Applications / Mortgage Analytics / Lenders / Tennessee / Financial Federal Bank
Memphis, TN · State member bank · FRS · $1.1 billion assets · 197 loans in 2025
Financial Federal Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
197
loans originated, 2025
222
applications, 2025
15
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Financial Federal Bank, a Memphis bank, lends in poorer and majority-minority neighborhoods far more than similar banks, a shift that has come in the past five years.
Majority-minority neighborhoods took 45.7% of its loans and low- and moderate-income (LMI) neighborhoods 40.6%, more than at nearly all similar lenders (state member banks making between half and twice as many loans). At those lenders the typical figures were 4.4% and 16.2%. Five years before, its own shares were 15.6% and 12.8%.
Its typical loan was $265,000, against $185,000 at peers, larger than at about four in five of them. Jumbo loans (larger than the conforming limit) made up 7.3%, against 1.6%. Its lending split evenly between refinances and purchases.
It made 197 loans, 22% fewer than in 2024, while similar lenders grew 8% and the whole market 10%. It made 635 in 2020. Its count has swung before, from 180 in 2023 to 253 in 2024.
Its typical rate was 6.62%, against 6.75% at peers, lower than at about seven in ten of them, and none of its loans were higher-priced (a rate well above the average for similar loans). Memphis is its largest market, but it lent in 15 states, and in 2025 it entered Kingsport-Bristol, where it ranks 66 of 324 lenders.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Financial Federal Bank took 222 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 50.3% · Purchase 49.7%
Conventional 98.0% · VA 1.5% · FHA 0.5% · of 197 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Tennessee | 176 | 89.3% |
| Mississippi | 3 | 1.5% |
| Texas | 3 | 1.5% |
| Arkansas | 2 | 1.0% |
| Florida | 2 | 1.0% |
| Georgia | 2 | 1.0% |
| Alabama | 1 | 0.5% |
| Idaho | 1 | 0.5% |
| Kentucky | 1 | 0.5% |
| Maryland | 1 | 0.5% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Memphis | 172 |
| Kingsport-Bristol | 2 |
| Asheville | 1 |
| Atlanta-Sandy Springs-Roswell | 1 |
| Baltimore-Columbia-Towson | 1 |
| Cincinnati | 1 |
| Clarksville | 1 |
| Columbus | 1 |
| Crestview-Fort Walton Beach-Destin | 1 |
| Daphne-Fairhope-Foley | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300BEXTNMA3CARO05 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 590976 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 47523 | 1990–2010 |
| Respondent ID (the HMDA filer code before 2018) | 1707523 | 2011–2011 |
| Respondent ID (the HMDA filer code before 2018) | 2590976 | 2012–2017 |
Established 1 January 1973. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Financial Federal Bank's data.
Financial Federal Bank's data
$215
Financial Federal Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Financial Federal Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]