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Landmark Community Bank in Memphis, TN

3.9/5

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 · Rating from CreditDoc methodology

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 expertise (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

Rating Breakdown

Value
5.0
Effectiveness
3.5
Customer Service
3.7
Transparency
3.5
Ease of Use
3.9

Frequently Asked Questions

Is Landmark Community Bank legitimate?

Yes. Landmark Community Bank is a registered company, headquartered in 1000 Ridgeway Loop Rd, Memphis, TN 38120.

Quick Facts

Headquarters
1000 Ridgeway Loop Rd, Memphis, TN 38120
BBB Accredited
No
Starting Price
Contact provider
Setup Fee
None
Money-Back Guarantee
No
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CreditDoc Diagnosis

Doctor's Verdict 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.

Best For

  • 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 2026-04-29

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