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 Tuesday, April 10, plans 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.
