First Tennessee

About First Tennessee

First Tennessee is a financial services company based in Memphis, Tennessee. It is a subsidiary of First Horizon National Corporation.

First National Bank of Memphis started business in one room in a building on North Court Street in Memphis, Tennessee. Two months later, the bank moved to expanded space at No. 9 Madison Street. Today the company is one of the 30 largest bank holding companies in the United States.

The company utilizes the First Tennessee Bank name in the state of Tennessee, its primary market and where it has dominant market share. Outside Tennessee, it utilizes the First Horizon Bank nameplate, the company's official name. First Tennessee is the only major bank headquartered in the state. Until recently, it had expanded into Northern Virginia (2003), Maryland (2003), Georgia and Texas, selling these expansions to be able to concentrate on its core market during the mortgage crisis.