Retail and Commercial Banking
The bank operates over 1,900 branches and a 2,500-ATM network across a 16-state geographic footprint: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas and Virginia.
Commercial banking at Regions has expanded to mean not only increased lending capacity and a responsive credit approval process, but enhanced treasury management and international products, as well. Regions offers its commercial banking customers a full range of capital markets and investment banking products and services, as well as permanent loan placements, public finance, corporate finance and merger and acquisition products and services, and risk management products such as interest rate derivatives.
Brokerage, Investment Banking, & Trust
Regions provides investment and brokerage services from almost 400 offices of Morgan Keegan & Company, Inc., one of the nation's largest full-service investment firms with more than $76 billion in customer assets. Morgan Keegan, a member of the New York Stock Exchange and SIPC, offers comprehensive investment banking and wealth management services to meet the diverse financial needs of individual investors, corporate and institutional clients throughout the United States and abroad.
Regions Morgan Keegan Trust, with over $82 billion in assets, is the trust and asset management unit of Regions, and includes the RMK Timberland Group which manages more than 1 million acres. Morgan Asset Management is the investment advisor to Regions Morgan Keegan Trust and the $7 billion Regions Morgan Keegan Select Fund mutual fund family. With locations throughout the South, Morgan Asset Management manages more than $36 billion for institutions and high net worth individuals. Regions Morgan Keegan Trust and Morgan Asset Management operate as part of Regions' subsidiary Morgan Keegan & Company, Inc.
Mortgage
Regions Mortgage is one of the nation's top residential mortgage loan originators and servicers. The balanced, focused mortgage business offers a full array of residential mortgage products and services through its retail and correspondent lending channels.
Insurance
In 2004, Regions Financial Corporation created Regions Insurance Group, Inc., the corporate structure for all of the company's insurance-related subsidiaries. Through its insurance brokerage operations in Mississippi , Alabama , Indiana , Tennessee , Texas , Missouri , Arkansas and Louisiana, Regions Insurance Group offers all lines of personal and commercial insurance, including property, casualty, life, health and accident. Regions Insurance Services offers credit-related insurance products (title, term life, credit life, debt cancellation, environmental, crop and mortgage insurance) to customers of Regions. With $91 million in annual revenues and 30 offices in eight states, Regions Insurance Group is one of the largest bank-owned insurance brokers in the United States.
Facts About Regions
- Regions, which trades on the New York Stock Exchange under ticker symbol RF, ranks on both the Forbes “Platinum 400” listing and Fortune 500 listing of America 's largest companies.
- Regions is ranked in the Top 10 on Fortune's 2007 list of the Most Admired Superregional Banks in the United States.
- The U.S. Small Business Administration consistently ranks Regions as one of the top small business-friendly financial services providers in the country.
- Regions is a member of the Identity Theft Assistance Corp., a non-profit consortium of financial institutions piloting an Identity Theft Assistance Center (ITAC) that helps fight identity theft and assists consumers who have been affected by the crime.
- Regions' shareholders have received increased cash dividends for 37 consecutive years.
- Regions is a member of the S&P 100 Index.