Lawrenceburg Office
Locations:
1501 North Locust Avenue
Lawrenceburg, TN, 38464
Phone: (931) 762-6490
Fax: (931) 762-1654
Lobby Hours:
Mon-Thur: 8:30am – 4pm
Fri: 8:30am – 5pm
Sat-Sun: Closed
Drive-Through Hours:
Mon-Thur: 7:30am – 4pm
Fri: 7:30am – 5pm
Sat: 8am – Noon
Sun: Closed
Personal Banking Services
- Checking Accounts
- Savings Accounts
- Personal Loans
- Mortgage Loans
- Home Equity Loans
- Credit Cards
- Online and Mobile Banking
- Investment Services (upon request)
- Certificate of Deposit
Business Banking Services
- Business Loans
- SBA Lending
- Business Checking Accounts
- Business Credit Cards
- Online and Mobile Banking
Personal Banking FAQs
What types of checking and savings accounts do you offer?
First Farmers offers checking and savings account options designed to support a variety of financial goals, life stages, and banking habits. Our offerings range from everyday and student checking accounts to savings solutions intended to help customers build toward future financial goals. Because every customer’s needs are different, our banking team works closely with customers throughout Lawrenceburg and surrounding areas to help select the right account.
How do I choose the right checking account for my needs?
The right checking account depends on how you manage your money, including spending habits, deposits, bill payments, and account balances. We offer checking account options designed to support different financial needs while helping minimize fees and provide convenient access to services. Our team is always available to help compare options and answer questions.
What’s the difference between a checking account and a savings account?
A checking account is designed for day-to-day financial activity, such as purchases and bill payments. While a savings account allows you to set aside money and earn interest over time. Using both accounts together can support better financial organization and long-term planning. We encourage customers to maintain both for everyday needs and future savings goals.
Is online and mobile banking secure?
Yes. Online and mobile banking are secure when you follow recommended security practices, including strong passwords and multi-factor authentication. At First Farmers, we also use encryption and ongoing monitoring tools to help protect customer information and accounts.
What should I do if I think there’s fraud on my debit or credit card?
Contact First Farmers immediately if you believe fraudulent activity has occurred. Prompt reporting allows us to block the card and issue a replacement if necessary. We also recommend reviewing recent transactions, updating your online banking password, and enabling account alerts to help detect and prevent suspicious activity moving forward.
What’s the difference between a personal loan and a line of credit?
A personal loan provides a lump sum with fixed repayment terms, making it a strong option for planned expenses or debt consolidation. A line of credit provides ongoing access to funds up to an approved limit, allowing you to borrow and repay as needed. At First Farmers, our team works with you to determine which option best fits your financial goals and borrowing needs.
How can I improve my chances of getting approved for a loan?
Our lenders look at several key factors, including credit history, debt-to-income ratio, income, and overall financial stability. Improving your credit profile and reducing outstanding debt can help strengthen your application. Our lenders are available to answer questions and help you better prepare for borrowing.
What is a home equity line of credit (HELOC), and when might it be a good option?
A home equity line of credit allows you to borrow against the available equity in your home while maintaining flexible access to funds during the draw period. HELOCs are commonly used for renovations, education expenses, debt consolidation, and other larger financial needs. At First Farmers, our lenders work with homeowners in Lawrenceburg and surrounding areas to evaluate whether a HELOC aligns with their financial goals and long-term plans.
How do I decide between a debit card and a credit card for everyday purchases?
Debit cards provide direct access to funds in your checking account, helping support budgeting and day-to-day spending control. Credit cards can offer added benefits such as rewards and purchase protections when balances are managed responsibly. At First Farmers, we encourage customers in Lawrenceburg and surrounding areas to use both options thoughtfully based on their spending habits and financial goals.
Business Banking FAQs
What business banking services do you offer?
First Farmers offers a full range of business banking services designed to support businesses at every stage of growth. Our services include business checking and savings accounts, certificates of deposit (CDs), lending solutions including SBA loans, treasury and cash management services, business credit cards, and secure online and mobile banking. We also provide retirement and investment resources to help business owners and their families plan for the future. Supported by local decision-making and personalized service, our business banking team works closely with you to provide solutions tailored to your operational and financial needs.
How do I choose the right business checking account?
Choosing the right business checking account starts with evaluating how your business manages transactions, deposits, and cash flow. Factors such as transaction volume, ACH activity, wires, and bill pay usage can all help determine which account is the best fit. We offer business checking options designed to support a variety of activity levels and operational needs. Our business banking team is available to review your needs and help identify the account that best supports your business goals.
What’s the difference between business savings and a business CD?
Business savings accounts and business CDs serve different roles in managing your company’s finances. A business savings account offers flexibility and allows businesses to access funds as needed while earning interest. A business CD is a fixed-term savings option intended for funds you do not need immediate access to and may offer a more competitive interest rate. At First Farmers, our business banking team can help businesses in Lawrenceburg and nearby communities evaluate their cash flow needs and determine how to balance accessibility with long-term growth.
What types of business loans are available?
First Farmers offers a variety of business loan options designed to support businesses through every stage of growth. These include term loans for planned investments, lines of credit for managing cash flow and working capital, commercial real estate loans, equipment financing, and SBA lending solutions for qualifying businesses. Our experienced business bankers work closely with you to understand your operational goals and recommend financing solutions that align with your long-term plans.
What’s the difference between a business term loan and a line of credit?
A business term loan provides a one-time lump sum that is repaid over a structured repayment period, making it a strong option for planned purchases, expansions, or equipment investments. A business line of credit offers flexible access to funds up to an approved limit, allowing businesses to borrow, repay, and borrow again as needed. At First Farmers, our business bankers help businesses throughout Lawrenceburg and surrounding areas determine which financing solution best supports their operational needs and financial goals.
What is Treasury Management, and do I really need it?
Treasury Management refers to a suite of financial tools and services designed to help businesses manage cash flow, streamline collections and payments, and reduce financial risk. First Farmers’ Treasury Management solutions help improve visibility into account activity, increase efficiency, and add controls to help protect against fraud. These services can become increasingly valuable as operations grow and transaction activity becomes more complex. Our Treasury Management team works with you to recommend solutions tailored to your business needs.
What fraud-prevention tools are available for businesses?
First Farmers offers fraud-prevention tools designed to help businesses monitor account activity, manage transactions, and reduce financial risk. These solutions include ACH and check controls, payment approvals, account monitoring, and reporting tools that improve visibility into how money moves through your business. Our team works closely with businesses to recommend tools that help protect operations while maintaining efficiency.
What can I do with Business Online & Mobile Banking?
First Farmers’ Business Online and Mobile Banking allows businesses to securely manage finances from a computer, tablet, or smartphone. These digital banking tools provide access to account information, transaction activity, bill pay, and cash flow monitoring so businesses can complete everyday banking tasks anytime and anywhere. Designed to support busy business owners, our online banking solutions provide convenience and control while still backed by local support from our team, serving Lawrenceburg and surrounding communities.
Do you offer retirement and investment support for business owners?
Yes. First Farmers offers retirement and investment services for business owners through our Wealth Management and Trust Department. Business owners can work with our experienced team on retirement planning, investment management, trust services, and long-term financial strategies designed to support both business and personal financial goals for the future.
