There are 19 article(s) tagged banking and finance:

• February 2025

  • Truist Bank names new Memphis president

    Truist said Jean Morton, its new Memphis market president, will harness her more than 30 years of experience to help grow the bank’s local presence. 

    By Aisling Mäki February 25, 2025

  • Orion, Financial Federal deal is dead

    Orion Federal Credit Union said in 2021 it would acquire a Memphis-based community bank, but Financial Federal CEO Kent Wunderlich said the acquisition was “mutually terminated.” 

    By Aisling Mäki February 21, 2025

  • Local credit union names new CEO

    Chartered in 1961, Shelby County Federal Credit Union serves 10,000 local members in two counties. 

    By Aisling Mäki February 17, 2025

  • Orion credit union has a new leader, and she’s focused on growth

    Ashley McDurmon might have become the CEO and president of Orion Federal Credit Union in January, but her understanding of its culture dates back more than a decade.

    By Aisling Mäki February 16, 2025

• January 2025

  • First Horizon reports 2024 fourth quarter and full-year earnings

    FHN President and CEO Bryan Jordan said the fourth quarter and full-year 2024 results reflect a “focused execution” of the bank’s strategic priorities. 

    By Aisling Mäki January 16, 2025

• December 2024

  • ServisFirst Bank expands in Memphis

    ServisFirst Bank’s full-service branch in East Memphis will open this month with a team of 12, including several veteran Memphis bankers. The bank entered the local market earlier this year by establishing a loan-production office.

    By Aisling Mäki December 09, 2024

• October 2024

  • First Horizon reports third-quarter growth

    “Our results reflect the strength of our diversified business model and our continued focus on growing and deepening client relationships,” FHN President Bryan Jordan said.

    By Aisling Mäki October 16, 2024

  • TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department

    The $13.4 billion merger between TD Bank Group and First Horizon National Corp. was scrapped last year following months of delays as the financial institutions tried to overcome regulatory oversight of their deal. 

    By The Associated Press, Aisling Mäki October 14, 2024

• September 2024

  • Oppenheimer & Co. moves into Memphis financial market

    Oppenheimer & Co. Inc., a global brokerage and investment bank, first moved into Tennessee in 2022, when it opened a Nashville office. 

    By Aisling Mäki September 23, 2024

• July 2024

  • First Horizon reports better-than-expected second quarter earnings

    Bryan Jordan, who has led the Memphis-based bank since 2007, said the company continues to make “significant progress” on its strategic investments while identifying operational efficiencies. 

    By Aisling Mäki July 17, 2024

• June 2024

  • Orion credit union announces next president and CEO

    For the past five years, she has served as executive vice president and chief financial officer at Orion, the Mid-South’s largest credit union with 70,000 members and more than $1.2 billion in assets. 

    By Aisling Mäki June 24, 2024

  • First Horizon named among best employers for new grads

    Headquartered in Downtown Memphis, First Horizon employs 7,378 people in 12 states across the Southern U.S. and has $81.8 billion in assets. 

    By Aisling Mäki June 05, 2024

• April 2024

  • First Horizon reports growth over previous quarter

    First Horizon National Corp. President and CEO Bryan Jordan said in a statement that the bank’s adjusted net income had increased 10% from the previous quarter. 

    By Aisling Mäki April 17, 2024

• March 2024

  • Alabama’s ServisFirst Bank moves into Memphis market

    The new Memphis location is the second Tennessee branch for the Alabama-based commercial bank, which has assets exceeding $16 billion. 

    By Aisling Mäki March 26, 2024

• June 2021

  • Renasant Bank designs a transparent Memphis headquarters

    Renasant bankers brainstormed with LRK Architects to envision the kind of building that millennial employees and customers would want 20 years from now.

    By Tom Bailey June 28, 2021

• February 2021

  • Independent Bank launches Makes A Difference contest Feb. 12

    Independent Bank will match cash prize winners with an equal gift to the charity of their choice.

    By The Daily Memphian Staff February 11, 2021

• August 2020

  • FirstBank hires former Iberiabank execs

    Greg Smithers joined FirstBank as Memphis market president July 7 after leaving Iberiabank, where he had been regional president for Tennessee and Arkansas.

    By Wayne Risher August 14, 2020

• June 2019

  • Truist Bank? SunTrust, BB&T propose new name post-combination

    SunTrust Bank and BB&T Corp. would become Truist Bank and Truist Financial Corp. if the new name and their planned consolidation are approved by shareholders.

    By The Daily Memphian Staff June 12, 2019

• November 2018

  • Pinnacle Financial approves buyback of up to $100 million in stock

    Pinnacle Financial Partners Inc. has announced authorization of up to $100 million in common stock repurchases by Dec. 31, 2019.

    By The Daily Memphian Staff November 14, 2018