MCLEAN, Va., Sept. 16, 2005 (PRIMEZONE) -- First Horizon Bank announces today the launch of "Super Star Savings," a program aimed at educating parents, teachers and children about the life-long value of financial literacy. The program provides tips to parents on teaching the value of saving and encourages kids to learn the benefits of saving. By opening a new First Horizon savings account with an initial deposit of $25 or more, children will receive an additional deposit of $25 from First Horizon. Once a month with a deposit from the account holder, First Horizon will add another $5 to these newly opened accounts, giving children the opportunity to earn up to an additional $60 in the first year.
As part of the "Super Star Savings" program, First Horizon financial center managers will visit local area after-school programs, libraries and community centers offering an interactive program to educate and help kids get excited about saving. The children in attendance will receive a free First Horizon "Super Star Savings" kit to equip them with the tools to keep track of their savings progress. The kits will come in First Horizon-branded backpacks and include a piggy bank to store savings before deposits, tips for parents on how to encourage good saving habits and tips for kids on how to start saving to reach their goals. The kits also contain other educational and fun items. An insert in the package informs kids and parents of the offer of a $25 deposit from First Horizon with an opening deposit of at least $25. No minimum balance is required for this account for the first year.
"Through our Super Star Savings program, we are providing a forum for parents, teachers and kids to talk about the importance of understanding finances and saving money," said Terrie G. Spiro, regional president of First Horizon Bank. "Financial literacy for youth is important, and we are excited to bring this program to both our financial centers and the communities in which they are located."
A "Super Star Savings" program will be hosted at eight First Horizon financial center locations on the following Saturdays from 11 a.m.-noon:
-- Saturday, September 17 -- 1960 Gallows Road in Tyson's Corner -- Saturday, September 24 -- 4736 Lee Highway in Arlington -- Saturday, October 1 -- 11180 Lee Highway in Fairfax -- Saturday, October 15 -- 12170 Sunset Hills Road in Reston -- Saturday, October 22 -- 133 S. Washington Street in Falls Church -- Saturday, October 29 -- 6661 Old Dominion Drive in McLean -- Saturday, November 5 -- 14260 J Centreville Square in Centreville -- Saturday, November 12 -- 12150 Monument Drive in Fairfax
The "Super Star Savings" kits are available at all First Horizon financial center locations. The materials are available in both English and Spanish. By bringing children into the financial center locations, parents and children will enjoy:
-- Use of First Horizon's free coin counting machines to help
children count their coins.
-- A personal tour of the bank, including First Horizon's vaults and
state-of-the-art safe deposit boxes.
-- A child-sized passbook to record and track savings.
-- Fun Super Saver giveaways to encourage good saving habits.
First Horizon has 14 financial centers located throughout the Washington metropolitan area in Arlington, Centreville, Fairfax, Falls Church, McLean, Reston and Vienna. In addition to seven full-service financial centers, First Horizon has seven retail operations within the First Horizon Home Loans offices in Alexandria, Ashburn, Bethesda, Fairfax, Fredericksburg, Manassas and Owings Mills. First Horizon customers have free ATM usage at other bank's ATMs; they enjoy longer hours of operation: 8:00 a.m. to 8:00 p.m. Monday through Friday and 9 a.m. to 1 p.m. on Saturday; and customer service is available in 20 languages including Spanish, Urdu, Bengali, Hindi, Chinese, Portuguese, Farsi, Persian, French and Tagalog.
About First Horizon
The 13,000 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 20 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.FirstHorizon.com.