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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
- Drive-throughAvailable
- Onsite servicesAvailable
- Free parking lotAvailable
Location
First Horizon Bank - Memphis, TN - Union Ave
1338 Union Avenue, Memphis, TN
38104, United States
Hours
Reviews
3.5
71 reviews
5 stars
35
4 stars
8
3 stars
3
2 stars
4
1 star
21
- NJNikita JohnsonNov 6, 20251.0Mervis the teller Is VERY rude and unwelcoming She should not be have the privilege to be a face you see when guests enter the establishment she greeted me with a blank stare as if she didn’t want to help. she really seems to hate her job. I asked how she was doing her response was what do you need she repeatedly rolled her eyes and mumbled words with deep breaths all I came in for was a debit card. The experience was terrible I will never visit nor recommend this branch to anyone ever
- MBMichelle BranchOct 14, 20255.0Isaac one of their bank tellers is so amazing he's very talkable and knowledgeable he doesn't mind being there you can tell it on him he's in his comfort zone and he's very knowledgeable with what he knows and how to support you I wanted to give you all a five stars because he is truly a great aspect to this company I saw no flaws in him.
- JBJordan BeckSep 18, 20251.0Ms Mavis was very rude I walked in DID NOT feel welcomed I came to deposit foreign currency she told me it wasn’t nothing but $20 (ended up being $145) but anyways she had a attitude the whole time I was at the counter saying I don’t why people bring this money in here VERY UNPROFESSIONAL WOULD NOT RECOMMEND HER
- FLFlorentin LupuJul 23, 20255.0Zania is the best person in this bank and I talk to you and listen and help you with everything. Thank you Zania.
- KKKeithJul 10, 20253.0They are convenient...
Frequently Asked Questions About First Horizon Bank - Memphis, TN - Union 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 requirements to open a personal checking account at First Horizon Bank in Memphis?
You need a $50 minimum opening deposit, Social Security number, date of birth, and personal ID such as a driver's license or passport.
Can I open a personal checking account online at First Horizon Bank?
Yes, you can open a personal checking account online or visit one of their banking centers in person.
Does First Horizon Bank limit the number of transactions on a personal checking account?
No, there is no limit on the number of transactions you can make with a personal checking account.
What types of mortgage loans does First Horizon Bank offer?
They offer fixed-rate, adjustable-rate (ARMs), FHA, VA, and jumbo loans tailored to different financial needs.
How can First Horizon Bank assist first-time homebuyers?
They offer specialized programs including FHA loans with lower down payment requirements and mortgage specialists to guide you.
What small business loans are available at First Horizon Bank?
Options include term loans, lines of credit, and real estate loans. You can consult a banker to review your options.
What are First Horizon Bank's operating hours at the Memphis Union Avenue location?
Mon-Thu: 9AM-4PM, Fri: 9AM-5PM, Sat: 9AM-1PM, Closed Sundays.
Is there parking available at First Horizon Bank on Union Avenue in Memphis?
Yes, they offer free onsite parking including garage, lot, and street parking.
Which nearby health facilities can customers visit around First Horizon Bank Memphis?
Nearby are Passport Health Memphis Travel Clinic, DaVita Renal Care Of Central Memphis, and Spirit Health Medical, offering convenient health services before or after your banking visit.
Are there any nearby beauty and spa services near First Horizon Bank Memphis?
Yes, customers can find Build-A-Brow Studio, Face Beauty Spa, and Bloom Beauty Suite nearby for beauty treatments.
What legal and financial services are located near First Horizon Bank in Memphis?
Nearby services include Damiens Law Firm, PLLC, Tops Noble Tax Services, and Braswell Tax Service for your legal and tax needs.