After keeping a fairly low profile since its arrival in Richmond in 2008, a Memphis, Tennessee-based bank has completed its push for visibility on a busy stretch of West Broad Street.
First Tennessee Bank last week opened its new branch 6627 W. Broad St., in a newly constructed office building in the Reynolds Crossing development.
The move gives First Tennessee a visible presence alongside big-name neighbors like Altria and Genworth. It also has about three times the space of its previous office 7301 Forest Ave. It is leasing 6,000 square feet on the second floor of the two-story building and is in the process of vacating its Forest Avenue location.
It shares the building with an 18,500-square-foot Sheltering Arms rehab clinic, which also opened last month.
First Tennessee first entered the local market about seven years ago as it began expanding outside of its home state.
In Richmond, the bank focuses on private and commercial banking, wealth management and commercial real estate lending. The bank is led here by John Hopper.
The $24 billion bank is owned by parent company First Horizon. The bulk of its operations are in Tennessee, but it has expanded in recent years to Jacksonville, Florida, Raleigh and Winston-Salem, North Carolina, and Charleston, South Carolina.