Deposits in Memphis banks soar 23% from a year ago

By , Special to the Daily Memphian Updated: October 02, 2020 4:00 AM CT | Published: October 02, 2020 4:00 AM CT

Federal Paycheck Protection Program and a flight to cash cited as reasons for dramatic increase in local bank deposits. 

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Topics

Triumph Bank Pinnacle Financial Partners BancorpSouth Bank FDIC

Christin Yates

Christin Yates is a native Memphian who has worked in PR and copywriting since 2007. She earned her B.S. in public relations and M.S. in mass communications from Murray State University.


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