• Statewide Deposit and Statewide Deposit Plus Accounts - header

Statewide Deposit and Statewide Deposit Plus Accounts

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Statewide Deposit and Statewide Deposit Plus Accounts make it easier and more convenient for you to track your deposits to your First Tennessee account from multiple store or office locations across multiple states, effectively improving cash flow.

Product Features

  • Allows individual store or office locations with First Tennessee accounts to make deposits by customer location and then have those deposited funds concentrated into a single master account. This is accomplished by opening one account (Statewide Deposit) or multiple accounts (Statewide Deposit Plus).
  • Each store location is included in all electronic balance reporting data.
  • A single periodic (daily, weekly, or monthly) statement is provided with the activity identified by location.

Product Benefits

  • Improved control and security – Account provides an independent record of activity at each location and a master account for centralized funds management.
  • Accurate and timely information – Your account information is reported daily in a single BAI file with transactions identified by location.
  • Increased efficiency – The ability to track deposits by store location number decreases extra work required when this service is not in place.


  • TREASURY MANAGEMENT PRODUCTS

  • Get cash control you can count on with Business Banking Online

Federal Deposit Insurance Corporation Banking products and services are provided by First Tennessee Bank National Association. Member FDIC. Logo_Equal_Housing_LG Equal Housing Lender.