As you’ll see below, we’ve shared some important moments in our history. Moments that make us the bank you know and trust. But, even after more than 150 years, we still get excited about the possibilities of each new day and the chance to help our customers and communities one opportunity at a time. Here’s a small part of our story.
Our story starts in the Office of the Comptroller on March 25, 1864 when Frank S. Davis submitted our charter. It may not seem like much, but everything we have been fortunate enough to accomplish for our customers, began with this simple document.
Just 14 years later, our bank and our hometown of Memphis were reeling from the effects of two yellow fever epidemics. In fact, the Memphis population shrunk by more than 50% in just 10 days during the start of the second wave of yellow fever. One man, Charles Q. Harris, operated our bank by himself for three hours each day, serving customers and distributing relief funds sent from across the country.
Back then, we were known as First National Bank, and it was in 1926 that we completed our first merger. We joined with Central State National Bank, but retained our name. The merger increased our capital holdings to $1 million for the first time.
First National moved into its new 25-story corporate headquarters building in downtown Memphis on March 23, 1964, two days before the company’s 100th anniversary. It is where we remain today.
We’ve always been about making banking easier for our customers. So in 1972 we introduced our first ATM.
Now known as First Tennessee, our technology folks took banking convenience to the next level with the introduction of Online Banking. It was also the start of a wave of great innovations over the next few years, including Bill Pay Online, Mobile Banking, and Mobile Deposit.
The more they stay the same. At least, that’s how we see it. We’ve been blessed to see our business and banking in general grow and adapt to the changing needs of customers through the years. But one thing that will always remain constant is our commitment to financial integrity and to helping our customers take good care of their money.
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