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Regions Financial Corporation

(Public)  
Banking - Financial Services
Overview

Stability matters
A bank should be a stable and vital part of your community, not just do business there.

Easier banking matters
We always keep in mind that, while life is sometimes complicated, banking shouldn't be.

Expertise matters
You can always count on your Regions banker to give you sound advice to help get where you're going in life.

Personal service matters
There's no such thing as a one-size-fits-all banking solution. That's why we work with our customers to find the right answers for their individual needs.
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History


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.

Regions Financial Corporation traces its roots back to three Alabama-based banks who became original affiliates of First Alabama Bancshares, Inc., chartered in 1970 as the first multi-bank holding company in the state of Alabama. Those three banks are: the First National Bank of Huntsville, chartered in 1856, the First National Bank of Montgomery, opened in 1871, and the Exchange Security Bank of Birmingham.

The Exchange Bank, an institution organized in Birmingham during the spring of 1928, started with capital totaling $35,000 and in 1947 moved to Tenth Avenue and 20th Street South. The new building was the most modern bank structure in the city and brought Birmingham the first drive-in teller window and the first bank parking lot. It also set the standard for other banks by being one of the most modern and customer-focused banks in the South. The Exchange Bank had grown to more than $19 million in April of 1957 when it consolidated with the Security Commercial Bank to become the Exchange Security Bank.

Diversity at Regions

Our mission at Regions Financial Corporation is to Make Life Better, and we will do this by living by our values. Valuing, managing, and leveraging the diversity of all of our resources is the only way to be successful.

At Regions, diversity goes beyond race and gender to encompass ethnicity, lifestyle, age, culture, education, religion and many other primary and secondary dimensions that make each of us unique as individuals.

Our strategic approach to diversity supports this overall mission by recognizing that developing and utilizing all of our available resources – inside and outside of the organization – are critical to meeting our business objectives.

Diversity efforts are supported by senior leaders and associates alike. In addition to having a cross-functional network of internal associates, we are also supported by the external guidance of the Regions Diversity Advisory Council composed of various academic, community and business leaders. And, we measure and report our efforts through the Corporate Diversity Index, an internal management tool.