THE PRIVILEGE OF BEING ABLE TO HAVE DREAMS, IDEAS AND GOALS COME TO FRUITION, IS THE CORE OF WHAT WE ARE ABLE TO EXPERIENCE BECAUSE OF THE FREEDOMS THAT ARE OURS IN AMERICA.

- Denise Burnett Stewart

SMALL BUSINESS DRIVES THE AMERICAN ECONOMY. IT THRIVES AND SURVIVES NO MATTER WHAT MAY BE GOING ON IN THE MAIN ECONOMY.

- Dick Gadomski

UNLESS WE PROMOTE ENTREPRENEURSHIP, WE WILL NOT HAVE AN EXCITING BUSINESS ATMOSPHERE IN OUR COUNTRY.

- Allen B. Morgan, Jr.

Kent Wunderlich

Financial Federal Bank
Chief Executive Officer

Wunderlich obtained his undergraduate degree from the University of Virginia with a BS in Commerce. He obtained his Juris Doctorate from Memphis State University (now the University of Memphis) Law School where he was a member of the Law Review. He joined Baker Donelson and became a partner in the commercial real estate section of the law firm. After leaving Baker, he joined what is now Financial Federal Bank, a Memphis based community bank formed in 1985. Wunderlich is now the Chairman of the Board, Chief Executive Officer and General Counsel for Financial Federal Bank. Wunderlich joined the bank in 1987 upon acquiring stock from some of the original shareholders. The business has been consistently profitable with current assets of $650,000,000. Financial Federal Bank is one of the very few Memphis banks that did not take TARP money from the government during the financial crisis of 2008. Starting with only $2 million in paid-in-capital, the Bank now has a book equity of approximately $80 million. The Bank enjoys one of the highest return-on-assets in the industry and is known for its quality customer service and customized banking solutions. Borrowers and depositors view Kent and the bank as great partners, known especially for their customer service and ease of use.

Wunderlich has been a Board member of the Shelby Farms Park Conservancy since 2012. He has been the Treasurer, Chairman of the Finance Committee, and a member of the Executive Committee. He is a current Board member and a member of the Development Committee. He served on the Memphis University School Board of Trustees for more than 20 years, including 9 years as Chairman. He has lent his talents to boards of charitable organizations in the greater Memphis community including the Boys and Girls Club of Memphis, Neighborhood Housing Opportunities Inc., and the Nature Conservancy of Tennessee.

Description of Business:

Financial Federal Bank is a TN state chartered bank with assets
of $650 million. Financial Federal is a full service bank headquartered in Memphis with
60 employees located at the main branch.

Year Business Founded:

1987

Year Inducted:

2020

Thoughts on Entrepreneurship:

“Being a relatively small bank, it’s very satisfying to see small businesses start in our community. Even though they are often undercapitalized, it is exciting to work with businesses that are beginning and trying to grow and to see them succeed. Entrepreneurs are the reason for this type of growth and without their efforts the community would not see the growth of certain businesses and job growth.