Community Development and CRA

At Regions, we use our time, talent and resources to impact the financial health of the communities we serve. We focus on strengthening underserved areas and populations that often face greater barriers to financial success.

Community Development Lending & Investments

We invest in initiatives designed to primarily benefit low- and moderate-income (LMI) residents and communities:

• Fund affordable housing including single-family, multi-family, owner-occupied and rental housing
• Spur neighborhood revitalization and improve the stability and quality of life conditions
• Promote economic development through activities that support permanent job creation/retention
• Foster small business growth through activities that create and/or strengthen small businesses in LMI geographies and areas targeted for redevelopment

Community Development Services

The key ways we work to influence positive changes in our communities include:

• Provide technical support to nonprofit, tribal or government organizations serving LMI housing needs or economic revitalization and development
• Lend executives to organizations facilitating affordable housing construction and rehabilitation or development of affordable housing
• Provide credit, home buyers and home maintenance counseling, and financial planning for LMI individuals to promote community development and affordable housing
• Conduct financial education activities at schools with mostly LMI students

Community Reinvestment Act Rating

The Community Reinvestment Act of 1977 (CRA) was enacted to ensure banks serve the needs of all their communities, including the needs of LMI areas through community development activities. The last CRA exam for Regions was performed in 2016 by the Federal Reserve Bank of Atlanta, and Regions received an institutional rating of High Satisfactory for lending, investment and services.