FIRST TENNESSEEHeadquarters: MemphisEmployees: 4,800Branches: 180Customers: About 471,000
iPhone users finally can kiss the bank teller goodbye, as a new mobile check deposit application strips away one more reason to visit the local vault.
First Tennessee Bank this week became the first regional bank in the state to offer mobile check deposits, through a method that uses the device camera to scan both the front and back of a physical check and upload it from anywhere, anytime.
“Businesses have had this technology for years, but now the technology has advanced to where we can give it to all our customers,” said Keith Sanford, market president of First Tennessee.
The process takes about a minute, far quicker than going to a branch, Sanford said