First Tennessee Bank
First Tennessee Bank (First Horizon Bank) is a Tennessee-headquartered regional commercial bank providing retail, small business, commercial, and wealth management banking services across the Southeastern US through branches, digital, and mobile channels.
- Company typePublic
- Founded1864
- HeadquartersTennessee, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What First Tennessee Bank does
First Tennessee Bank, now operating as First Horizon Bank, is a Tennessee-headquartered regional commercial bank serving customers across the Southeastern United States. The bank offers a comprehensive product suite spanning personal banking (checking, savings, mortgages, personal loans), small business banking, commercial and industrial banking, wealth management, and trust services. Distribution is multi-channel: physical branch presence is augmented by a digital banking platform, a mobile application, and partnership-based delivery — most notably LPL Financial for investment and brokerage services and eMoney for mortgage servicing — alongside commercial safekeeping and trust services infrastructure.
The bank's revenue is generated through traditional depository and lending mechanics: net interest income from deposits and loan activity, banking and account fees, and wealth management and trust fees. It serves four primary customer segments — individuals and families, small businesses, commercial and industrial clients, and wealth clients — each with a distinct product set and servicing channel mix. The bank operates as a regulated depository institution (FDIC-insured, Equal Housing Lender, NMLS #472329) and supports customer acquisition and retention through security and fraud protection infrastructure, a digital Learning Center, and active social media and SEO-led marketing across Facebook, LinkedIn, Instagram, Twitter, and YouTube.
First Tennessee Bank firmographics
Firmographics- Name
- First Tennessee Bank
- Legal name
- First Horizon Bank
- Website
- https://firsttennessee.com
- Company type
- Public
- Founded year
- 1864
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- First Tennessee Bank (First Horizon Bank) is a Tennessee-headquartered regional commercial bank providing retail, small business, commercial, and wealth management banking services across the Southeastern US through branches, digital, and mobile channels.
- Ownership category
- akta.pro rank
First Tennessee Bank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (52211)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank) (FSABAAAJ)
Keywords
Where First Tennessee Bank is headquartered
LocationHeadquarters
- HQ city
- Tennessee
- HQ country
- United States
- HQ region
- North America
Markets served
First Tennessee Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Revenue generated from lending activities including mortgages, personal loans, and commercial loans. The bank earns interest spreads between deposit rates and loan rates.
- Banking Fees and Service Charges: Transaction fees, account maintenance fees, and service charges associated with checking accounts, savings accounts, and other banking products.
- Wealth Management Services: Investment management and wealth advisory services provided to high-net-worth individuals, generating fee-based revenue for financial planning, portfolio management, and trust services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Checking account options range from basic to premium tiers with varying benefits |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels3 records
First Tennessee Bank product offering
Product offeringCore offering
First Horizon Bank (formerly First Tennessee Bank) provides a comprehensive suite of banking and financial services across consumer, small business, commercial, and wealth client segments. Core offerings include retail checking and savings accounts, mortgages, personal loans, digital and mobile banking, small business banking with payment fraud protection, commercial and industrial banking with treasury management, wealth management advisory, and trust services. The institution operates FDIC-insured deposits under NMLS #472329 and serves customers through regional physical branches, an online banking platform, and a mobile application.
Product overview
First Horizon Bank (formerly First Tennessee Bank) offers a unified banking platform providing a comprehensive suite of financial services. The core offerings include Digital Banking (online and mobile access), Checking and Savings Accounts, Mortgages, Personal Loans, and a Mobile App for remote account management. For business clients, the bank provides Small Business Banking and Commercial Banking solutions with tailored services for businesses of all sizes. Wealth Management and Trust Services serve high-net-worth individuals seeking investment management and fiduciary services. The Learning Center provides educational content supporting the core banking products. The bank emphasizes FDIC-insured deposits and Equal Housing Lender compliance, operating under NMLS #472329.
Differentiator
Problem solved
Functional benefit
Brands
- First Horizon Wealth Management: Marketing name for wealth-related services including investment management provided to First Horizon clients
Products and services
- Checking Accounts Personal checking account products with various benefit levels from basic to premium options, designed to suit different customer needs. Tiered offerings include higher transaction limits, waived fees, and relationship discounts on premium tiers.
- Savings Accounts Personal savings products designed for individuals and families to deposit and grow their money securely under FDIC-insured protection.
- Mortgages Home loan products including mortgage financing to help customers purchase their homes, supported by eMoney mortgage services infrastructure.
- Personal Loans Borrowing solutions for personal financial needs including debt consolidation and major purchases.
- Digital Banking Online banking portal enabling customers to manage accounts, transfer funds, pay bills, and access account services without visiting branches. Supports self-service account opening in minutes.
- Mobile Banking Application Mobile banking application providing convenient access to banking services on-the-go with secure authentication across smartphones and tablets.
- Small Business Banking Banking services tailored for small business owners and entrepreneurs, combining big-bank expertise with personalized service. Includes business checking, payment processing, fraud protection, and business lending solutions.
- Commercial Banking
Companies that use First Tennessee Bank
Customer profileSegments4 records
Ideal customer profiles4 records
First Tennessee Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
First Tennessee Bank partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
First Tennessee Bank competitors and assessment
Company assessmentDirect peers
- Truist Financial Corporation: Major Southeastern US regional bank formed from the BB&T and SunTrust merger, offering comparable retail, commercial, and wealth management services across overlapping geographies in Tennessee, Georgia, North Carolina, and the broader Southeast.
- Regions Financial Corporation: Regional bank with significant presence across the Southeastern US, including Tennessee, offering consumer banking, commercial lending, and wealth management products directly comparable to First Horizon's suite.
- Pinnacle Financial Partners: Tennessee-headquartered regional bank with focus on commercial banking and wealth management, competing directly with First Horizon in the Nashville and broader Tennessee market.
- Synovus Financial: Southeastern regional bank offering commercial banking, retail banking, and wealth management, with overlapping presence in Georgia, Tennessee, and the Carolinas where First Horizon operates.
- Cadence Bank: Regional bank formed through merger of BancorpSouth and Cadence, serving commercial, consumer, and wealth clients across the Southeast, Texas, and surrounding states with comparable product offerings.
- United Community Banks: Southeastern regional bank offering retail, commercial, and wealth management services, with significant overlap in Georgia, Tennessee, and the Carolinas where First Horizon competes.
- Atlantic Union Bankshares: Mid-Atlantic and Southeastern regional bank offering commercial banking, retail banking, and wealth services with comparable mid-sized regional positioning to First Horizon.
- Renasant Corporation: Mississippi-headquartered regional bank with significant Southeastern presence including Tennessee, offering commercial and consumer banking products comparable to First Horizon's portfolio.
- Trustmark Corporation: Mississippi-based regional bank with operations across the Southeast, offering consumer banking, commercial banking, and wealth management products directly comparable to First Horizon's offering.
Broad incumbents
- Wells Fargo: Large national banking incumbent offering retail, commercial, and wealth management services across all 50 states, competing broadly with First Horizon in commercial and consumer segments within the Southeast.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
First Tennessee Bank social profiles
Digital presenceFirst Tennessee Bank compliance and trust
Trust signalCompliance3 records
First Tennessee Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Tennessee Bank leadership team
Management profileNumber of profiles
First Tennessee Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Tennessee Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Tennessee Bank
What does First Tennessee Bank do?
First Horizon Bank (formerly First Tennessee Bank) provides a comprehensive suite of banking and financial services across consumer, small business, commercial, and wealth client segments. Core offerings include retail checking and savings accounts, mortgages, personal loans, digital and mobile banking, small business banking with payment fraud protection, commercial and industrial banking with treasury management, wealth management advisory, and trust services. The institution operates FDIC-insured deposits under NMLS #472329 and serves customers through regional physical branches, an online banking platform, and a mobile application.
Is First Tennessee Bank a public or private company?
First Tennessee Bank is a public company. It is classified as public and is currently operating.
When was First Tennessee Bank founded?
First Tennessee Bank was founded in 1864. It employs 1,001 to 5,000 people.
Where is First Tennessee Bank based?
First Tennessee Bank is headquartered in Tennessee, United States, in the North America region.
How does First Tennessee Bank make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are banking Fees and Service Charges and wealth Management Services.
Who are First Tennessee Bank's main competitors?
Direct peers on record are Truist Financial Corporation, Regions Financial Corporation, Pinnacle Financial Partners, Synovus Financial, Cadence Bank, United Community Banks, Atlantic Union Bankshares, Renasant Corporation and Trustmark Corporation. Wells Fargo is listed as a broad incumbent.
Does First Tennessee Bank have an API?
No public API is recorded for First Tennessee Bank.
What industry is First Tennessee Bank in?
First Tennessee Bank's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6021.