Tri-State Bank of Memphis

Tri-State Bank is a Financial Services company in Memphis, Tennessee, United States. The headquarters is located at 4606 Elvis Presley Blvd, Memphis, Tennessee, 38116. Tri-State Bank of Memphis was founded in 1946 by the late Dr. J. E. Walker, and his son, the late A. Maceo Walker. They dreamed of a bank, which would constructively change community conditions. Led by the late Jesse H. Turner, the bank developed innovative financial and community service. Tri-State Bank pioneered signature loans, real estate loans and church loans to blacks without a special endorsement. Perhaps the most far-reaching impact was that of home ownership. Prior to Tri-States existence it was difficult for blacks to make loans on their homes or toward the purchase of homes. In its first ten years, in excess of $10 million of first mortgage loans on homes were made. This $10 million figure represented home ownership for over 2,000 black families. Tri-State Bank of Memphis also played an important role ...