First Tennessee Bank Expanding Mid-Atlantic Region
Relocated Office in Raleigh Will Accommodate New Bankers, Enhanced Services
RALEIGH, N.C., March 12, 2013 (GLOBE NEWSWIRE) -- Building on its success
outside of its home state, First Tennessee Bank will expand its presence and
enhance its services in the North Carolina, South Carolina and Virginia
markets.As a result, First Tennessee, a subsidiary of First Horizon National
Corp. (NYSE:FHN), will move its Raleigh office to a larger and more prominent
On an organizational level, the bank recently created the Mid-Atlantic Region
to join its existing regions of West, Middle and East Tennessee.John Fox,
executive vice president, leads the new region with offices in Winston-Salem,
Charlotte, Raleigh and Richmond, VA. "John and his team have done a great job
of growing our business and building new relationships in the Mid-Atlantic,"
said David Popwell, president of banking for First Tennessee, "and this
reorganization shows our commitment to the area. We see great potential
The new Raleigh office, led by Senior Vice President Ken Reece, will support
expanded services and new relationships in its business lines of private
client, wealth management, corporate and commercial lending and commercial
real estate.First Tennessee will add jobs to manage increased business,
especially private client and commercial bankers. "Our differentiated approach
is focused on providing exceptional customer service with the friendly,
high-touch nature of a local bank," said Fox."Our growth and success in the
Mid-Atlantic Region has resulted from combining experienced, responsive
professionals with a complete set of financial products and the flexible
operating framework of a boutique banking operation."
First Tennessee expects to move into its new space at 1122 Oberlin Rd. in mid
April.The building, which will bear "First Tennessee Bank" signage, offers
room for up to 10 additional employees, including a teller position.
"The Mid-Atlantic Region shares many characteristics of our Tennessee
regions," Popwell said. "We are pleased by the response in the Raleigh market,
which allows us to enhance the depth of our service to meet the expanding
needs of businesses and individuals."
About First Horizon
The 4,500 employees of First Horizon National Corp. (NYSE:FHN) provide
financial services through more than 170First Tennessee Bank locations in and
around Tennessee and 19 FTN Financial Group offices in the U.S. and abroad.
First Tennessee has the leading combined market deposit share in the counties
where it does business and one of the highest customer retention rates of any
bank in the country. FTN Financial is a capital markets industry leader in
fixed income sales, trading and strategies for institutional clients in the
U.S. and abroad. FHN has been recognized as one of the nation's best employers
by AARP and Working Mother magazines.More information is available at
CONTACT: John Fox, (336) 725-3145
Jack Bradley, (901) 523-4813
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