First Horizon Bank Appoints Mike Holly to Enhance Deposit Management Leadership

First Horizon Bank Strengthens Leadership in Deposit Management

First Horizon Bank announces the appointment of Mike Holly as Senior Vice President and Head of Deposit Product Management, a move strategically aimed at enhancing the bank’s deposit strategies. Effective January 23, 2026, Holly brings over 12 years of experience in the financial services industry, having previously served as Executive Director at USAA. His tenure at USAA involved leading key initiatives focused on deposits, fee income, overdrafts, and funds availability, showcasing his comprehensive understanding of the banking landscape. Holly’s leadership experience is further complemented by his military background, having recently retired from the U.S. Air Force Reserve after more than eight years of active duty, adding a unique perspective to his role.

Becky Spinnato, Head of Product Management at First Horizon, expresses enthusiasm about Holly's appointment, highlighting his capability to drive innovation in deposit solutions that enhance client experiences. This recruitment is a strategic move within First Horizon’s broader initiative to refine its deposit offerings and maintain competitive advantages in a rapidly evolving banking environment. The bank's commitment to improving customer service through innovative products is evident, as Holly is expected to play a pivotal role in aligning services with client needs, ultimately fostering stronger relationships with customers and communities alike.

As of December 31, 2025, First Horizon boasts assets totaling $83.9 billion, reinforcing its position as a leading regional financial services provider operating across 12 states in the southern U.S. The bank offers a diverse range of services, including commercial banking, private banking, consumer banking, small business solutions, wealth management, and mortgage banking. Recognized for its workplace culture, First Horizon ranks among the nation’s best employers according to Fortune and Forbes, and is cited as a Top 10 Most Reputable U.S. Bank. This emphasis on both employee satisfaction and client service positions First Horizon as a formidable player in the financial services sector.

In summary, the strategic appointment of Mike Holly marks a significant step in First Horizon’s ongoing efforts to enhance its deposit management capabilities. By integrating his extensive experience into the bank's operations, First Horizon aims to innovate and elevate the banking experience for its clients while continuing to solidify its status as a trusted financial institution. More information about First Horizon's services and initiatives can be found on their website, www.FirstHorizon.com.