MCLEAN, Va., June 5, 2006 (PRIMEZONE) -- First Horizon Bank, a full-service financial services company, announced today the opening of its newest financial center at 7700 Wisconsin Avenue in Bethesda, Maryland. The Bethesda location is the company's first full-service financial center in Maryland and is part of First Horizon's continuing commitment to provide high-quality financial counsel and convenience to greater Washington area residents and businesses.
"We are excited to expand our presence into the state of Maryland and look forward to serving Bethesda residents and business owners with our first-class offerings," said Terrie G. Spiro, mid-Atlantic regional president of First Horizon. "We have long had a strong mortgage presence in Montgomery County and we are delighted to bring full-service banking to those clients."
In advance of the Bethesda financial center opening, First Horizon participated in several community events in conjunction with the Bethesda/Ayrlawn YMCA, including YMCA Healthy Kids Day on April 8, 2006 and the Family Fun Fest on May 21, 2006. On National Teach Children to Save Day on April 25, the bank hosted a "Super Star Savings" event, a bank-wide effort aimed at teaching the importance of financial literacy to children ages 6-12, at the Bethesda/Ayrlawn YMCA. The "Super Star Savings" program will also be presented at various camps throughout the summer in the Bethesda area. Additionally, First Horizon Bank partnered with the local First Horizon Home Loans office, located at 6903 Rockledge Drive to sponsor the Strut Your Mutt Parade and Dog Festival on May 20. All proceeds were donated to the Bethesda-Chevy Chase Rescue Squad.
First Horizon's full-service financial centers feature extended retail hours, free ATMs, free coin counting machines, state-of-the-art self-serve safe deposit boxes, same-day deposit processing until 8:00 p.m., and the leadership and experience of its staff to provide consumers and businesses the best in financial services. First Horizon offers a unique approach to banking by offering All Things Financial to consumers, small businesses and corporate clients. First Horizon products and services include:
-- Retail banking with extended hours of operation: 8 a.m. to 8 p.m.
weekdays; 9 a.m. to 1 p.m. Saturdays
-- Deposits accepted and posted in financial centers until 8 p.m.
-- TOTALLY FREE ATM usage, including reimbursement of foreign ATM
fees
-- Commercial lending
-- Treasury management
-- Commercial real estate and home loans
-- Private banking
-- Insurance and investments
-- Financial planning
-- Trust services
-- Merchant card services
-- Check imaging service for businesses
-- Free Online Banking and Bill Pay
-- Customer service in more than 20 languages
First Horizon plans to open three additional full-service financial centers in the state of Maryland during 2006. First Horizon currently has limited-service retail operations located within the First Horizon Home Loans offices in Owings Mills, Frederick, and Timonium, Maryland. First Horizon opened for business in the mid-Atlantic region during December 2003 and now has nine full-service financial centers in the Washington area. Additionally, limited retail services are offered in six First Horizon Home Loans offices in the Washington area.
About First Horizon
First Horizon Bank is a division of First Tennessee Bank National Association, headquartered in Memphis, Tenn. The 13,000 employees of parent company First Horizon National Corp. (NYSE:FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands -- FTN Financial, First Horizon and First Tennessee -- provide customers with a broad range of products and services including:
-- Capital markets, one of the nation's top underwriters of U.S.
government agency securities
-- Mortgage banking, one of the nation's top 20 mortgage originators
and top 15 servicers, which earned a top-10 ranking in customer
satisfaction from JD Power and Associates
-- Retail/commercial banking, with the largest market share in
Tennessee and one of the highest customer retention rates of any
bank in the country
FHN companies have been recognized as some of the nation's best employers by AARP, Working Mother and Fortune magazines. FHN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.fhnc.com.