REGIONS' PROVEN RECORD OF STABILITY
Regions traces its roots to founding banks established as far back as 1856. We have a long history of meeting our customers' expectations, and we have only gotten stronger through the years. Today, Regions is one of the top financial institutions in the U.S., with $142 billion in assets. With our diverse revenue streams and fundamentally sound banking practices, we are well-positioned to fully serve you and protect your deposits even in challenging financial times.
WHAT THE FDIC PROTECTS
Your Regions deposits are protected up to the insurance limit by the Federal Deposit Insurance Corporation (FDIC). Your Regions deposits – including checking and savings accounts, money market deposit accounts, CDs and IRAs – are currently protected by FDIC insurance up to $250,000 per depositor.1 The FDIC has also set unlimited coverage for particular types of accounts through 2009:
- All funds in non-interest-bearing deposit transaction accounts regardless of the amount.1
- Funds in particular types of interest-bearing checking accounts in which Regions has committed to pay no more than 0.50% through December 31, 20092.
- All Interest on Layers Trust Accounts (IOLTAs), regardless of the rate
This information and much more, including an insurance coverage calculator, can be found online at the FDIC website, http://www.fdic.gov/deposit/index.html
REGIONS HAS YOU COVERED
Regions offers personal and business accounts that suit your needs and qualify for the unlimited FDIC guarantee. Plus these accounts come with many other great features that give you added benefits. Your Regions Banker would be happy to sit down with you to discuss your particular needs.
1. On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009. Regions Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
2. Interest rates and Annual Percentage Yields are subject to change daily. The interest rate on certain accounts will not exceed 0.50% through December 31, 2009. Minimum daily balance requirement applies in order to avoid monthly fee. See applicable pricing schedule for requirements. Fees could reduce earnings on accounts. Accounts are available to individuals, sole proprietors, charitable and not-for-profit organizations, and public entities.