What is the new name of IberiaBank?
First Horizon Bank
In November 2019, IberiaBank and Memphis, Tennessee-based First Horizon Bank agreed to a merger. The combined bank will be based in Memphis, and use the First Horizon name. The merger closed July 2, 2020. The combined bank has $79 billion in assets and $58 billion in loans.
Is IberiaBank a good bank?
IberiaBank doesn’t rank as a financial institution with the best money market accounts. The interest rates are equivalent to the Standard Savings account, according to a phone call with an IberiaBank branch representative in Iberia, Louisiana, where the bank is headquartered.
Who did IberiaBank merger with?
The Tennessee bank absorbed Lafayette-based IberiaBank in a $3.9 billion deal that closed during second quarter last year. The companies are still working to integrate the businesses, executives told investors this week.
How big is IberiaBank?
About our Merger of Equals As of March 31, 2020, the combined banks represent $79 billion in assets, $60 billion in deposits, and $58 billion in loans with approximately 8,400 associates and 460 banking centers across 11 states throughout the Southeast.
Is First Horizon a good bank?
First Horizon offers a wide variety of personal banking services, including checking, savings, a money market account, and CDs. In addition to this, GOBankingRates has ranked it as one of the Best Regional Banks of 2021 in its yearly rankings.
Is IberiaBank changing its name?
The 133-year-old IberiaBank is expected to change its name to First Horizon in mid-2021. No changes to general business operations, signs, accounts, ATMs, and debit and credit cards are expected until the 2021 conversion, the companies said.
Is IberiaBank still in business?
Memphis, TN-based First Horizon National Corporation (NYSE: FHN) and Lafayette, LA-based IberiaBank Corporation (NASDAQ: IBKC) have completed a merger of equals, the banks announced Thursday.
Is First Horizon bank a good bank?
Who owns First Tennessee?
First Horizon Corporation
First Horizon Bank/Parent organizations
Is First Horizon only in Tennessee?
First Horizon Bank, formerly First Tennessee Bank, is a financial services company based in Memphis, Tennessee. The leading subsidiary of First Horizon National Corporation, it provides financial services through more than 180 locations in and around Tennessee. The company was founded during the Civil War in 1864.
When was the Iberia bank in New Iberia founded?
IBERIABANK was founded in 1887, in New Iberia, Louisiana. For over 130 years, we have focused on growth and a commitment to the community. Today, we continue that dedication by meeting the needs of our clients through comprehensive financial services which include Retail, Commercial, Business Banking, Private Banking, and Mortgage.
What does IBERIABANK Business Resource Center do for You?
Our Business Resource Center is designed to help guide business owners start, expand and finance business ventures with the knowledge and guidance needed to succeed. A consultative approach to align with your strategic goals. New to Mobile Banking? Download our app today.
How to place an order with IBERIABANK?
Place your order (800) 968-0801, choose option #4. Order checks directly through our preferred provider.
What can I do with my Iberia bank account?
For now, clients will continue to bank as they normally do and no action is required. Until systems are converted in 2021, clients will be served through their respective branches and should continue to use their cards, checks, make loan payments, conduct online banking and take advantage of other familiar services as before.