First Tennessee Bank, the largest bank headquartered in Tennessee, has joined Allpoint Network, the world’s largest surcharge-free ATM network, with 43,000 ATMs in the United States.
With $26.8 billion in total assets, First Tennessee is a subsidiary of First Horizon National Corp. (FHN).
Allpoint Network ATMs – conveniently placed in premier retailer locations nationwide – are within First Tennessee’s core branch footprint, as well as across the nation and in the Mid-Atlantic region where the bank has a growing presence.
Making cash access quick and easy for First Tennessee customers, Allpoint adds more than 570 surcharge-free ATMs to the bank’s network in Tennessee, where it has the number one deposit market share in the state.
Dave Miller, executive vice president, Consumer Banking, First Tennessee said: “Our customers have enthusiastically embraced the digital transformation of banking, which has heightened the need for us to enhance our self-service capabilities, including the ATM. Allpoint Network, which allows First Tennessee customers to withdraw surcharge-free cash where and when it’s easiest for them, is evidence of our focus on consistently offering a best-in-class customer experience.”
Bill Knoll, executive vice president and managing director, Allpoint said: “When First Tennessee Bank, which already has one of the highest customer retention rates of any bank in the country, adds Allpoint ATMs to its network, it is a powerful statement on how intertwined digital banking and ATMs have become in fulfilling the self-service demands of consumers. At a time when ATMs are becoming America’s source for cash, Allpoint delivers to First Tennessee customers a national ATM footprint, high quality retail locations, and an unrivaled density of convenient cash access points.”