First Tennessee Bank Transforms ATM Channel with Allpoint Network

September 14, 2024         By: Mike Dautner

First Tennessee Bank, the largest bank based in Tennessee, has joined Allpoint Network, the world’s largest surcharge-free ATM network, with 43,000 ATMs in the US.

Boasting $26.8 billion in total assets, First Tennessee is a subsidiary of First Horizon National Corp.

Allpoint Network ATMs can be found in premier retailer locations nationwide, and are within First Tennessee’s core branch footprint, as well as across the nation and in the Mid-Atlantic region where the bank has a growing presence.

Making cash access seamless for First Tennessee customers allows Allpoint to add more than 570 surcharge-free ATMs to the bank’s network in Tennessee, where it has the number one deposit market share in the state.

Dave Miller, executive vice president, Consumer Banking, First Tennessee commented, “Our customers have enthusiastically embraced the digital transformation of banking, which has heightened the need for us to enhance our self-service capabilities, including the ATM. Allpoint Network, which allows First Tennessee customers to withdraw surcharge-free cash where and when it’s easiest for them, is evidence of our focus on consistently offering a best-in-class customer experience.”

Bill Knoll, executive vice president and managing director, Allpoint said, “When First Tennessee Bank, which already has one of the highest customer retention rates of any bank in the country, adds Allpoint ATMs to its network, it is a powerful statement on how intertwined digital banking and ATMs have become in fulfilling the self-service demands of consumers. At a time when ATMs are becoming America’s source for cash, Allpoint delivers to First Tennessee customers a national ATM footprint, high quality retail locations, and an unrivaled density of convenient cash access points.”