At Regions, we know that in an unpredictable economy, you want to be certain that your money is protected. At the same time, you’d like to see it grow. We provide options that give you federal coverage on your balances, many of which also pay you interest.
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 $135 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). FDIC insured accounts include checking and savings accounts, money market deposit accounts, CDs and deposits in IRAs. Almost all of your interest-bearing deposit transaction accounts at Regions, as well as deposits in IRAs and certain other retirement accounts, are insured to at least $250,000 per depositor.1 See below for important changes in temporary FDIC insurance coverage for transaction accounts beginning December 31, 2010.
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 FDIC insurance. 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.
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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full
by the Federal Deposit Insurance Corporation from December 31, 2010,
through December 31, 2012. This temporary unlimited coverage is in
addition to, and separate from, the coverage of at least $250,000 available
to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional
checking account or demand deposit account on which the insured
depository institution pays no interest. It also includes Interest on
Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts,
such as traditional checking or demand deposit accounts that may earn
interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of
transaction accounts, visit www.fdic.gov.
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1. The standard maximum deposit insurance amount has permanently increased from $100,000 to $250,000.