First Horizon (Formerly Capital Bank & First Tennessee) To Merge With IBERIABANK

Today it was announced First Horizon (formerly Capital Bank & First Tennessee) will merge with IBERIABANK in an all stock merger of equals. The combined bank will operate under the First Horizon name. This is actually bad news for readers of this site as both First Horizon and IBERIABANK frequently offer bank account bonuses and this means you’ll be limited to doing one of these bonuses instead of previously being able to do both (depending on where you’re located).