STOCK TITAN

Louisiana First Horizon Foundation Commits $1 Million to Affected Communities

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On Sept. 9, 2021, the Louisiana First Horizon Foundation pledged $1 million to assist communities affected by Hurricane Ida. The funds will support local non-profits addressing urgent community needs. Following the disaster, IBERIABANK/First Horizon distributed essential supplies and provided financial support through its Associate Relief Fund. Most banking centers in impacted areas have resumed operations with limited hours. The foundation aims to enhance community resilience, reflecting First Horizon's commitment to support its associates, clients, and the communities it serves.

Positive
  • Pledged $1 million to support communities impacted by Hurricane Ida.
  • Distributed essential supplies post-storm, aiding immediate recovery efforts.
  • Commitment to financial support through the Associate Relief Fund.
Negative
  • None.

NEW ORLEANS, Sept. 9, 2021 /PRNewswire/ -- Louisiana First Horizon Foundation announced today its pledge of $1 million to help communities impacted by Hurricane Ida. These funds will be distributed through non-profit partners to address the needs of affected areas. Applications for funding to 501c-3 organizations can be submitted online at https://www.firsthorizonfoundation.com/Louisiana.

Immediately following the storm, IBERIABANK/First Horizon Corporation 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 IBERIABANK/First Horizon banking centers in affected areas are now open with limited business hours. Clients can visit www.iberiabank.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 catastrophic event," said First Horizon President and CEO Bryan Jordan. "We will continue to play a lead role in providing the resources needed to rebuild and restore the lives of our associates and clients and the communities we serve."

About the Louisiana First Horizon Foundation

As part of the IBERIABANK/First Horizon merger-of-equals, the Louisiana First Horizon Foundation was founded in 2020 to meet community needs in the state of Louisiana.

About IBERIABANK, a division of First Horizon Bank

First Horizon Corp. (NYSE:  FHN) with $87.6 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of our associates, clients, shareholders, and communities. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates nearly 500 bank locations in 12 states across the Southeast. With more than 288 years of combined First Horizon Bank and IBERIABANK financial experience, the Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon is 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.

 


Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/louisiana-first-horizon-foundation-commits-1-million-to-affected-communities-301372618.html

SOURCE First Horizon Corporation

First Horizon Corporation

NYSE:FHN

FHN Rankings

FHN Latest News

FHN Stock Data

10.33B
524.56M
0.87%
82.72%
1.92%
Banks - Regional
National Commercial Banks
Link
United States of America
MEMPHIS