Comment on First Tennessee Bank makes multibillion-dollar commitment

First Tennessee Bank makes multibillion-dollar commitment

First Tennessee Bank and Capital Bank have made a multibillion-dollar commitment to low-to-moderate-income communities across its footprint. The two banks — which fall under the umbrella of Memphis-based First Horizon National Corp. — announced plans Tuesday for a five-year, $3.95 billion community benefit plan. That commitment will be made possible via lending, grants and investments and is 10 percent of First Tennessee’s post Capital Bank merger assets.

 

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