First Horizon National Corp., the parent company of First Tennessee Bank, will distribute $1,000 bonuses to eligible employees in January. The one-time payouts will be offered to employees who do not participate in company-sponsored bonus plans.
Bryan Jordan, First Horizon’s board chair and CEO, said the company posted “an exceptional year,” and is happy to offer bonuses to “our people who work hard every day to maintain First Horizon’s reputation as one of the best companies to work for and one of the most trusted banks in the country.”
In a press statement released late Friday, Jordan noted that First Horizon’s merger with Capital Bank, which closed on Nov. 30, created the fourth largest regional bank in the Southeast with approximately $40 billion in assets, $32 billion in deposits, $27 billion in loans and 350 branches in Tennessee and seven other states.