Regions Financial Corporation, with $125.3 billion in assets, is a member of the S&P 500 Index and one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,899 banking offices and 1,900 ATMs.
Regions Financial Corporation was formed in 1971 as First Alabama Bancshares Inc., Alabama’s first multibank holding company. With the combination of three well-respected banks, the holding company began operations with a total of $543 million in assets and 40 banking locations in Birmingham, Huntsville and Montgomery. The company was renamed Regions Financial Corp. in 1994 to better reflect its growing presence throughout the South. Its merger with Memphis, Tenn.-based Union Planters Corp. took place in July 2004, creating a Top 15 U.S. bank. Its merger with AmSouth Bancorporation on November 4, 2006, created a Southeast-based financial powerhouse ranking as one of the top 10 banks in the nation. Serving some 4 million households throughout the South, Midwest and Texas, Regions is a full-service provider of retail and commercial banking, wealth management, mortgage and insurance products and services.