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Diversity & Inclusion at Regions

Letter from Grayson Hall, President and CEO

Grayson Hall, President and CEOAt Regions we recognize diversity and inclusion are essential for achieving and maintaining a competitive advantage, and our commitment is reinforced through our ongoing efforts to reflect, anticipate and adapt to the changing demographics of the communities where we live and work.

These efforts are supported by our senior leaders, managers and associates. We have a cross-functional network of Regions associates at all levels who work together to advance the company’s comprehensive diversity and inclusion strategy. In addition, the Regions Diversity Advisory Council, composed of various academic, community, and business leaders, offers an outside perspective on diversity and inclusion matters in the workplace and marketplace.

Our strategic approach to diversity and inclusion – inside and outside of Regions -- not only is good business, it is the right thing to do for our customers, communities, associates and shareholders.

Grayson Hall Signature

Region' diversity and inclusion initiatives and activities include:

HBCU-Regions Partnership

In the fall of 2012, Regions initiated a partnership with six Historically Black Colleges and Universities (HBCUs). The collaborative partnership, which supports financial education, student and alumni engagement and athletics, is designed in consultation with each institution to best suit their needs as we promote financial well-being for students, alumni and their communities.

The six HBCU partner schools are:

  • Alabama A&M University
  • Alabama State University
  • Florida A&M University
  • Jackson State University
  • Spelman College
  • Tennessee State University

Integrating into the fabric of the HBCU experience allows Regions to offer banking products and services that meet customers’ needs while also offering them advice, guidance and financial education. This growth opportunity for Regions is important because:

  • HBCUs have a significant impact on their communities.
  • HBCUs provide avenues for talent acquisition, helping us build the best team and develop and retain a diverse workforce while providing opportunities for recent graduates.
  • Students, alumni, faculty and staff of HBCUs as well as the communities in which they are located are important markets for Regions.
  • Meeting the financial needs of HBCU students allows us to build deep and lasting relationships as those students graduate.

The Regions HBCU Partnership includes a financial education curriculum for undergraduates; mentoring and recruiting on campus; student and alumni engagement through homecoming and athletic sponsorships; establishment of a financial education student chapter; and an executive lecture series in collaboration with HBCU business schools.

INROADS

For more than 25 years, Regions has been a sponsor of INROADS, a non-profit international career development organization for talented diversed youth. Our long-time relationship with INROADS is one way we are meeting the diverse talent needs of our company.

INROADS, Inc. has over 40 years of experience in identifying, developing and placing talented diverse youth in internships in business and industry, and preparing them for corporate and community leadership. The high-potential students are screened and selected for consideration based on the needs of our organization. After evaluating each intern, Corporate Associate Relations matches interns to an appropriate area within Regions.

Through INROADS, Regions provide business opportunities to talented, diverse students and develops a pipeline of future talent.

Management Associate Program

Regions continues to recruit and develop future leaders of tomorrow through a formal recruitment initiative called the Management Associate Program (MAP).

Through the program, high-potential college graduates are recruited from a diverse pool of colleges, including historically black colleges and universities. Once onboard, Management Associates learn about the bank's core divisions with both classroom training and hands-on experience in various departments. The training curriculum incorporates an organizational overview, financial industry knowledge, leadership development, team-building and community service projects to foster career development.

Minority Capital Markets

Regions recognizes the important role minority-owned investment banking firms play in their communities and throughout the national and international financial services market. For this reason, Regions has for years engaged these firms in its capital markets transactions, recognizing these important relationships.

UNCF-Regions Partnership

United Negro College Fund (UNCF) plays a critical role in the communities in which we operate providing students the opportunity to get the education they want and deserve. Regions Financial Corporation has a long term partnership with the United Negro College Fund to provide scholarships and financial education at historically black colleges and universities.

Regions Riding Forward Scholarships

In celebration of the contributions of African Americans past and present, Regions offers Regions Riding Forward Scholarships to high school seniors and college undergraduates who live in the 15 states where Regions does business and who will be attending college in the fall. Eligible High School seniors may apply to win a $5,000 scholarship by writing an essay about an African-American (past or present) who has inspired them. Eligible college freshmen, sophomores and juniors may apply to win a $2,500 scholarship by writing an essay about an African-American (past or present) who has inspired them and influenced their current college career.

Supplier Diversity

Regions is committed to building strong business relationships with a wide range of high-quality supply partners. It’s clear to us that many minority- and women-owned enterprises offer the quality, innovation, reliability and value that we seek. In addition, we regard these strategic relationships as good for society, good for business, and good for strengthening our competitive advantage. Our business relationships with diverse suppliers make a positive impact on the communities we serve, stimulate demand for consumer and business banking services and, ultimately, drive more value for the company. Learn More arrow

Regions Team Group Shot

Regions Diversity Advisory Council

The Regions Diversity Advisory Council is composed of academic, community and business leaders. Council members provide Regions with an objective outside perspective and offer guidance on diversity-related matters in the workplace and marketplace.

Diversity Advisory Council Members arrow

Regions Diversity Network

The Regions Diversity Network is a cross-section of associates from all levels within the company who work together to advance our comprehensive diversity strategy and create greater multi-cultural awareness inside Regions. The network provides a way to gather and distribute information and improves our ability to identify diversity-related opportunities and risks. The network meets monthly to share information and collaborate on diversity and inclusion strategies.

Celebrations

Regions recognizes the importance of celebrating and embracing differences in the workplace and the communities we serve.  National celebrations of diversity are recognized through articles, sponsorships and events throughout the year.

Calendar of Celebrations:

  • February - Black History Month
  • March - Women’s History Month
  • April - National Diversity Month
  • May - Asian-Pacific American Heritage Month
  • June - LGBT Pride Month
  • August - Women’s Equality Day
  • September - Hispanic Heritage Month
  • October - Individuals with Disabilities Awareness Month
  • November - Native American Heritage Month and Veteran’s Day
  • December - Appreciating Multi-cultural Holiday celebrations

Diversity Frequently Asked Questions

Q:  Why is diversity and inclusion important to Regions?
A:  Diversity and inclusion is important to fulfill our overall mission to Make Life Better, and we do this by living our values everyday. Valuing, managing and leveraging the diversity of all of our resources is the only way to be successful.

Q:  What does diversity mean?
A:  Diversity goes beyond race and gender to encompass ethnicity, sexual orientation, age, culture, education, gender identity, religion and many other primary and secondary dimensions and experiences that make each individual unique.

Q:  What does inclusion mean?
A:  Inclusion enables us to embrace and maintain an environment where all associates are valued for their unique differences and perspectives and helps us understand and meet the needs of all clients, suppliers and the communities we serve.

Q:  Does Regions have a senior officer responsible for diversity?
A:  Yes. The director of Corporate Social Responsibility, a senior vice president in the corporation, provides management and oversight to the organization’s diversity and inclusion strategy.

Q:  Is the composition of the Regions board of directors culturally and ethnically diverse?
A:  Yes.  Minorities and women comprise 31 percent of the Regions board of directors.

Q:  What are the differences between Equal Opportunity, Affirmative Action and Diversity?
A:  Equal Opportunity refers to employment practices that ensure nondiscrimination based on race, color, national origin, sex, religion, age, disability, veteran status or any other characteristic protected by law.

Affirmative Action is one aspect of efforts designed to achieve equal employment.
Diversity goes beyond race and gender to encompass ethnicity, sexual orientation, age, culture, education, gender identity, religion and many other primary and secondary dimensions and experiences that make each individual unique.

Q:  Does Regions have an EEO Policy?
A:  Yes. It is the policy and practice of Regions Bank to provide equal employment for all employees and prospective employees. Learn More arrow

In The News
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