Landmark Community Bank logo

Landmark Community Bank in Memphis, TN

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Landmark Community Bank was a Tennessee-based community bank acquired by Simmons First National Corporation in 2021, offering locally-focused banking services with emphasis on credit culture and community involvement.

Data compiled from public sources

Landmark Community Bank Review

Landmark Community Bank was based in Collierville, Tennessee, and operated as an independent community bank prior to its acquisition by Simmons First National Corporation, which was announced on June 7, 2021. The bank maintained a philosophy centered on strong credit culture, significant community involvement, and customer service excellence. Under the leadership of James "Jake" Farrell (chairman, president, and CEO), Landmark positioned itself as a locally-focused institution serving its regional market.

Landmark offered traditional community banking services including consumer and commercial banking products. The bank maintained local decision-making and community engagement as core operational principles. Following the acquisition agreement, Landmark customers gained access to Simmons' broader array of consumer and commercial products, along with Simmons' leading-edge digital banking capabilities.

Landmark distinguished itself through its commitment to local community banking despite being acquired by a larger regional institution. The bank's leadership emphasized that joining Simmons would allow them to strengthen and expand their business while continuing to provide locally-focused banking services. Simmons valued Landmark specifically for cultural alignment around credit quality and community involvement, describing it as a "successful, local community bank.

3 million (based on June 4, 2021 stock prices). Consumers seeking to profile or evaluate Landmark should understand that the institution has been integrated into Simmons' operations, and any current banking relationships would be through Simmons Bank rather than under the Landmark brand.

Services & Features

Commercial banking products
Community-focused financial services
Consumer banking products
Deposit accounts (through post-acquisition Simmons integration)
Digital banking capabilities (post-acquisition access to Simmons platform)
Lending services emphasizing strong credit standards
Local branch banking in Collierville and Memphis markets

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Strong credit culture and underwriting standards emphasized by both Landmark and acquiring institution Simmons
  • Commitment to significant community involvement and local decision-making
  • Access to Simmons' broader array of consumer and commercial banking products post-acquisition
  • Leading-edge digital banking capabilities available through parent company Simmons
  • Local branch presence in Collierville and Memphis area markets
  • Management team with demonstrated banking experience context (Jake Farrell served as chairman, president, and CEO)

Cons

  • No longer operates as independent bank—ceased to exist as separate entity following 2021 acquisition by Simmons
  • Limited information available about specific product offerings, rates, or fees from the source material
  • Original Landmark brand and local identity were absorbed into larger Simmons organization
  • Customers of the acquired bank would need to transition to Simmons' systems and processes

State Consumer Finance Context

This is state-level context for Banks consumers in Memphis, TN. It does not confirm that Landmark Community Bank or this specific location is licensed.

State regulator

Tennessee Department of Financial Institutions

Key state rules to check

  • Payday loans (deferred presentment) capped at $500 with maximum fee of 15% of the advance.
  • Maximum loan term is 31 days.
  • Borrowers limited to two outstanding payday loans at a time.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does Landmark Community Bank offer?

Landmark Community Bank offers 7 services including Consumer banking products, Commercial banking products, Deposit accounts (through post-acquisition Simmons integration), Lending services emphasizing strong credit standards, Community-focused financial services, and 2 more.

What profile signals are listed for Landmark Community Bank?

Landmark Community Bank has profile signals associated with Historical analysis of Tennessee banking market consolidation and M&A activity, Researchers studying community bank acquisition patterns in the Southeast, Understanding pre-2021 Collierville, Tennessee banking landscape.

What are the strengths and weaknesses of Landmark Community Bank?

Key strengths: Strong credit culture and underwriting standards emphasized by both Landmark and acquiring institution Simmons; Commitment to significant community involvement and local decision-making; Access to Simmons' broader array of consumer and commercial banking products post-acquisition. Areas to consider: No longer operates as independent bank—ceased to exist as separate entity following 2021 acquisition by Simmons; Limited information available about specific product offerings, rates, or fees from the source material.

How does Landmark Community Bank compare to similar companies?

In the Banks category, comparable providers include AAA Cash Fast, Cash in Demand, Community Bank. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
1000 Ridgeway Loop Rd, Memphis, TN 38120
BBB Accredited
No
Visit Landmark Community Bank

CreditDoc Profile Note

Research Note on Landmark Community Bank

Landmark Community Bank is not currently operational as a standalone entity and has not been since its acquisition by Simmons First National Corporation in 2021. This profile is primarily of historical significance for understanding Tennessee banking consolidation. Current consumers should interact with Simmons Bank, the acquiring institution, rather than seeking Landmark-branded services.

Profile Signals

  • Historical analysis of Tennessee banking market consolidation and M&A activity
  • Researchers studying community bank acquisition patterns in the Southeast
  • Understanding pre-2021 Collierville, Tennessee banking landscape
Updated 2026-05-08

Similar Companies

AAA Cash Fast logo

AAA Cash Fast

AAA Northeast is a membership organization offering roadside assistance, travel services, insurance, and banking products including auto loans, mortgages, and credit cards to members in six northeastern states.

BBB: NR

Profile signals: Existing AAA members in Connecticut, Massachusetts, New Jersey, New York, Rhode Island, or New Hampshire seeking consolidated financial and automotive services, Vehicle buyers looking to combine auto loans with AAA's car buying program and approved repair network

Cash in Demand logo

Cash in Demand

Cash App is a mobile financial platform offering peer-to-peer payments, debit cards, savings accounts, and borrowing tools with no monthly fees.

BBB: NR

Profile signals: Young, mobile-first consumers comfortable managing finances entirely through an app, Freelancers and gig workers needing instant peer-to-peer payment capabilities and early paycheck access

Community Bank logo

Community Bank

Memphis, TN is home to Community Bank's branch at 6525 N Quail Hollow Rd, Suite 107, which is open Mon-Fri 9AM-4PM.

BBB: NR

Profile signals: Customers seeking traditional banking with physical branch access and local relationship-based service, Small business owners and entrepreneurs needing comprehensive business banking solutions

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Quick Summary

  • Landmark Community Bank is listed as a Banks provider in Memphis, TN on CreditDoc.
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