First Tennessee adquiere East Mountain National Bank de Sevierville


El banco First Tennessee Bank (NYSE: FHN) con sede principal en Memphis, ha adquirido los activos del banco East Mountain National de Sevierville del FDIC.
De acuerdo con un comunicado de prensa, East Mountain National de Sevierville reportó $437 millones de dolares en activos y aproximadamente $373 millones en depósitos en marzo. East Mountain National de Sevierville opera 12 sucursales en los condados de Sevier y Blount en East Tennessee. Estas sucursales abrirán ahora como First Tennessee.
“Con la adquisición de East Mountain National de Sevierville, estamos orgullosos de ampliar nuestros servicios en Tennessee, donde nos hemos ganado uno de los índices más altos de retención de clientes que cualquier banco en el país”, dijo Bryan Jordan, presidente de First Horizon y CEO en una declaración.
First Tennessee Bank National Association es una filial de propiedad total de First Horizon National Corporation con sede en Memphis, Tennessee.

ENGLISH

Memphis-based First Tennessee Bank (NYSE:FHN) has acquired East Tennessee-based Mountain National Bank of Sevierville from the FDIC.
According to a news release, Mountain National Bank reported $437 million of assets and approximately $373 million of deposits in March. Mountain National operates 12 branches in Sevier and Blount Counties in East Tennessee. Those branches will open today as First Tennessee branches.
“With the acquisition of Mountain National, we’re proud to expand in Tennessee, where we’ve earned one of the highest customer retention rates of any bank in the country,” said Bryan Jordan, First Horizon’s chairman, president and CEO in a statement.
First Tennessee Bank National Association, a wholly owned subsidiary of First Horizon National Corporation headquartered in Memphis, Tennessee.

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