MEMPHIS, Tenn., Dec. 9, 2015 (GLOBE NEWSWIRE) -- Tennessee's largest home-state bank has partnered with the global financial dignity nonprofit Operation HOPE to offer free financial literacy workshops and one-on-one financial counseling at HOPE Inside offices, which are now open at two First Tennessee Bank branches in Nashville. First Tennessee also operates two HOPE Inside locations in Memphis.
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The first Nashville locations to offer the innovative program are First Tennessee's Inglewood and East Nashville branches, located at 3518 Gallatin Pike and 965 Woodland Street. First Tennessee's HOPE Inside locations in Memphis are at the Crosstown branch at 1338 Union Ave. and the Orange Mound branch at 2284 Lamar Ave.
"First Tennessee has been around for close to 152 years, and we're very focused on being a supportive part of the communities we have the opportunity to live in, work in and serve," said Bryan Jordan, chairman and CEO of First Tennessee's parent company, First Horizon National Corp. (NYSE: FHN ), at the HOPE Inside opening at the East Nashville branch. "With our longstanding focus on financial literacy, this partnership with Operation HOPE is a perfect fit for us. We've helped hundreds of people with our HOPE Inside efforts so far, and we're committed to building this effort across Tennessee."
The HOPE Inside workshops at First Tennessee offer information about consumer rights, family budgeting, improving credit scores, paying off debt and saving money. One-on-one follow-up counseling sessions are available to workshop attendees. All services are offered to the public free of charge.
"Operation HOPE believes that so-called poor neighborhoods are simply emerging markets. We all come from some place and we all make mistakes, but that doesn't mean we can't be redeemed," Operation HOPE founder, Chairman and CEO John Hope Bryant said during the grand opening activities. "We're going to teach people how to fish and we're going to deliver 'silver rights' across racial, rural and urban lines and we're going to do it from a base of this place called First Tennessee."
For more information on Nashville workshops, contact First Tennessee's HOPE Inside counselor Kenneth DeJarnette at (615) 258-4775 or kenneth.dejarnette@operationhope.org . For more information on Memphis workshops, contact First Tennessee's HOPE Inside counselor Sherita Goodman at (901) 485-0511 or sherita.goodman@operationhope.org .
In addition to the HOPE Inside programs at First Tennessee, HOPE financial counselors can also provide workshops through community groups and employers.
HOPE Inside is part of Operation HOPE's national initiative, Project 5117, to empower underserved communities. Project 5117 is supported by a national alliance of partner organizations including the U.S. Consumer Financial Protection Bureau (CFPB). Through P5117, Operation HOPE seeks to make a measurable difference in youth and adult financial empowerment nationwide.
About First Tennessee
First Tennessee Bank is the largest bank headquartered in Tennessee, with the number one deposit market share in Chattanooga, Knoxville, Memphis and the Tri-Cities and a top-five deposit market share in Nashville. First Tennessee was founded during the Civil War in 1864 and has the 14th oldest national bank charter in the country and one of the highest customer retention rates of any bank in the country. First Tennessee and FTN Financial are part of First Horizon National Corp. (NYSE: FHN ), which has 4,200 employees. First Horizon has been recognized as one of the nation's best employers by Forbes, Working Mother and American Banker magazines. More information is available at www.FirstTennessee.com .
About Operation HOPE
Since 1992, Operation HOPE has been moving America from Civil Rights to Silver Rights by providing financial and economic empowerment tools and services, earning it the distinction as the nonprofit private banker for the working poor. Through its core programs, HOPE has provided financial dignity and economic empowerment to over 2.6 million individuals worldwide, turning check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners and minimum wage workers into living wage consumers. To learn more about Operation HOPE visit www.operationhope.org , follow Twitter: @operationhope or visit Facebook: Operation HOPE.
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Kim Cherry (901) 523-4380 James Dowd (901) 523-4305
