2022 Shared Value Report

Regions Bank® is committed to making life better for customers, associates and communities by creating shared value as we help them meet their financial goals and aspirations.

Committed to inclusive prosperity

Community Engagement Strategic Priorities

Economic and community development

  • Affordable housing
  • Job creation
  • Small business development
  • Neighborhood revitalization

Education and workforce readiness

  • College and career readiness
  • Educational access and success
  • Credentials and employment
  • Educator training and resources

Financial wellness

  • Financial education for youth, adults, and vulnerable populations
  • Financial planning resources

Invested in community success

In the past three years, Regions Bank and Regions Foundation®1 invested in initiatives that strengthened local communities.

  • $14.1 billion
    in community development2 from Regions Bank
  • $74 million
    in community giving and chamber support from Regions Bank
  • $16 million
    in grants and investments from Regions Foundation
  • 165,000 hours
    in Regions Bank associate volunteer time and community service

2022 Investments

Philanthropic and community giving

$22 million in contributions and sponsorships:

  • $19 million from Regions Bank
  • $3 million from Regions Foundation

Supporting United Way

$7.2 million in donations to over 150 United Way agencies:

  • $5.1 million from Regions Bank associates
  • $2.1 million from Regions Bank
  • $75,000 from Regions Foundation

Regions Associates in Action℠

74,000 hours of volunteer and community service by Regions Bank associates.

Diversity, Equity and Inclusion (DEI)

Regions Bank pledges to stand together, embrace differences and foster a culture of inclusion. In 2022, the bank’s recognitions and activities include:

  • Best Place to Work for Disability Inclusion by the American Association for People with Disabilities Disability: IN.
  • Best Place to Work for LGBTQ+ Equality by Human Rights Campaign Foundation.
  • 2023 Top 10 Military Friendly Brand.
  • Invested more than 17,000 hours in building Regions associates’ DEI acumen.
  • Engaged 19 Regions associate-led DEI Networks to build deeper connections, greater understanding and a stronger sense of belonging.

Advancing racial equity and economic empowerment

Collectively, Regions Bank and Regions Foundation provided $31.7 million3 in giving, lending and investments to help foster racial equity and economic empowerment for communities of color — more than doubling a 2-year pledge of $12 million from July 2020 to June 2022.

Created shared value

Regions Bank and Regions Foundation are proud to work alongside Regions Bank associates and community partners, in helping people and local businesses take the next step toward their goals. Below are some highlighted outcomes in 2022.

  • $ 1.1 billion
    in small business and farm lending from Regions Bank
  • $1.4 billion
    in community development lending from Regions Bank
  • $12 million
    in medical debt abolished through a special Regions Bank grant
  • $173 million
    the dollar value of resources offered to small businesses through Regions Bank grants
  • 2.1 million
    people received financial education from Regions Bank
  • 430,000
    students increased their academic competency through Regions Bank grants
  • 15,000
    people found permanent employment through Regions Bank grants
  • 9,800
    affordable housing units repaired or rehabilitated through Regions Bank grants

Fostered entrepreneurship and strengthened businesses

Regions Bank helped businesses succeed and inspire the next generation of entrepreneurs by:

  • Increasing access to capital through bank lending and equity investments to community development financial institutions (CDFI) and minority depository institutions (MDI)
  • Providing technical expertise and support from Regions Bank associates
  • Entering into an agreement with seven CDFIs allowing their customers to use the Regions ATM network without paying the industry-standard out-of-network fee
  • Sponsoring entrepreneurship training and small business workshops

Increased affordable housing

The Regions Foundation made a $5 million Mission Related Investment in Center Creek Capital Group, an organization that is actively addressing affordable housing needs across the southeast United States. The investment helped the organization expand high-quality affordable housing options for traditionally underserved low- or moderate-income residents.

Supported people with disabilities

Helping individuals with disabilities achieve their goals continues to be a priority for the bank. In addition to providing accessible products and services to customers, Regions Bank associates delivered free financial education seminars to more than 300 people with disabilities. The Regions Foundation continued its support of workforce readiness programs for people with disabilities, including a job training program for people with vision loss.

Past reports

Review previous Environmental, Social, Governance and Community Engagement reports.