Business Details
About
BankATMCredit CardsBusiness Banking ServiceMortgage RefinanceCommercial Mortgage LenderConstruction LoansHome Loan ProviderEquity LoansFinancial PlanningFirst Horizon Bank
Welcome to First Horizon Bank - located in New Orleans. Since 1864, we’ve been a bank you can count on. Our financial foundation is so steady you can build a house on it. Mortgage loan included. Our commitment to you has won some pretty big awards. Like Forbes World’s Best Banks. Stop by today and tap into local decision-makers who actually get where you’re coming from. And a go-to banker who is always just a call away.
Details
- Requires appointmentNot available
- Drive-throughAvailable
- Onsite servicesAvailable
- Free parking lotAvailable
Location
First Horizon Bank - New Orleans, LA - Canal St.
4011 Canal Street, New Orleans, LA
70119, United States
Hours
Reviews
4.0
23 reviews
5 stars
16
4 stars
1
3 stars0
2 stars
3
1 star
3
- NMNadia MOct 9, 20255.0Tiffany was amazing, the whole staff is attentive and friendly to every customer who came by. You can tell they have a strong relationship with their clientele.
- HRHarold RoseSep 19, 20241.0Always a great experience when visiting canal st branch crew is magnificent
- JSJess SpinMay 9, 20222.0This location has the slowest drive through service. Often when you pull up, you can see the tellers shopping online or eating. You have to hit the call button for them to come to the window or they will just sit there as if they don't hear the car drive up.
- TETricey EvansSep 22, 20182.0Need a branch closer to chalmette because i hate traveling this far this for banking needs you'll loae a lot of customer service are even business....Please do something about it BANK OPERATOR WE NEED ONE IN NEW ORLEANS EAST ARE CHALMETTE..ALSO CHALMETTE HAVE ALOT OF EMPTY BUILDINGS JUST NEED A OWNER
Frequently Asked Questions About First Horizon Bank - New Orleans, LA - Canal St.
What do I need to open a personal checking account?
$50 minimum opening deposit
Social Security number
Date of birth
Personal identification such as a driver’s license, passport, state or government-issued ID
Can I open a personal checking account online?
Yes. Alternatively, you can visit one of our banking centers to apply in person.
Is there a limit on the number of transactions I can make with a personal checking account?
No, there is no limit on the number of transactions.
What are the first steps in the home buying process?
The first steps include assessing your financial situation, getting pre-qualified for a mortgage, and determining your budget. It's also important to start researching neighborhoods and listing your home preferences. First Horizon's mortgage specialists can guide you through these initial steps.
How long does it take to buy a home?
The home buying process typically takes between 30 to 60 days from making an offer to closing. This timeline can vary based on factors such as market conditions, the efficiency of your lender, and the specifics of the transaction.
What is mortgage prequalification and why is it important?
Mortgage prequalification involves a lender reviewing your financial information to determine your loan eligibility and providing a prequalified letter. This letter strengthens your offer on a home by showing sellers you are a serious and qualified buyer.
What types of mortgage loans are available through First Horizon?
First Horizon offers a variety of mortgage loans, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans. Each type has different benefits to suit diverse financial needs.
Can First Horizon help with financing for first-time homebuyers?
Yes, First Horizon offers several programs designed to assist first-time homebuyers, including FHA loans and other options with lower down payment requirements. Our mortgage specialists can help you explore these programs and find the best fit for your needs.
How do I know if mortgage loan refinancing is right for me?
Refinancing may be beneficial if current interest rates are lower than your existing rate, if you want to switch from an adjustable-rate mortgage to a fixed-rate mortgage, or if you need to tap into your home’s equity. Our mortgage specialists can help you evaluate your situation.
What types of small business loans do you offer?
There are many different types of small business loans available, including small business term loans, lines of credit and real estate loans. Talk to a banker today to review your options.
What are the qualifications for a small business loan?
The loan requirements for a small business loan will vary, depending on the loan type and other factors. Here are some things to consider when applying:
Business Plan: Craft a thorough business plan outlining your goals, market analysis, financial projections, and how the loan will be utilized. A well-prepared plan demonstrates your business's viability.
Loan Purpose: Clearly articulate the purpose of the loan and how it will benefit your business. Whether it's for expansion, equipment purchase, working capital or other needs, provide specific details to support your application.
Collateral: Some loans require collateral. If your loan requires collateral, be prepared to offer assets such as real estate, equipment or inventory.
Credit History: Your personal and business credit scores play a significant role. Aim for good scores to enhance your eligibility.
Cash Flow: Lenders assess your business's cash flow to determine your ability to repay the loan. Positive cash flow and consistent revenue are essential indicators of financial stability.
Industry Experience: Your industry expertise and a track record of success can help strengthen your application.
Debt-to-Income Ratio: Lenders evaluate your debt-to-income ratio to gauge your ability to manage additional debt payments. Maintaining a healthy ratio improves your chances of loan approval.
Legal Compliance: Ensure your business complies with all legal and regulatory requirements, including licenses, permits and registrations.
Relationship with Lender: Building a positive relationship with your lender can be advantageous. Regular communication and responsible financial management can help expedite the process.
How long does it take to get a small business loan?
As soon as you recognize the need for funds and can gather the necessary documentation, contact your banker to get the process started. The length of the loan application process is dependent on the complexity of the loan.
What are the regular banking hours at First Horizon Bank - New Orleans, LA - Canal St.?
The bank is open Monday through Thursday from 9:00 AM to 4:00 PM, Friday from 9:00 AM to 5:00 PM, and Saturday from 9:00 AM to 12:00 PM. It is closed on Sundays.
When is the drive-through service available at this First Horizon Bank location?
Drive-through hours are Monday through Friday from 8:30 AM to 5:00 PM. The drive-through is closed on Saturdays and Sundays.
What do I need to open a personal checking account at First Horizon Bank?
You need a $50 minimum opening deposit, Social Security number, date of birth, and personal identification such as a driver’s license, passport, or state/government-issued ID.
Can I open a personal checking account online with First Horizon Bank?
Yes, you can open a personal checking account online or visit one of their banking centers to apply in person.
What types of mortgage loans are available through First Horizon Bank?
First Horizon offers fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans to suit various financial needs.
What small business loan options does First Horizon Bank offer?
The bank offers small business term loans, lines of credit, and real estate loans. You can speak with a banker to review and select the best option that suits your business needs.
Is there free parking available at the First Horizon Bank - Canal St. location?
Yes, it offers free onsite parking including parking garages, lots, and street parking.
What nearby ATMs can customers use when visiting First Horizon Bank - Canal St.?
Customers can use nearby ATMs such as Chase ATM, LibertyX Bitcoin ATM, and Home Bank ATM for convenient cash access.
Which nearby dining options are available near First Horizon Bank - Canal St.?
Nearby dining options include Venezia (Italian restaurant), Theo's Neighborhood Pizza, Taqueria Guerrero Inc (Mexican restaurant), Bevi Seafood Co., and Angelo Brocato (ice cream shop and bakery) for customers to enjoy before or after banking.
Are there any financial service providers located near First Horizon Bank - Canal St.?
Yes, nearby financial service providers include IBERIABANK, Jesse Mancuso: IBERIABANK Mortgage, Avery Insurance, and Jeandron Wealth Management for additional financial needs or consultations.