Business Details
About
BankATMCredit CardsBusiness Banking ServiceMortgage RefinanceCommercial Mortgage LenderConstruction LoansHome Loan ProviderEquity LoansFinancial PlanningFirst Horizon Bank
Welcome to First Horizon Bank - located in Memphis. 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
- Onsite servicesAvailable
- Free parking lotAvailable
- Free street parkingAvailable
Location
First Horizon Bank - Memphis, TN - 2504 Poplar Ave
2504 Poplar Avenue, Memphis, TN
38112, United States
Hours
Reviews
3.4
14 reviews
5 stars
7
4 stars
2
3 stars0
2 stars0
1 star
5
- SLSabine LangerDec 9, 20255.0The team is always extremely friendly and helpful. They recognize me before I even walk in the branch and typically have whatever I need ready by the time I walk in. A+++++ customer service!
- JCJessica CervantesMay 17, 20241.0Took 30 minutes for them to take care of me through the drive-thru. This location is the slowest in town by far. No matter the time of day they are always slow.
- DADayton AddisonFeb 4, 20191.0They racial profile black people and put money in their account and charge you for it . They dont bank well they mistakes all the time with smiles never taking responsibility for any inconvenience they put their customers through. Even if you seek to go up the chain they only seek to align in the ideal that you are not important to them.
- JLJohn LanganDec 14, 20181.0One teller, at 1 pm on a Friday! She’s stuck working with a customer on some CD problem in the meantime I sit and wait and wait and wait. Why have a bank even open on a Friday at 1 pm with just one teller?? This is absolutely ridiculous, and very frustrating. I know they don’t have many customers in this particular neighborhood so that why I’m guessing they are so short staffed. Where is management?? This gentleman in front of me should have his CD problem handled by a manager in a office instead of tying up the only cashier. This is why I don’t have my regular accounts here. Too damn slow!
- HAHelen AkinMar 2, 20181.0The mortgage division at the branch is awful. Had the worst experience ever. Would not recommend.
Frequently Asked Questions About First Horizon Bank - Memphis, TN - 2504 Poplar Ave
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 for First Horizon Bank at 2504 Poplar Avenue, Memphis?
The bank is open Monday through Thursday from 9:00 AM to 4:30 PM, and on Friday from 9:00 AM to 5:00 PM. It is closed on Saturdays and Sundays.
When is the drive-through service available at this First Horizon Bank location?
Drive-through services operate Monday to Thursday from 8:30 AM to 4:30 PM and on Friday until 5:00 PM. The drive-through is closed on weekends.
What do I need to open a personal checking account at First Horizon Bank?
To open a personal checking account, you need a minimum $50 deposit, Social Security number, date of birth, and a personal ID such as a driver's license or passport.
Can I open a personal checking account online with First Horizon Bank?
Yes, you can open a personal checking account online or visit a banking center to apply in person.
What types of mortgage loans does First Horizon Bank offer?
First Horizon offers fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans to fit various financial needs.
Does First Horizon Bank assist first-time homebuyers with financing?
Yes, they offer programs like FHA loans with lower down payments, and mortgage specialists are available to help explore the best options.
Is parking available at First Horizon Bank at 2504 Poplar Avenue?
Yes, the bank offers free onsite parking including parking garage, street, and lot parking, all free of charge.
What nearby banking options are available around First Horizon Bank on Poplar Avenue?
Nearby banking options include IBERIABANK located close by, providing alternative banking solutions in the area.
Are there any nearby places to eat or relax near First Horizon Bank on Poplar Avenue?
Yes, customers can visit Sonic Drive-In for quick meals and Captain JJ Fish and Chicken for seafood nearby, making it convenient to grab a bite before or after banking.
What nearby transportation options can help me get to First Horizon Bank on Poplar Avenue?
The Poplar Avenue & Hollywood transportation stop is nearby, which can help customers use public transit to easily access the bank.