Business Details
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Welcome to First Horizon Bank - located in Hernando. 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 - Hernando, MS - E Commerce St
500 East Commerce Street, Hernando, MS
38632, United States
Hours
Reviews
2.5
11 reviews
5 stars
4
4 stars0
3 stars0
2 stars
1
1 star
6
- LTLadarius ThomasJul 25, 20251.0They just lied on me talking about I cut up in there just a few minutes ago when I didn’t .
- RSRuss SchmidtJun 23, 20251.0Since I have started using this bank again (having been a prior First Tennessee customer) less than 3 years, they have charged me for everything without notifying me of a possible charge for those transactions, required maximum time limits to provide funds from checks including banker’s checks, had issues with their system, had to issue new cards 4 times because the cards or chips were messed up, and have had to have me there in person to handle some of the transactions. Most recently, trying to close my credit card, they told me that they have to hold onto the additional funds (from over payment) until my next statement THEN I will need to call them back to release the funds and THEN they can issue me a check with in the next two weeks. You have done nothing but hold my money ransom do as long as you legally can since I started. I am sure the only reason you released my pay checks from my job on time is that they know they would have no customer base if they didn’t. I have talked with other members (former members) of the bank citing similar or worse experiences. With all of the policy changes to incorporate the purchases of other banks in other states what was First Tennessee Bank became Worst Tennessee. As soon as they release my funds I will definitely be leaving this Financial Institution. It is a finance prison.
- EMEvan MurphyDec 31, 20202.0This branch used to be great but ever since swapping over to the First Horizon name it’s been a different story!
- CGC GordonDec 14, 20205.0Great group of people to work with.
Frequently Asked Questions About First Horizon Bank - Hernando, MS - E Commerce 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 drive-through hours for First Horizon Bank in Hernando?
The drive-through service is open Monday to Thursday from 9:00 AM to 4:00 PM, Friday until 6:00 PM, Saturday from 9:00 AM to 1:00 PM, and closed on Sunday.
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 our banking centers to apply in person.
What types of mortgage loans does First Horizon Bank offer?
We offer various mortgage loans including fixed-rate, adjustable-rate (ARMs), FHA, VA, and jumbo loans tailored to diverse financial needs.
Does First Horizon Bank provide small business loans?
Yes, we offer small business term loans, lines of credit, real estate loans, and more. You can talk to a banker to review your options.
How can nearby banks like First Tennessee Bank or Trustmark assist customers visiting First Horizon Bank?
Customers can compare services or access additional banking resources by visiting nearby banks such as First Tennessee Bank and Trustmark, both located close by.
What local attractions can I visit near First Horizon Bank in Hernando before or after my banking visit?
You can explore local shops and dining options like La Torcia Brick Oven Pizza, Rick's Vintage Shop & Antique Market, or visit nearby Goodwill stores for thrift shopping.
Are there nearby mortgage services available close to First Horizon Bank?
Yes, nearby mortgage services include Ken Pruett: First Horizon Mortgage, Ken Pruett: IBERIABANK Mortgage, and 1st Franklin Financial for additional home loan support.
How can I access online and mobile banking services for First Horizon Bank?
You can download our mobile banking app on iOS via the Apple App Store or on Android via the Google Play Store to access digital banking services conveniently.
Does First Horizon Bank provide financial planning and wealth management services?
Yes, First Horizon Bank offers wealth management, financial planning, investments, and retirement planning services to support your financial goals.