MEMPHIS, Tenn., Aug. 04, 2016 (GLOBE NEWSWIRE) -- First Tennessee Bank is expanding its maternity and parental leave benefits to support employees.
For more than two decades, First Tennessee and its parent company, First Horizon National Corp. (NYSE:FHN), have been recognized as two of the nation’s best companies to work for.
Starting this month, full- and part-time employees who have been with the bank for at least six months will be eligible for expanded maternity and parental leave.
The new parental policy provides 100 percent pay for up to four weeks of leave for biological fathers, adoptive/foster/surrogate parents, and domestic partners or spouses of birth mothers.
“We are committed to supporting our employees during life events, and becoming a parent or growing a family is certainly a remarkable milestone,” said Bryan Jordan, chairman and CEO of First Horizon. “We believe that offering expanded leave for our employees as they focus on their families will build stronger relationships within our company and ultimately create stronger communities for everyone.”
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. The FTB Advisors wealth management group has 313 financial advisors and $27 billion in assets under administration. 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, FTN Financial and FTB Advisors are part of First Horizon National Corp. (NYSE: FHN), which has 4,300 employees. First Horizon has been recognized as one of the nation's best employers by Working Mother and American Banker magazines. More information is available at www.FirstTennessee.com.
Source:First Horizon National Corporation