First Horizon Foundation Commits $500,000 to Affected Communities

Rhea-AI Summary

First Horizon Foundation has pledged $500,000 for Hurricane Ian relief efforts to support affected communities. These funds will be allocated to nonprofit organizations addressing urgent needs. Following the storm, the company provided essential supplies and continues to assist its associates through the Associate Relief Fund. Most banking centers in impacted areas are now operational, and ATMs are available in Ft. Myers. The Foundation has donated over $125 million since its inception in 1993, focusing on various community needs.

Positive

• Pledged $500,000 for Hurricane Ian relief efforts.
• Provided essential supplies and support to affected associates.
• Most banking centers in impacted areas are now operational.

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• None.

First Horizon Announces Hurricane Relief Efforts

Memphis, Tenn., Oct. 6, 2022 /PRNewswire/ -- First Horizon Foundation announced today its pledge of $500,000 to help communities impacted by Hurricane Ian. These funds will be distributed to nonprofit organizations which will address the needs of affected areas.  Applications for funding to 501c-3 organizations can be submitted online at https://firsthorizonfoundation.com/IanRelief

Immediately following the storm, First Horizon Corporation provided manpower and distributed essential supplies, including water, ice, food, and fuel, to associates and will continue to provide financial support through its Associate Relief Fund. The majority of First Horizon banking centers in affected areas are now open. In addition, ATMs have been deployed in Ft. Myers to meet clients' cash needs.  Clients can visit www.firsthorizon.com  for updates on business operations, fee waivers, loan deferrals and other recovery resources.

"Our thoughts and prayers go out to everyone experiencing loss from this devasting storm," said First Horizon President and CEO Bryan Jordan. "We stand ready to help rebuild and restore the lives of our associates, clients and the communities we serve."

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About the First Horizon Foundation
First Horizon Foundation is the private charitable foundation of First Horizon National Corporation. Founded in 1993, the Foundation has donated more than $125 million to meet community needs. Grants from the Foundation support the following impact areas: Arts & Culture, Education & Leadership, Environment, Financial Literacy, and Health & Human Services. More information is available at firsthorizonfoundation.com.

About First Horizon
First Horizon Corp. (NYSE: FHN), with $85.1 billion in assets as of June 30, 2022, 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 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

What is First Horizon's commitment for Hurricane Ian relief efforts?

First Horizon has pledged $500,000 to support communities affected by Hurricane Ian.

How is First Horizon assisting its employees affected by Hurricane Ian?

First Horizon provided essential supplies and continues to support associates through its Associate Relief Fund.

Are First Horizon banking centers operational in hurricane-affected areas?

Yes, most banking centers in the affected regions are now operational.

How can nonprofit organizations apply for the hurricane relief funding from First Horizon?

Nonprofits can apply for funding through the online application at First Horizon Foundation's website.

What has First Horizon Foundation donated over its history?

First Horizon Foundation has donated more than $125 million since its establishment in 1993.