First Tennessee Bank Transforms ATM Channel with Allpoint Network
September 13 2016 - 7:30AM
First Tennessee Bank, the largest bank headquartered in Tennessee,
has joined Allpoint Network, the world’s largest surcharge-free ATM
network, with 43,000 ATMs in the United States. With $26.8 billion
in total assets, First Tennessee is a subsidiary of First Horizon
National Corp. (NYSE:FHN).
Allpoint Network ATMs – conveniently placed in
premier retailer locations nationwide – are within First
Tennessee’s core branch footprint, as well as across the nation and
in the Mid-Atlantic region where the bank has a growing
presence.
Making cash access quick and easy for First
Tennessee customers, Allpoint adds more than 570 surcharge-free
ATMs to the bank’s network in Tennessee, where it has the number
one deposit market share in the state.
Dave Miller, executive
vice president, Consumer Banking, First Tennessee
said:“Our customers have enthusiastically embraced the
digital transformation of banking, which has heightened the need
for us to enhance our self-service capabilities, including the ATM.
Allpoint Network, which allows First Tennessee customers to
withdraw surcharge-free cash where and when it’s easiest for them,
is evidence of our focus on consistently offering a best-in-class
customer experience.”
Bill Knoll, executive vice president and
managing director, Allpoint said: “When First Tennessee
Bank, which already has one of the highest customer retention rates
of any bank in the country, adds Allpoint ATMs to its network, it
is a powerful statement on how intertwined digital banking and ATMs
have become in fulfilling the self-service demands of consumers. At
a time when ATMs are becoming America’s source for cash, Allpoint
delivers to First Tennessee customers a national ATM footprint,
high quality retail locations, and an unrivaled density of
convenient cash access points.”
About First
TennesseeFirst Tennessee Bank is the largest bank
headquartered in Tennessee, with the number one deposit market
share in Chattanooga, Knoxville, Memphis and the Tri-Cities and a
top-five deposit market share in Nashville. The FTB Advisors wealth
management group has 313 financial advisors and $27 billion in
assets under administration. First Tennessee was founded during the
Civil War in 1864 and has the 14th oldest national bank charter in
the country and one of the highest customer retention rates of any
bank in the country. First Tennessee, FTN Financial and FTB
Advisors are part of First Horizon National Corp. (NYSE:FHN), which
has 4,300 employees. First Horizon has been recognized as one of
the nation's best employers by Working Mother and American Banker
magazines. More information is available at
www.FirstTennessee.com.
About
AllpointAllpoint Network is the largest
surcharge-free ATM network with ATMs in leading national and
regional merchant locations across the United States, Canada,
Mexico, United Kingdom and Australia. Allpoint provides
greater access, convenience and savings to customers of financial
institutions while providing institutions the tools to compete more
effectively for customers. For more information or to find the
nearest Allpoint surcharge-free ATM, please visit
www.AllpointNetwork.com, like us on Facebook and follow @Allpoint
on Twitter. Allpoint Network is a wholly-owned subsidiary of
Cardtronics (NASDAQ:CATM).
Contact Information:
Media
RelationsNick PappathopoulosDirector – Public
Relations832-308-4396npappathopoulos@allpointnetwork.com |
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