First Tennessee Bank named top bank in state by Money
October 30 2017 - 4:30PM
First Tennessee Bank, the regional bank of First Horizon
National Corp. (NYSE:FHN), has been selected by Money as the
top bank in Tennessee for 2017.
Money’s annual list zeroes in on banks with no (or easily
waived) monthly fees, low or no ATM fees, and above-average
interest. Other factors included J.D. Power customer service
ratings, geographic reach within a state, and mobile app ratings in
the iTunes and Google Play stores.
“We are honored that the editors of Money selected First
Tennessee Bank as the top bank in Tennessee and we are proud of the
outstanding service of our employees,” said David Popwell,
president and chief operating officer of First Tennessee Bank. “We
are committed to offering a differentiated experience to all our
customers and improving the communities in which we serve.”
Money evaluated the largest 90 brick-and-mortar banks, 50 credit
unions, and 15 online banks in the U.S. as identified by bank
consultancy firm Novantas. Bankrate.com collected data on fees,
interest rates, and account requirements for checking and savings
accounts, and that data was used to compare more than 800 accounts
and 18,000 data points.
This year’s focus on the best bank in every state reflects
customers’ need for both digital banking capabilities
and at least occasional access to physical locations and
human help. To see the full list,
visit http://ti.me/2l9YeAi.
About First TennesseeFirst Tennessee Bank is
the largest bank headquartered in Tennessee, with the number one
deposit market share in Chattanooga, Knoxville, Memphis and the
Tri-Cities, a top-five deposit market share in Nashville, and the
number one market share in the counties in which we have locations.
The FTB Advisors wealth management group has 331 financial advisors
and $29.8 billion in assets under administration. First Tennessee
was founded in 1864 and has the 14th oldest national bank charter
in the country and one of the highest customer retention rates of
any bank in the country. First Tennessee, FTN Financial and FTB
Advisors are part of First Horizon National Corp. (NYSE:FHN), which
has 4,300 employees. First Horizon has been recognized as one of
the nation's best employers by Working Mother and American Banker
magazines and the National Association for Female Executives. More
information is available at www.FirstTennessee.com.
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Contact:
James Dowd (901) 523-4305 JEDowd@FirstTennessee.com
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