First Horizon Bank Teaches Financial Literacy Skills to more than 7,000 Students

Rhea-AI Summary

First Horizon (NYSE: FHN) participated in the American Bankers Association Foundation's 'Teach Children to Save Day,' teaching financial literacy skills to over 7,000 students. Volunteers educated youth on money management, saving, and responsible spending. This initiative reflects First Horizon's commitment to financial education and community impact.

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• First Horizon actively participates in financial literacy initiatives, such as 'Teach Children to Save Day,' showcasing its dedication to community impact.

• The bank's 'Grants for Good' campaign provided $1.6 million to nonprofit organizations focused on enhancing financial well-being in its communities, demonstrating a commitment to financial education.

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Volunteers Teach Personal Finance Fundamentals to Youth on "Teach Children to Save Day"

MEMPHIS, Tenn., May 2, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is proud to announce its participation in the American Bankers Association (ABA) Foundation's "Teach Children to Save Day," directly providing financial literacy skills to more than 7,000 students. In April, First Horizon associates conducted financial literacy classes for youth across the bank's footprint by imparting essential money management skills and promoting the value of saving from an early age.

"Teach Children to Save Day" is an annual event held as a part of Financial Literacy Month to educate young people about the importance of saving money and making wise financial decisions. The program teaches children to set financial goals, save money and make responsible spending choices. First Horizon is an active partner of the ABA Foundation's program and participates annually. This significant effort highlights the bank's commitment to making a positive impact through financial education.

"As a part of our community investment strategy, we place significant emphasis on financial literacy skills that can transform lives and communities," says Bryan Jordan, Chairman, President, and CEO of First Horizon. "I am proud of our associates' commitment to provide these vital programs that promote financial education and equip individuals to establish strong foundations, attain economic dignity and secure their financial futures."

In addition to participating in "Teach Children to Save Day", First Horizon has supported numerous organizations and partners through financial literacy initiatives. Last month, the bank launched its "Grants for Good" campaign, providing $1.6 million to nonprofit organizations dedicated to strengthening financial well-being in communities within its footprint.

To learn more about First Horizon's community efforts, visit www.firsthorizon.com.

About First Horizon
First Horizon Corp. (NYSE: FHN), with $81.8 billion in assets as of March 31, 2024, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

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SOURCE First Horizon Corporation

FAQ

How many students did First Horizon teach financial literacy skills to?

First Horizon taught financial literacy skills to over 7,000 students.

What is the purpose of 'Teach Children to Save Day'?

'Teach Children to Save Day' aims to educate young people about the importance of saving money and making wise financial decisions.

What is First Horizon's commitment to financial education?

First Horizon is dedicated to promoting financial education through programs like 'Teach Children to Save Day' and supporting nonprofit organizations focused on financial well-being.