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Community Development Banking Jobs in Tennessee (NOW HIRING)

First US Bank

Banking Center Manager

Knoxville, TN · On-site

Represent First US Bank in community organizations and activities to increase the bank's outreach and foster relationships for future business development opportunities; Generate new banking ...

First US Bank

Banking Center Manager

Knoxville, TN · On-site

Represent First US Bank in community organizations and activities to increase the bank's outreach and foster relationships for future business development opportunities; Generate new banking ...

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Community Development Banking information

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$32.2K

$69.1K

$107.6K

How much do community development banking jobs pay per year?

As of Jul 21, 2026, the average yearly pay for community development banking in Tennessee is $69,135.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,100.00 and $83,000.00 per year, depending on experience, location, and employer.

What does a community banking officer do?

A community banking officer manages relationships with local clients and businesses, providing financial services such as loans, deposits, and financial advice. They assess customer needs, promote banking products, and ensure compliance with banking regulations, often working closely with community organizations. Strong communication skills and knowledge of local markets are essential for this role.

What jobs can you do with community development?

Community development offers roles such as community development officer, urban planner, housing coordinator, and economic development specialist. These jobs typically involve project management, stakeholder engagement, and knowledge of local policies, often requiring skills in communication, planning, and community outreach.

What are the key skills and qualifications needed to thrive in the Community Development Banking position, and why are they important?

To thrive in Community Development Banking, you need a background in finance, knowledge of community reinvestment laws, and experience with lending or credit analysis, often supported by a bachelor's degree in finance, economics, or a related field. Familiarity with loan origination systems, credit risk assessment tools, and Community Reinvestment Act (CRA) compliance software is typically required. Strong relationship-building, interpersonal communication, and problem-solving skills help individuals stand out in this field. These skills are crucial for effectively supporting under-served communities while managing financial risk and ensuring regulatory compliance.

What is a Community Development Banking job?

A Community Development Banking job focuses on providing financial services and investment to underserved communities, promoting economic growth and stability. Professionals in this field work with local businesses, nonprofits, and government agencies to support affordable housing, small business development, and community revitalization efforts. They help structure loans, grants, and other financial products tailored to meet the unique needs of low-income communities. Their goal is to increase financial inclusion and foster long-term economic sustainability.

What is a community development banker?

A community development banker is a financial professional who works for banks or financial institutions to support economic growth in underserved communities. They evaluate and structure loans, grants, and investments to promote affordable housing, small business development, and community revitalization, often requiring knowledge of local needs and regulatory compliance.

What are the primary responsibilities of a Community Development Banking professional on a day-to-day basis?

Community Development Banking professionals typically work with local organizations, small businesses, and individuals to structure loans and financial solutions that support community revitalization and economic growth. Their day-to-day tasks may include evaluating loan applications, conducting outreach to identify development opportunities, and ensuring compliance with relevant regulations such as the CRA. They often collaborate with internal credit teams, nonprofit partners, and government agencies to advance community-focused projects. This role offers a dynamic mix of client interaction, financial analysis, and impact-driven work aimed at making a positive difference in the communities served.

What is the highest paying job in the banking industry?

In community development banking, executive roles such as Chief Executive Officer (CEO) or Chief Financial Officer (CFO) tend to be the highest paid, often earning six-figure salaries plus bonuses. These positions require extensive experience, leadership skills, and often advanced degrees or certifications like CPA or CFA.
What are popular job titles related to Community Development Banking jobs in Tennessee? For Community Development Banking jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Community Development Banking jobs in Tennessee look for? The top searched job categories for Community Development Banking jobs in Tennessee are:
What cities in Tennessee are hiring for Community Development Banking jobs? Cities in Tennessee with the most Community Development Banking job openings:
Community Development Banking jobs near you
Infographic showing various Community Development Banking job openings in Tennessee as of July 2026, with employment types broken down into 1% As Needed, 86% Full Time, 8% Part Time, 1% Temporary, and 4% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $69,135 per year, or $33.2 per hour.
CRA Community Development Manager

CRA Community Development Manager

First Horizon Bank

Memphis, TN

Full-time

Medical, Dental, Vision, Retirement

Re-posted yesterday

First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

34th of 149 rated banks

Job description

Location: On site at location listed in job posting.

Summary

The Community Development Manager (“CDM”) functions as a liaison between the bank and the community, focused on leading and coordinating First Horizon’s compliance with the Community Reinvestment Act (CRA). In this role, CDMs are their markets’ regional CRA experts and are responsible for promoting the bank’s programs and initiatives to increase the Bank’s community development efforts in their regions. CDMs forge partnerships with community organizations to help drive financial empowerment programming and support the bank’s CRA offerings, focusing on those activities that contribute to the bank’s CRA goals consistent with the Bank’s CRA strategy, plan and overall performance.

Responsibilities

  • Serves as local subject matter expert for all market CRA activity.
  • Collaborates with market leadership and business unit management to drive Community Reinvestment Act (CRA) performance in their respective regions and assessment areas as it pertains to Community Development Lending, Investment and Service opportunities and performance as well as referrals.
  • Establishes and communicates market CRA strategy in collaboration with mortgage, consumer and commercial business line leaders to ensure key performance targets are achieved.
  • Leads annual market strategic planning sessions utilizing data analysis, market intelligence, CRA performance metrics and charitable giving to ensure the establishment of CRA market objectives and minimum percentage goals for CRA spend with the bank Foundation grants.
  • Analyzes comprehensive CRA market performance, using results to develop strategic initiatives with market leadership, keeping them informed of gaps to goals and methods to drive CRA performance.  This may include review of local and regional conditions that are hindering performance. 
  • Implements comprehensive outreach and engagement plans with key community nonprofits to promote FHN’s commitment to community and strengthen partnerships, drive collaboration, and generate referrals.
  • In addition to serving on committees and boards, the CDM engages managers and market liaisons to serve on Boards of CRA-qualified nonprofits and to execute financial empowerment initiatives such as VITA, mentoring programs, first-time homebuyer counseling, and money management programs by championing the bank’s Operation Hope offerings.
  • Identifies, coordinates, and implements volunteer activities in local markets to increase CRA-qualified service hours.
  • Works with CRA market liaisons, market presidents and PR/marketing team to ensure that all CRA qualifying activities are properly logged into Kadince, including CRA qualifying rationale and supporting documentation.  
  • Conducts CRA needs assessment analysis in the market, including research of economic market considerations, community conditions, peer banks, available government programs and subsidies, impact opportunities, and an understanding the context within the community and the bank.
  • Prepares and submits examination-ready Self-Assessments, including Performance Context, in coordination with the bank’s CRA Exam Manager.
  • Leads CRA Market Council meetings, in coordination with local market leadership, twice a year.
  • CRA Loan Referrals: refer potential community development loans to the commercial real estate area and residential mortgage loans to the Mortgage Loan Officers.
  • Connect DEI & ESG to CRA qualified nonprofit and community organizations to support their program efforts.
  • Builds strong network and positive reputation with local government and key advocacy groups in the market.

Qualifications:

  • Bachelor (four-year college) degree and minimum of five years of CRA department experience required.  
  • Documented experience in building collaboration and partnerships: building and maintaining strong partnerships with various community organizations, local businesses, government agencies, and non-profit entities.
  • Excellent communication skills, empathy, cultural sensitivity, and the ability to work collaboratively with diverse groups of people.
  • A Community Development Manager builds trust and rapport within the community which is essential to successfully implement meaningful and sustainable development initiatives.

About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com. 

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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