About Franklin Financial Network
Franklin Financial Network is a Financial Services company based in Franklin (United States) founded in 2007, and was acquired by FirstBank in January 2020. Retail and business banking services are offered to local communities. Franklin Financial Network has completed 2 acquisitions, including Civic Bank & Trust and Midsouthbanking. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
Franklin Financial Network was established in 2007 as a community bank focused on retail and business sectors. Operations are centered in Franklin, United States, where deposit accounts, loans, and financial services are provided to individual and commercial clients. The banks domain, franklinsynergybank.com, supports online access to these offerings. Emphasis is placed on community-oriented banking within the regional financial landscape, serving everyday and enterprise needs without broader national expansion.
- Headquarters Franklin, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website franklinsynergybank.com
- Social LinkedIn X Facebook
- Acquired by Civic Bank & Trust (Dec 2015)
- Latest Funding Round$20M (USD), Debt – Conventional
Jul 2016
- InvestorsFirstBank
& 1 more
- Investments & AcquisitionsCivic Bank & Trust
& 1 more
- Acquired by
Funding Insights of Franklin Financial Network
- Total Rounds 4
- Last Round Debt – Conventional — $20M
- First Round $125M
(Jun 2013)
All 4 funding rounds of Franklin Financial Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $20M | Debt – Conventional | – | – | – |
| Mar 2016 | $40M | Debt – Conventional | – | – | – |
| Oct 2013 | $15M | Post-IPO | – | – | – |
| Jun 2013 | $125M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in Franklin Financial Network
Franklin Financial Network has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FirstBank and Civic Bank & Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
FirstBank is recognized as a community-focused banking institution. | 1906 | firstbankonline.com | Nashville, United States | |
Commercial banking services are provided in Nashville, United States. | 2005 | civicbanktn.com | Nashville, United States |
Investor details for Franklin Financial Network
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Investments & Acquisitions by Franklin Financial Network
Franklin Financial Network has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Civic Bank & Trust and Midsouthbanking.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial banking services are provided in Nashville, United States. | civicbanktn.com | Nashville, United States | 2005 | Dec 2015 | $29.7M | |
Commercial banking services are provided to businesses and individuals. | midsouthbanking.com | Murfreesboro, United States | 1962 | Jul 2014 | •••• |
Complete acquisition details for Franklin Financial Network
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Timeline of Franklin Financial Network
8 dated milestones of Franklin Financial Network across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Franklin Financial Network is founded.
- Funding First funding round of $125.0M.
- Acquisition Acquires Midsouthbanking.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Civic Bank & Trust.
- Exit Acquired by Civic Bank & Trust.
- Funding Latest funding round, Debt – Conventional, of $20.0M.
- Exit Acquired by FirstBank.
Competitors of Franklin Financial Network
Franklin Financial Network has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of Franklin Financial Network
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Web traffic of Franklin Financial Network
Websites that share an audience with Franklin Financial Network (franklinsynergybank.com).
Websites whose visitors overlap most with Franklin Financial Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| reliantbank.com | 100% | View details | |||
banksynergy.com | banksynergy.com | 96% | #8,244,226 | – | |
first-state.net | first-state.net | 73% | – | ||
| synergybank.com | 73% | 11.1K | #1,976,092 | View details | |
www5.homecu.net | www5.homecu.net | 72% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Franklin Financial Network
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- Audience overlap
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Frequently Asked Questions about Franklin Financial Network
Franklin Financial Network was founded in 2007 and raised its 1st funding round 6 years after it was founded.
Franklin Financial Network is headquartered in Franklin, United States.
Franklin Financial Network was established in 2007 as a community bank focused on retail and business sectors. Operations are centered in Franklin, United States, where deposit accounts, loans, and financial services are provided to individual and commercial clients. The banks domain, franklinsynergybank.com, supports online access to these offerings. Emphasis is placed on community-oriented banking within the regional financial landscape, serving everyday and enterprise needs without broader national expansion.
Franklin Financial Network's top competitors include Truist, Citi and Equity Bank.
Franklin Financial Network has made 2 acquisitions, including Civic Bank & Trust, and Midsouthbanking.
Franklin Financial Network has 2 investors. Key investors include FirstBank, and Civic Bank & Trust.
Yes. Franklin Financial Network was acquired by Civic Bank & Trust in December 2015.