First Horizon Bank is headquartered in Memphis and is the largest bank in the state of Tennessee. It is also the 38th largest bank in the nation. It was established in 1864 and as of September of 2020, it had grown to 8,014 employees at 471 locations. First Horizon Bank has an A health rating.
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2/13 - First Tennessee Bank Promotes Money Market Introductory Rates
8/10 - $150 Bonus For Checking Account And Direct Deposit
1/24/15 - First Tennessee Bank Offers $151 Checking Account Bonus Promotion
1/19/15 - First Tennessee Bank Extends Checking Accounts Promo Bonuses
11/12/14 - First Tennessee Bank Offers $100 Bonus On Money Market Savings
8/20/14 - First Tennessee Bank Is Offering 3 Different Checking Account Promos
5/29/14 - First Tennessee Buying 13 Branches From Bank Of America
8/10/12 - $150 Checking Account Bonus - Today Only (8/10/2012)
11/3/11 - Up To $300 Bonus For Checking And Savings Account At First Tennessee Bank
10/12/11 - $200 Checking & Money Market Bonus at First Tennessee Bank - TN Only
5/2/11 - $180 Checking & Money Market Account Bonus at First Tennessee Bank - Local Only
8/30/10 - $250 Checking & Money Market Account Bonus at First Tennessee Bank - Local Only
3/20/10 - $200 Bonus for Opening Checking and Savings Accounts at First Tennessee Bank - Local Only
11/4/09 - $150 Checking Account Bonus at First Tennessee Bank - Local Only
8/21/08 - 4.00% Savings Account for 6 Months at First Tennessee Bank
8/23/07 - $100 Checking Account Bonus at First Tennessee Bank (No Direct Deposit Needed)
The Best Bank In Tennessee
First Tennessee is awesome. They are banking Angels, it seems like they are always looking out for me and my banking short comings
A very good local bank
I opened one of my very first bank accounts at First Tennessee, and continued to bank with them for about five years. They were a great bank to work with, I didn't have to pay any monthly fees, because I was a student. They had convenient locations all over the area where I lived and always had the friendliest staff. One time I accidentally over drew my account, and was hit with a thirty dollar fee, and I went in to ask about it, and they removed it, right away, and told me I just needed to be careful. I really enjoyed my experience banking with them, and only ended up moving bank accounts because I was going to spend a year traveling and needed to have an account with a bank that had more locations across the U.S. that I could easily access. It was when I switched to one of the national brand banks that I really came to a full appreciation of just how good First Tennessee was.
NOT SECURE
First Horizon allowed money to be removed from our account from an EXPIRED DEBIT CARD!!!! When pressed about the situation, we were only returned $40. They refuse to make this right. If you want your money in a NON SECURED ACCOUNT, First Horizon is the bank for you.
RIP Suntrust
Imagine living in relative peace your entire life and then one morning waking up to some sort of muscled werebeast with nazi prison tattoos twisting your nut sack well past 360° several times over while sh*tty nu-metal blasts from all corners of the room, the community in which you lived now replaced with a fiery hellscape devoid of hope or love. That was what the merger with Suntrust and First Horizon was like.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4977 |
| Year Established | 1864 |
| Employees | 8014 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.6% |
| Return on Equity - YTD | 14.62% |
| Annual Interest Income | $1.33B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $82.69B$43.53B |
| Loans | Q3 2020vs Q3 2019 | $59.77B$31.62B |
| Deposits | Q3 2020vs Q3 2019 | $69.86B$32.31B |
| Equity Capital | Q3 2020vs Q3 2019 | $8.21B$5.26B |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $988.1MM$192.2MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $461.7MM$194.6MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $19.7MM$20.2MM |
