First Tennessee Bank, the regional bank of First Horizon National Corp., has been selected by Money as the top bank in Tennessee for 2017.
Money’s annual list zeroes in on banks with no (or easily waived) monthly fees, low or no ATM fees, and above-average interest. Other factors included J.D. Power customer service ratings, geographic reach within a state, and mobile app ratings in the iTunes and Google Play stores.
“We are honored that the editors of Money selected First Tennessee Bank as the top bank in Tennessee and we are proud of the outstanding service of our employees,” said David Popwell, president and chief operating officer of First Tennessee Bank. “We are committed to offering a differentiated experience to all our customers and improving the communities in which we serve.”
Money evaluated the largest 90 brick-and-mortar banks, 50 credit unions, and 15 online banks in the U.S. as identified by bank consultancy firm Novantas. Bankrate.com collected data on fees, interest rates, and account requirements for checking and savings accounts, and that data was used to compare more than 800 accounts and 18,000 data points.
This year’s focus on the best bank in every state reflects customers’ need for both digital banking capabilities and at least occasional access to physical locations and human help. To see the full list, visit http://ti.me/2l9YeAi.