8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                            -------------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15 (d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of report (Date of earliest event reported) - April 28, 2000

                      FIRST TENNESSEE NATIONAL CORPORATION
               (Exact Name of Registrant as Specified in Charter)

TENNESSEE                               000-4491             62-0803242
(State or Other Jurisdiction           (Commission           (IRS Employer
of Incorporation)                      File Number)          Identification No.)


                          165 MADISON AVENUE
                          MEMPHIS, TENNESSEE                       38103
               (Address of Principal Executive Office)           (Zip Code)

Registrant's telephone number, including area code - (901) 523-4444


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ITEM 5.  OTHER EVENTS.

         On May 1, 2000 the Company announced the sale of the HomeBanc Mortgage
Corporation division of its subsidiary, First Horizon Home Loan Corporation. A
copy of the press release discussing the sale, which is attached as Exhibit 99,
is incorporated herein by reference.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

         (c) Exhibits

             The following exhibits are filed herewith:




         Exhibit Number             Description
       ------------------           ---------------------------------------
                                 
             99                     Press Release, dated May 1, 2000.









                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                   FIRST TENNESSEE NATIONAL CORPORATION

Date: May 2, 2000               By:  /s/ ELBERT L. THOMAS, JR.
                                     -------------------------------------------
                                     Name: Elbert L. Thomas, Jr.
                                     Title: Executive Vice President and
                                     Chief Financial Officer


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                                  EXHIBIT INDEX




Exhibit
Number                Description
- -------               ---------------------------------------------------
                   
99                    Press Release, dated May 1, 2000.

EX-99

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                                                                      Exhibit 99

                First Tennessee Sells HomeBanc Mortgage Division

MEMPHIS, Tenn. ---- First Tennessee National Corporation announced today that
its mortgage banking affiliate First Horizon Home Loan Corporation ("FHHLC")
signed and closed a sale of its HomeBanc Mortgage division to an investor group
led by GTCR Golder Rauner LLC of Chicago and Patrick S. Flood, HomeBanc
president.

HomeBanc has been a part of First Horizon Home Loans since July 1995. First
Tennessee's mortgage divisions have previously operated under their respective
pre-acquisition names. James B. Witherow, President and CEO of FHHLC said,
"We've made a substantial investment in our roll-out of our national brand,
First Horizon Home Loans. We feel that a unified national brand is vital to our
strategy of being All Things Financial and eliminating confusion for our
customers, while enhancing our ability to market additional products from our
sister companies under the First Horizon Brand. Pat Flood and his management
team have certainly built brand recognition and dominant market position with
the HomeBanc name. That group feels strongly about the HomeBanc brand and
desires to continue forward with it. They have backed up their commitment by
putting together an experienced investor group that has paid a fair price to us
for this franchise. First Horizon will continue to operate in the Georgia and
Florida markets."

Patrick S. Flood, formerly Divisional President and now President and CEO of the
newly independent HomeBanc Mortgage Corporation, said, "This is truly a win-win
situation for both companies. I have the greatest respect for First Horizon and
the great team there in Dallas; after all, we've been part of the family since
1995. Making this move will allow those of us who have helped build the HomeBanc
brand name over the years to continue to excel and prosper with the execution of
our business plan. We're expecting great things to happen".

The sales price paid for the franchise was approximately $57.5 million in cash
and is expected to result in a one-time gain of about $42 million. This gain
gives FTNC the opportunity to evaluate various alternatives, which are expected
to improve profitability beginning in 2001. The result of implementing these
alternatives coupled with the sale of HomeBanc is not expected to have a
significant impact on FTNC's 2000 earnings.

First Tennessee Bank National Association is the principal subsidiary of First
Tennessee National Corporation. FTNC (NYSE: FTN), is a nationwide, diversified
financial services institution and is one of the 50 largest bank holding
companies in the U. S. in asset size and market capitalization. The
corporation's All Things Financial promise is fulfilled through the regional
banking group and three national lines of business: First Horizon Home Loans,
First Tennessee Capital Markets, and transaction processing. Transaction
processing includes First Horizon Merchant Services, the MONEY BELT automated
teller machine network, the nationwide check clearing operation First Express,
and other transaction-oriented cash management products. For more information
visit www.firsttennessee.com