Regions is a financial banking institution that was first formed as First Alabama Bancshares Inc. in 1971. It was originally comprised of three Alabama banks that joined together to form a multibank company, and now they have expanded to locations all over the country. According to Regions’ website, Regions merged with Birmingham-based AmSouth Bancorporation in 2006 and is now one of the top banks in the United States.
Regions has online banking as well as a mobile app which allows you to access your account remotely. You can also use it to manage your home loans, pay bills, and transfer money.
Regions has a variety of tools for small business owners who choose to use Regions for their banking needs. They provide a Financial Education seminar program to help businesses and their employees better understand finances. Regions also offers a CashCOR, which is a tool to help small business owners optimize their cash cycle.
Regions has an extensive FAQ page that answers commonly asked questions, making it easy to get answers without having to call a help desk. Regions also has “Helpful How-To Guides” that explain how to do certain banking tasks step-by-step. Additionally, there are “Introductory Help Videos” that walk customers through tasks, such as transfers, payments, and customer service assistance.
Although Regions seems to have a lot of mortgage loan options, it does not list the possible interest rates online for these loans, which may frustrate potential customers.
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