MCLEAN, Va., Nov. 30, 2006 (PRIME NEWSWIRE) -- First Horizon Bank, a full-service financial services company, announced today the hiring of Terry Peters as director of wealth management. In this newly created position, Peters will manage the Mid-Atlantic region's wealth management services, which include brokerage, financial planning, insurance and trust services.
"We are excited to welcome Terry to this newly created leadership position for our wealth management team," said Terrie G. Spiro, Mid-Atlantic regional president, First Horizon Bank. "Terry's management skills, as well as her depth of experience in all aspects of wealth management and business development, will provide our regional wealth management team with additional strength and focus."
Peters brings more than 20 years of extensive experience in financial planning, wealth management and business development to the wealth management team. She most recently served as wealth management division executive for First Charter in Charlotte, N.C. At First Horizon she will oversee the 20-person wealth management team that provides asset and investment management, trust and estate administration, and a variety of institutional services for the business and professional community.
First Horizon National Corp. received the 2005 Wealth Management Program of the Year Award for regional institutions from the Bank Insurance & Securities Assoc. The award recognizes securities, insurance or combined wealth management programs that incorporate best practices in the industry. First Horizon received the award for its comprehensive delivery of wealth management services that includes an advice-based financial planning program, its integrated team approach to meeting customers' needs and its ethical practices.
First Horizon opened for business in the Mid-Atlantic region in December 2003 and now operates 23 financial centers throughout the Washington and Baltimore areas. First Horizon plans to open an additional financial center in the Baltimore region in Hunt Valley, Md., during the fourth quarter.
First Horizon offers a unique approach to banking by offering All Things Financial to consumers, small businesses and corporate clients including:
-- Retail banking with extended hours of operation: 8 a.m.
to 8 p.m. weekdays; 9 a.m. to 1 p.m. Saturdays
-- Deposits accepted and posted in financial centers until
8 p.m.
-- TOTALLY FREE ATM usage, including reimbursement of
foreign ATM fees
-- FREE coin counting machines
-- Commercial lending
-- Treasury management
-- Commercial real estate and home loans
-- Private banking
-- Insurance and investments
-- Financial planning
-- Trust services
-- Merchant card services
-- Check imaging service for businesses
-- Free Online Banking and Bill Pay
-- Customer service in more than 20 languages
About First Horizon
First Horizon Bank is a division of First Tennessee Bank National Assoc. and part of First Horizon National Corp. The 12,000 employees of First Horizon National Corp. (NYSE:FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands-FTN Financial, First Horizon and First Tennessee - provide customers with a broad range of products and services including:
-- Capital markets, one of the nation's top underwriters of
U.S. government agency securities
-- Mortgage banking, one of the nation's top 25 mortgage
originators and top 15 servicers, which earned a top-10
ranking in customer satisfaction from J.D. Power and
Associates
-- Retail/commercial banking, with the largest market share
in Tennessee and one of the highest customer retention
rates of any bank in the country
FHN companies have been recognized as some of the nation's best employers by AARP, Working Mother and Fortune magazines. FHN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.fhnc.com.