"We're with you." Regions Bank and the Regions Foundation Announce Storm Response
Regions Bank and the Regions Foundation on Thursday announced steps to support people, businesses and nonprofits following severe storms and destructive tornadoes that impacted Southern states beginning Friday, March 24 and lasting into the following week.
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Regions Bank and the nonprofit Regions Foundation announced a comprehensive response supporting communities impacted by recent severe storms and destructive tornadoes. (Graphic: Business Wire)
The storm response is based on two key elements:
"Over the last several days, Regions teams have been calling on people and businesses we've served for years. We're listening to ways we can help, and we're sharing financial insights as well as our sincere concern and support for all communities that have been impacted," said Robert Leard, Mississippi Commercial Banking leader and Metro Jackson market executive for Regions Bank. "Our teams here in Mississippi join with fellow Regions Bank teams in Alabama, Georgia, and Southern Middle Tennessee - as well as our colleagues at the Regions Foundation - in standing with our customers and communities. We'll get through this difficult time together."
Regions Foundation Grants:
The Regions Foundation is an Alabama-based nonprofit initiative that is funded primarily by Regions Bank. In addition to long-range community development funding, the Regions Foundation provides disaster-relief grants when areas are impacted by natural disasters.
This week, the Regions Foundation approved a total of $60,000 in grant funding to help various communities affected by recent tornadoes. From the $60,000 total, individual grants will include:
Disaster-Recovery Financial Services from Regions Bank:
Separately, Regions Bank designed financial services to help consumers and businesses. Options available for a limited time in specific portions of Mississippi, Alabama, Georgia and Tennessee1 include:
"Beyond these services, one of the most important ways we can help is by simply listening. We're ready to offer one-on-one guidance based on the unique needs of our customers," said Sharon Hightower, Consumer Banking regional executive for Regions Bank. "We have experience providing financial guidance after natural disasters. We have advice that can help. And, most importantly, we care deeply about our communities. Our message is simple: We're with you. We're here for you. And we want to be of service."
In addition to mobile and online banking services and Regions' local branch networks, the bank has dedicated teams available to help customers with needs related to the following services:
The bank also makes disaster preparedness and recovery information available online at www.regions.com/DisasterRelief.
About The Regions Foundation
The Regions Foundation supports community investments that positively impact the communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $155 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
1 Offers are available for a limited time and only to individuals and businesses affected by the recent disaster(s) in the following ZIP codes: 31822, 31833, 35630, 35640, 36075, 37334, 38721, 38748, 38753, 38754, 38765, 38821, 38825, 38844, 38848, 38858, 38860, 38870, 38917, 38923, 38924, 38930, 38943, 38947, 38954, 38967, 39038, 39054, 39061, 39097, 39115, 39159, 39166, 39176, 39730, 39746, and 39756. Offers may be subject to other exclusions and restrictions and are subject to change without notice. All loans and lines, deferrals, extensions or forbearances may be subject to required documentation and credit approval. Residency restrictions may apply. Special loan interest rates may be determined by applicant's credit profile and may not extend to products offered by third parties, such as Avant.
2 All loans and lines of credit are subject to terms and conditions, fees, documentation requirements, and credit approval.
3 The FEMA check-no-cashing fee offer is available only to Regions customers; if you are not a Regions customer, you must enroll in Now Banking. No checking account is required to enroll in Now Banking. Regions reserves the right to refuse to cash any check.
4 May be subject to credit approval. Interest will continue to accrue during the period that the payment is skipped or deferred. For installment loans, deferring or skipping payment may extend the maturity of your loan but will not automatically extend any optional insurance. Forbearances, skipped payments and deferrals (a) may vary by customer, (b) postpone - rather than forgive - certain payment obligations and (c) may require payment in full of the postponed payments at the end of the forbearance or deferral period, in addition to any other amounts that come due, unless you make other arrangements with Regions to resolve the delinquency.
5 New personal unsecured loan rate discounts may not be combined with other special offers or discounts.
6 Auto loan rate discount of up to 0.50% includes 0.25% disaster relief rate discount with an additional 0.25% rate discount when you enroll in auto debit payments from an existing Regions checking account. Auto loan rate discounts cannot be combined with other special offers or discounts.
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