First Horizon Re-imports New Orleans Leader from Rival Bank
Event summary
- Meghan Donelon has rejoined First Horizon Bank as Commercial Banking Group Manager in New Orleans.
- Donelon previously worked at IBERIABANK (2008-2020) and Red River Bank (2021-2026).
- She held the role of New Orleans Market President at Red River Bank.
- First Horizon Bank has $83.9 billion in assets as of December 31, 2025.
- Donelon is actively involved in several New Orleans community organizations.
The big picture
First Horizon's decision to re-hire Donelon, after she spent several years at a competitor, signals a strategic focus on strengthening its commercial banking presence in the New Orleans market. This move highlights the ongoing talent war within regional banking and the importance of local market expertise in a competitive landscape. The re-import of a seasoned leader from a direct competitor suggests First Horizon is prioritizing growth and market share over cost optimization in this key region.
What we're watching
- Market Share
- Donelon's return suggests First Horizon intends to aggressively compete for commercial banking business in New Orleans, potentially impacting Red River Bank's market share in the region.
- Client Retention
- The success of this move hinges on Donelon's ability to retain and grow existing client relationships, particularly those she cultivated during her time at Red River Bank.
- Team Dynamics
- How effectively Donelon integrates her previous team members and aligns them with First Horizon’s existing commercial banking group will be a key indicator of the move’s long-term impact.
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