MEMPHIS, Tenn., March 25, 2014 (GLOBE NEWSWIRE) -- First Tennessee Bank celebrates its 150th anniversary today, spotlighting a legacy of serving customers that began when Abraham Lincoln was president. Founded in Memphis in 1864, First Tennessee has grown to span the state of Tennessee and beyond. The bank is a subsidiary of First Horizon National Corp. (NYSE:FHN).
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"First Tennessee has served customers through civil war and world war, a yellow fever epidemic, the Great Depression and the Great Recession," said Bryan Jordan, CEO of First Horizon. "We're proud of that legacy but we're focused on the future. We're building for our next 150 years."
First Tennessee is the market leader in Tennessee as a whole, and has the top market share in its West and East Tennessee regions. The bank is pursuing growth opportunities in Middle Tennessee and in its Mid-Atlantic region of North and South Carolina, Virginia and North Florida.
"Our First Tennessee team is carrying on a tradition that has been important to Tennessee and to generations of customers," Jordan said. "With our 150th anniversary celebration, we are renewing our promise to be the best at serving our customers, one opportunity at a time."
About First Tennessee
First Tennessee has the number one market share in Tennessee and one of the highest customer retention rates of any bank in the country. First Tennessee ranked in the top 6 percent of 750 banks in the most recent Greenwich and Associates Excellence in Banking survey. First Tennessee and FTN Financial are subsidiaries of First Horizon National Corp. (NYSE:FHN). The company's 4,300 employees provide financial services through more than 170 First Tennessee Bank locations in and around Tennessee and in 21 FTN Financial offices in the U.S. and abroad. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. First Horizon has been recognized as one of the nation's best employers by American Banker and Working Mother and a top tech innovator by InformationWeek. More information is available at www.FirstTennessee.com.
The photo is also available via AP PhotoExpress.
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