First Horizon Bank is headquartered in Memphis and is the largest bank in the state of Tennessee. It is also the 50th largest bank in the nation. It was established in 1864 and as of June of 2020, it had grown to 4,945 employees at 279 locations. First Horizon Bank has an A+ health rating.
Related Posts
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.
A Scam Bank
I made a wire transfer back in February 2020.
I was notified in March that the wire could not go through as it might be a scam. Citibank refused to allow it to go through. So would I like my money back? Yes!
They called in April to confirm they were still working on it, they hadn't forgotten me.
In May they ask me to report the undeliverable money to the police as it was a scam. I said ok, who do I report being the scammer? First horizon or citibank?
They said they would get back to me.
In July they changed their story saying money was delivered even though citibank said it wasn't.
Please note, they agreed they told me all this but placed the blame on the employee who gave me said information. They not only failed the customer but failed their employee as well by blaming their mistake on the employee!
If you do banking with them you deserve the poor service you will get!
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4977 |
| Year Established | 1864 |
| Employees | 4945 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.45% |
| Return on Equity - YTD | 3.86% |
| Annual Interest Income | $727.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $48.47B$41.99B |
| Loans | Q2 2020vs Q2 2019 | $32.92B$29.97B |
| Deposits | Q2 2020vs Q2 2019 | $39.03B$32.69B |
| Equity Capital | Q2 2020vs Q2 2019 | $5.38B$5.17B |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $537.9MM$191.8MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $242.3MM$228.0MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $15.1MM$19.3MM |
