Mike Holly Takes On a Key Role at First Horizon Bank as Head of Deposit Product Management

On January 23, 2026, First Horizon Bank (NYSE: FHN) announced the appointment of Mike Holly as Senior Vice President and Head of Deposit Product Management, a significant move for both Holly and the organization. This prestigious role sees Holly overseeing a dedicated product management team in Charlotte that is committed to refining and optimizing deposit strategies for both consumers and small businesses.

Mike Holly comes to First Horizon with an impressive track record of over 12 years in the financial industry, primarily accumulated during his tenure at USAA. His last position was as Executive Director, where he was responsible for Deposits Fee Income, Overdraft, and Funds Availability, among other product management leadership roles. Holly's extensive experience makes him a vital asset for the bank as it strives to enhance its offerings.

Additionally, Holly brings a strong background in leadership from the U.S. Air Force Reserve, where he recently retired after more than eight years of active service in the Air Force. This combination of military discipline and financial acumen is expected to have a positive impact on the bank’s operations and culture.

In welcoming Holly to the team, Becky Spinnato, Head of Product Management at First Horizon Bank, expressed her confidence in his ability to elevate customer experience. "We are pleased to have Mike on board as an accomplished leader who will help us continue to enhance the client experience through competitive and practical deposit solutions," Spinnato stated.

First Horizon Bank, a leading regional financial services company, boasts assets totaling $83.9 billion as of December 31, 2025. With its headquarters in Memphis, Tennessee, the bank provides a range of services including commercial, private banking, and wealth management across twelve states in the southern United States. Its commitment to supporting clients, communities, and associates is a core aspect of First Horizon’s business philosophy.

The bank has also been recognized among the best employers in the nation by several reputable organizations, including Fortune and Forbes magazines, which speaks to its strong reputation in the financial sector. As Holly steps into his new role, he is expected to contribute significantly to First Horizon's commitment to offering innovative financial solutions tailored to the needs of their diverse clientele.

As the banking landscape continues to evolve, the appointment of strong leaders like Mike Holly indicates First Horizon Bank's strategic focus on maximizing client satisfaction and maintaining a forefront position in the competitive financial market. With a robust team and a clear vision, First Horizon seems well-equipped to navigate future challenges and opportunities within the banking industry.

Topics Financial Services & Investing)

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