United States · Banking startup

Thread Bank

Thread Bank is a community bank founded in 1906 in Rogersville, Tennessee.

Funding reportedLast round: Venture (Round not Specified)

BankingBrentwood, United States

About Thread Bank

Thread Bank is a community bank founded in 1906 in Rogersville, Tennessee.

It combines traditional banking with modern financial technology to serve individuals and businesses across the nation. As an FDIC-insured institution, Thread Bank operates as a subsidiary of Thread Bancorp Inc. and is classified as a state-chartered commercial bank. The bank offers a range of services, including personal and business deposit accounts, flexible loan products, and digital banking solutions. Local residents in Eastern Tennessee can access community banking services through two branches, while national users benefit from embedded banking services, particularly through partnerships like Relay Financial. Thread Bank emphasizes a digital-first experience, providing mobile apps designed to simplify transactions and enhance financial management for its customers.

What company datasets say Thread Bank raised

Funding, as reported

Reported in all$83Min dollars
Last roundVenture (Round not Specified)
Last round size$28M
Last round dateNov 2025

Founders and team

From Thread Bank's own website: 13 on the team.

  • Chris BlackChief Executive Officer, President and Director
  • Bob DiegelChief Operations Officer
  • John BeardenChief Banking Officer
  • Marty MiracleChief Digital Officer & Chief Risk Officer
  • Mike FarrellChief Financial Officer
  • Terry HooverChief Audit & Assurance Officer
  • Bud WattsDirector
  • Dan ChangGeneral Counsel
  • Gene DibbleDirector
  • Joe MaxwellChairman
  • John PhilpottDirector
  • Kirk WycoffDirector
  • Sarah BillerDirector

On a portfolio page

Investors who name them

Each firm lists Thread Bank on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

consumerscustomer engagementinformation technology & servicescommercial bankingfinancial servicesfinanceapi integrationmobile depositsfdic insured depositspayment processingb2cfintechembedded bankingaccount managementcard creationbanking as a service

Built with from their website

Google SheetsSalesforce CRM AnalyticsPositLinkedIn AdsAteraBox.netHubspotExcel4AppsAWS AnalyticsAmazon S3

+8 more

OpenAIArctic WolfAIAct!Google Cloud Machine Learning EngineMicrosoft ExchangeSalesforceMicrosoft 365 Apps & Services

Sector
Banking
Industry code
NAICS 522110, SIC 6021, 6022
Region
Tennessee

Banking in United States

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