Perennial Strategy Group News
Regions Bank contributes $1 million to tornado relief efforts in the Southeast
All Regions branches accepting donations for Red Cross Tornado Relief Fund; Bank provides assistance to customers affected by storms
BIRMINGHAM, Ala., Apr 28, 2011 (BUSINESS WIRE) --
Regions Bank (NYSE:RF) has contributed $1 million to help those affected by the devastating outbreak of tornadoes that struck Alabama and other Southern states on April 27. In addition, donations for the American Red Cross' Tornado Disaster Relief Fund will be accepted from the general public at all Regions Bank branches in the 16 states the company serves.
"Many areas have been hit hard by these storms, particularly our home state of Alabama," said Grayson Hall, President and CEO of Regions Financial. "Now is the time to reach out and offer the help and assistance people need to begin rebuilding."
In addition to donations, Regions is providing assistance to customers and businesses in storm affected areas. These include:
- Special loan offers
- Waivers on penalties for CD withdrawals
- Deferred payments on various loans
- Discounts on new business loans
- Customers who need information on assistance should contact their local branch or call 1-800-REGIONS.
Regions is also partnering with various local agencies in areas affected by the storms to provide volunteer assistance. Regions associates can work with these and other relief organizations that provide direct assistance to those hardest hit through the company's volunteer program, What a Difference a Day Makes, which provides each of our more than 27,000 associates a paid day off for volunteer work.
About Regions Financial Corporation
Regions Financial Corporation, with $132 billion in assets, is a member of the S&P 500 Index and is one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,800 banking offices and 2,200 ATMs. Its investment
and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.