Description

First Horizon Corporation functions as the parent entity for First Horizon Bank, offering a comprehensive array of financial services. Its operations are structured into three key divisions: Regional Banking, Specialty Banking, and Corporate. The company provides standard banking facilities to individuals, corporate clients, financial organizations, and government entities. Beyond core banking, First Horizon is involved in underwriting eligible bank and other fixed-income securities, selling loans and derivative products, and delivering expert advisory services. Its extensive service portfolio also includes mortgage lending, title insurance and loan-closing provisions, brokerage, correspondent banking, nationwide check clearing, and remittance processing. Furthermore, the company manages trust, fiduciary, and agency accounts, offers equipment finance, and provides investment and financial consultation. It also distributes mutual funds, retail insurance products, and credit cards. Across the United States, First Horizon maintains approximately 500 First Horizon Bank branch locations in 22 states, alongside about 400 FHN Financial centers spread across 12 states. Founded in 1864 and headquartered in Memphis, Tennessee, the company adopted its current name, First Horizon Corporation, in November 2020, having previously operated as First Horizon National Corporation.