto, with $1.76 billion in total assets on June 30, 2026, No. 656 among U.S. banks by total assets. Wayne County Bank is second with $595.1 million. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.

Banks in Loretto: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.