|
| |
|
| |
Public Company
|
| |
All Things Financial
|
| |
1864
|
| |
Memphis , Tennessee , USA
|
| |
'''Ken Glass''', Chief Executive Officer <br /> '''James F Keen''', Principal Accounting Officer <br /> '''Marlin L Mosby III''' Chief Financial Officer <br /> '''Gerald L Baker''' Exec VP, Pres of First Horizon Financial Services and Exec VP of First Horizon National Corporation<br /> '''Charles G Burkett''' Exec VP, Pres of First Tennessee Financial Services
|
| |
13,000+
|
| |
Finance And Insurance
|
| |
Credit Card s, Loan s, Deposit Product s, Investment s, Insurance , Financial Planning , Trust , Asset Management , and Cash Management Services
|
| |
http://wwwfirsttennesseecom
|
is a financial services company based in
Memphis, Tennessee . It is a subsidiary of
First Horizon National Corporation .
First Horizon National Corporation began as the former , which by the late
1970s was operating throughout most of the state of
Tennessee as '''First Tennessee National Bank'''. In April
2004 , the Company changed its name from '''First Tennessee National Corporation''' to '''First Horizon National Corporation'''.
While First Tennessee had a large market share in
West and
East Tennessee for decades, it largely ignored
Middle Tennessee until the early
2000s , due mostly to
Nashville 's dominance as a banking center. It was only when all major Nashville-based banks merged and moved operations elsewhere that First Tennessee began to increase its presence and market share in the Middle Tennessee area. It is now the largest Tennessee-based bank (in thanks to the recent merger of
Union Planters Bank into
Alabama -based Regions Bank), and the only Tennessee-based banking company with any genuine influence beyond the borders of the state.
, the parent company of First Tennessee Bank, also includes the subsidiary '''First Tennessee Bank National Association'''. The First Horizon family of companies includes First Horizon Home Loans and First Horizon Bank. First Horizon Home Loan Corporation is one of the top 20 U.S. mortgage (originations and servicing) providers and First Horizon Bank, established in December 2003, offers traditional banking products and services outside the state of Tennessee.
For the purpose of securities sales, is licensed in all 50 states, except Alaska.
For the purpose of investment advisors, is licensed to do business in the following states: Arkansas, Arizona, California, Delaware, Georgia, Maryland, Michigan, Missouri, North Carolina, Tennessee, Texas, Virginia, and Washington.
For the purpose of insurance sales and services, is not licensed in the following states: Alaska and New Mexico.
]]
The company has tended to take emphasis off the word "bank" by eliminating the word from all marketing initiatives and calling its branches "financial centers."
First Tennessee is also known for its aggressive marketing campaign featuring actors inside costumes designed to look like U.S. currency.
First Tennessee is very active in aligning itself with Tennessee's , the
Nashville Sounds , and the
Tennessee Smokies . The bank has agreed in principle to be the naming rightsholder for a proposed new downtown
AAA Baseball stadium in Nashville.
First Tennessee is also laying claim to the title "Official Bank of
Beale Street " through a marketing partnership with Performa Entertainment Real Estate Inc.
Its
Logo is a cutout portion of the
Tennessee State Flag . Though the logo is shared among all three subsidiaries of FHNC, the First Horizon name is virtually nonexistent in Tennessee, and the First Tennessee name is virtually nonexistent outside of Tennessee.
First Tennessee budgets one to two percent of its pre-tax income for community investment. Projects include:
- , a program that teaches carpentry to minimum-security inmates to construct houses for community development
- , a free home-to-school messaging service available to teachers and principals to keep parents informed about homework assignments and upcoming tests. Nearly 700 schools receive around four million calls a year in this program.
- 30,000 volunteer hours from employees in community programs
- which has renovated a long-vacant property and converted it to apartment buildings and converted a closed school into elderly housing with a daycare center.
- gave $250,000 to relief efforts in the wake of the September 11, 2001 tragedies.
- ; Fortune , eight consecutive years, 1998-2005.
- ; Forbes , 1997-2004.
- ; Business Ethics , 2003, 2004, and 2005.
- ; Working Mother , ten consecutive years, 1995-2004.
- ; AARP , 2003 and 2005.
- ; Business Week , December 17, 2001. For pioneering the Visa Payroll Card.
- ; Information Week , September 22, 2003. 500 leading business users of technology.
- ; CIO , August 15, 1999
