WINSTON-SALEM, N.C. (MARCH 8, 2018) – First Tennessee Bank/Capital Bank today announced a new executive hire in the Triad market as the bank continues to expand its regional private banking market presence. This is a key growth area for the bank as record numbers of business owners and high net-worth individuals seek wealth management guidance.
Andrew Holmes will join the 153-year-old financial institution as vice president, private client relationship manager in its Winston-Salem office. Holmes, a native of Winston-Salem, began his career in the financial services industry in 2007 and has extensive experience in the retail and private banking sector. At First Tennessee Bank/Capital Bank, Holmes will focus on providing financial services, including business decisions, family needs, retirement savings, and investments to private clients.
Holmes spent the last six years assisting high-net-worth clients with in-depth financial planning. Throughout his career, he has received multiple accolades and honors for his successful client relationship management skills. Holmes received his Bachelor of Arts degree from the University of Tennessee. In the local community, he is involved with the Second Harvest Food Bank of Northwest N.C. and Hospice.
“Andrew is a well-respected and accomplished banker in the region, and we are pleased to welcome him to our First Tennessee Bank/Capital Bank team,” said Steve Koelsch, First Tennessee Bank/Capital Bank’s Triad Market President. “We are confident his local experience and superior customer service will be a great benefit to clients and their financial needs.”
First Tennessee Bank, part of the Memphis, Tennessee-based First Horizon family of companies, recently merged with Charlotte-based Capital Bank to become the fourth-largest regional bank in the Southeast, with more than $40 billion in assets and 350 branches. Operations in Mid-Atlantic markets will operate under the Capital Bank name after May.
First Tennessee Bank recently received multiple awards for outstanding service for business banking from Greenwich Associates, a global provider of market intelligence and advisory services to the ﬁnancial services industry, as part of the group’s 2017 Greenwich Excellence Awards. First Tennessee Bank received eight national awards in the Middle Market Banking category, 11 national awards in the Small Business Banking category, and four regional (south) awards.
About First Tennessee and Capital Bank
Our First Tennessee and Capital Bank brands have the largest deposit market share in Tennessee, more than 350 branches across the southeast U.S., and one of the highest customer retention rates of any bank in the country. We have been ranked by American Banker as No. 5 among the Top 10 Most Reputable U.S. Banks. We were founded in 1864, have the 14th oldest national bank charter in the country, and have one of the highest customer retention rates of any bank in the country. Our FTB Advisors wealth management group has over 300 financial advisors and about $30 billion in assets under administration. FTN Financial, with 28 offices across the U.S., is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in the U.S. and abroad. First Tennessee Bank, Capital Bank, FTB Advisors, and FTN Financial are part of First Horizon National Corp. (NYSE:FHN). We have been recognized as one of the nation’s best employers by Working Mother and American Banker magazines and the National Association for Female Executives. More information is available at www.FirstTennessee.com.
Category: Press Release