First Horizon Bank


Overview / Commentary
901-523-4883
165 Madison Avenue
Memphis, TN 38103

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.

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

Posted by: |

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.

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Health

Health Grade Components

Overall
FDIC Certificate #4977
Year Established1864
Employees8014
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.6%
Return on Equity - YTD14.62%
Annual Interest Income$1.33B
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$82.69B$43.53B
LoansQ3 2020vs Q3 2019$59.77B$31.62B
DepositsQ3 2020vs Q3 2019$69.86B$32.31B
Equity CapitalQ3 2020vs Q3 2019$8.21B$5.26B
Loan Loss AllowanceQ3 2020vs Q3 2019$988.1MM$192.2MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$461.7MM$194.6MM
Real Estate OwnedQ3 2020vs Q3 2019$19.7MM$20.2MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not First Horizon Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Horizon Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Traditional Savings

First Horizon Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$250k*-Money Market Savings
OTHER TIERS: 0.01% Up to $25k | 0.02% $25k - $50k | 0.03% $50k - $100k | 0.05% $100k - $250k

First Horizon Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$1k-12 Month CD
0.25%$1k-180 Day CD
0.25%$1k-270 Day CD
0.25%$1k-24 Month CD
0.25%$1k-36 Month CD
0.25%$1k-48 Month CD
0.25%$1k-60 Month CD
0.06%*$25k*-180 Day Add On CD
OTHER TIERS: 0.02% Up to $25k
0.02%$1k-30 Day CD
0.02%$1k-60 Day CD
0.02%$1k-90 Day CD
Locations

Availability

Memphis Area

Interactive local rates map


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