# Thread Bank

> Thread Bank is an FDIC-insured Tennessee community bank that supplies accounts, payments, cards and lending through software and fintech partners, alongside direct personal, business and local branch banking. Its corporate headquarters is in Nashville; its bank main office remains in Rogersville.

- **Founded:** 1906
- **Headquarters:** Nashville, United States
- **Products:** ThreadConnect, Threaded Payments, Thread Banking, Community branch banking, Thread Deposit Sweep Program
- **Notable:** Reported more than USD 2 billion in partner deposits in December 2025., Reported more than threefold embedded deposit growth from January 2024 to October 2025., Parent company reported more than USD 100 million in Tier 1 capital raised across rounds by December 2025.

## Products & services

- **ThreadConnect** — Embedded deposit accounts, money movement, card programs and lending for fintechs and software platforms.
- **Threaded Payments** — Merchant acquiring and payment acceptance for businesses and embedded partners.
- **Thread Banking** — Personal and business checking, savings, debit cards and digital money movement; the website currently routes new digital customers to waitlists.
- **Community branch banking** — Main office in Rogersville and a branch in Sneedville, Tennessee, with local customer service and lending.
- **Thread Deposit Sweep Program** — Places eligible deposits at program banks; the advertised maximum coverage is subject to program terms, ownership category, existing deposits and pass-through requirements.
- **Embedded charge cards with Unit** — Branded charge-card offering launched through the Unit relationship in November 2022.

## Achievements

- Reported more than USD 2 billion in partner deposits in December 2025.
- Reported more than threefold embedded deposit growth from January 2024 to October 2025.
- Parent company reported more than USD 100 million in Tier 1 capital raised across rounds by December 2025.
- Opened a corporate headquarters in Nashville in April 2025.
- FDIC terminated the May 2024 consent order on December 22, 2025.

## Latest updates

- **2026-05** — The Federal Reserve announced that a separate 2010 written agreement with parent Thread Bancorp, formerly Volunteer Bancorp, was terminated on May 6, 2026.
- **2025-12** — FDIC terminated consent order FDIC-24-0022b on December 22.
- **2025-12** — Parent announced the completed USD 30.5 million equity round and more than USD 2 billion in partner deposits.
- **2025-10** — CEO Chris Black discussed centralized data and modular banking in a Banking Transformed interview.
- **2025-09** — Announced LoanPro partnership for lending operations.
- **2025-08** — Selected Finxact and Infinant for its banking technology architecture.

## Links

- Website: https://thread.bank/
- LinkedIn: https://www.linkedin.com/company/threadbank/
- Twitter/X: https://twitter.com/bank_thread
- Instagram: https://www.instagram.com/thread.bank/
- Facebook: https://www.facebook.com/bank.thread

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Profile page: https://yespress.io/thread-bank
Published by YesPress — https://yespress.io
Last updated: 2026-10-25