Wallets/first-horizon
First Horizon Bank
0 standards supported
Overview
First Horizon Bank is NYSE: FHN + US-based commercial bank + one of US's largest commercial banks by assets in US Southeast region + ~2M+ US First Horizon Bank customers + founded Mar 25 1864 as First National Bank of Memphis Tennessee + TD Bank Group Feb 28 2022 announced ~$13.4B acquisition then May 4 2023 deal terminated + IBERIABANK Jul 2020 ~$3.9B acquisition + 2020 First Horizon Bank rebrand consolidation [1, us-cro].
History
Mar 25 1864 — First National Bank of Memphis founded in Memphis Tennessee distinctive US Southeast regional banking heritage.
2004 — Renamed First Horizon National Corporation.
Jul 1 2020 — First Horizon + IBERIABANK merger for ~$3.9B + Jul 2020 First Horizon Bank rebrand consolidation.
Feb 28 2022 — TD Bank Group Canadian parent announces ~$13.4B acquisition of First Horizon.
May 4 2023 — TD Bank Group + First Horizon acquisition terminated due to regulatory uncertainty.
Ownership & operator
Operating entity: First Horizon Corporation First Horizon Bank (US-based commercial bank; NYSE: FHN).
Major shareholders: Vanguard + BlackRock + State Street + US + international retail + institutional + foreign investors free float.
Regulators: OCC + Federal Reserve + FDIC.
Technical integration
First Horizon Mobile Banking app (iOS + Android; ~2M+ US First Horizon Bank customers) + firsthorizon.com online + First Horizon Bank branch network across US Southeast region + First Horizon Visa + Mastercard cards; ACH + FedNow + Zelle.
Implementations & partners
Major US banking + payments competitors: [[chase-mobile]] (Chase Mobile; JPMorgan Chase US; NYSE: JPM) + [[bank-of-america]] (Bank of America; NYSE: BAC) + [[wells-fargo]] (Wells Fargo; NYSE: WFC) + [[regions-financial]] (Regions Financial; NYSE: RF; US Southeast regional bank) + [[truist]] (Truist Financial; NYSE: TFC) + [[fifth-third]] (Fifth Third Bank; NASDAQ: FITB) + [[huntington-bank]] (Huntington Bank; NASDAQ: HBAN) + [[keybank]] (KeyBank; NYSE: KEY) + [[us-bank]] (US Bank; NYSE: USB) + [[pnc-bank]] (PNC Bank; NYSE: PNC) + [[ally-bank-app]] (Ally Bank; NYSE: ALLY) + [[synovus]] (Synovus Bank; NYSE: SNV; US Southeast regional bank) + [[chime]] (Chime; NASDAQ: CHYM; ~22M+ Chime customers).
Regulators: OCC + Federal Reserve + FDIC.
Status
Active, NYSE:FHN + US-based commercial bank + one of US's largest commercial banks by assets in US Southeast region + ~2M+ US First Horizon Bank customers + founded Mar 25 1864 as First National Bank of Memphis Tennessee + TD Bank Group Feb 28 2022 announced ~$13.4B acquisition then May 4 2023 deal terminated + IBERIABANK Jul 2020 ~$3.9B acquisition + 2020 First Horizon Bank rebrand consolidation [1, 2].
Sources
- 1 First Horizon — official
- 2 First Horizon — Wikipedia
- us-cro In-corpus:
reports/countries/US-united-states.md
Source
Biography extracted from first-horizon.md. See matrix.md for standards-support matrix if present.