Description

First Horizon Corporation, headquartered in Memphis, Tennessee, and established in 1864, functions as the parent company for First Horizon Bank, delivering a broad spectrum of financial services. Its business is structured into three primary divisions: Regional Banking, Specialty Banking, and Corporate. The firm caters to a diverse clientele, including individual consumers, commercial enterprises, financial institutions, and governmental agencies, with a wide array of banking solutions. Beyond traditional services, First Horizon is involved in underwriting various securities, such as bank-eligible and other fixed-income instruments. It also facilitates the sale of loans and derivatives, and extends expert advisory services. Its comprehensive service catalog also features mortgage banking, title insurance, loan-closing facilities, brokerage services, and correspondent banking. Further offerings include nationwide check clearing and remittance processing, along with trust, fiduciary, agency, and equipment finance solutions, complemented by investment and financial advisory expertise. Moreover, it markets mutual funds, retail insurance products, and credit cards. Across the United States, First Horizon maintains a substantial operational footprint. It manages approximately 500 banking branches across 22 states under the First Horizon Bank banner, and an additional 400 banking centers in 12 states operate under its FHN Financial brand. Formerly known as First Horizon National Corporation, the company officially adopted its current name, First Horizon Corporation, in November 2020.