Regions Bank was founded as First Alabama Bancshares in 1971. A focus on innovative technology and exceptional customer experiences has had to be established alongside the usual services one would expect at a branch. Two brand new Regions branches opened in the Atlanta metro in March this year, offering customers the very latest in advanced features and services, including the video banking ATMs, as well as DepositSmart ATMs (which accept deposits and cash checks at time of day or night), and facial recognition and fingerprint technology for safe deposit box users. U.S. employers added 199,000 jobs in December as the unemployment rate fell to 3.9%, marking a second consecutive month of disappointing numbers. privacy and security policies and procedures. policies and security at the linked website may differ from Regions' The privacy On April 28, these are the five branches closing in Alabama: In 2016, Regions closed nine Alabama branches, although two of those were remote drive-through locationsand not full-service branches. "A lot of banks have utilized the pandemic to justify downsizing even more," Jackson says. JPMorgan Chase & Co. opened the most branches in 2021 with 169 new locations, significantly outpacing the 53 openings for the No. policies and procedures. On net, U.S. banks shuttered 2,927 branches last. (To put that number, which doesn't include temporary closings due to COVID-19, into context, 1,391 branches closed in 2019.) Regions is committed to helping you navigate the economic environment brought about by the coronavirus (COVID-19) crisis. The Pittsburgh-based bank may close as many as 120 branches in 2021. That same year, more than 40% of rural customers made at least 10 visits to the bank. Media outlets reported recently that HSBC Holdings(HSBC -0.71%) is planning to wind down its U.S. banking operations through a sale or closure, and it's probably about time. Your support makes this possible. Banks have been permanently shuttering branches for years, but the number of closures hit a record in 2020 as the pandemic accelerated the move by many customers to online banking. PNC Financial Services Group (PNC -0.01%), another big regional bank, also recently made a big purchase, so I would rule them out for now as well. On the heels of Capital One Bank announcing the closure of two branches (including downtown) in April, Regions Bank is also announcing they intend to move the services of the downtown branch to Line Avenue as of May 21. Download Regions Financial to Announce Fourth Quarter and Full Year 2021 Financial Results on Jan. 20, 2022 - PDF, opens in a new window. Customer information provided in order to set up this appointment will Their corporate headquarter's address is listed as: 1900 5th Ave N in Birmingham Alabama. Below you will find ratings, reviews, corporate information, directions, ABA routing numbers, online banking website, and branch locations. Getting an answer turned out to be less simple than one might have imagined. So if you go to Trumann, Ark., on a payday Friday, there are going to be 10 people deep in the line. Brian Wallace said he had been the branch manager at the Bankhead Street Regions branch for six years. The bank has 289 branches in Florida and close to 100 branches in Texas. But people who need a local physical branch may find nothing. The Motley Fool has no position in any of the stocks mentioned. This list includes banks which have failed since October 1, 2000. The banks continued to operate independently until revised regulations forced a formal merger in 1985. The Regions drive-through facilities, like those of other area banks, had been open during regular hours throughout the pandemic. HORSLEY: That could make it harder for small businesses in those neighborhoods to get a loan or cash to make change for their own customers. From August 2018 through July 2021, Regions charged customers surprise overdraft fees on certain ATM withdrawals and debit card purchases. Over the last five years, foot traffic in banks has declined by about 35%. You'll see us continue to do that. Regions Bank branches in Houston and Ripley, Mississippi, were closed during the same time the New Albany branch was closed. And then, of course, those payday lenders come in and that just perpetuates a cycle of low income because consumers spend inordinate amounts just managing their financial services.". As a result, over the past 12 months . If youre having difficulty making payments on your auto loans, call 1-866-298-1113 to speak to a representative. privacy policies and security at the linked website may differ from Regions privacy and security The FDIC insures deposits; examines and Learn more about applying for PPP Loan Forgiveness. $25 for closing your account within 180 days of opening . Cultural District Sales & Use Tax Exemptions, Shreveport / Caddo Unified Development Code, Downtown Shreveport Development Corporation, Leonidas Polk Spreads Episcopalianism in Louisiana. A courteous and friendly woman answered a call from NEMISS.NEWS mid week. With more than $170 billion in total assets at the end of 2020,KeyCorp (KEY -1.62%) is the 20th largest bank with a presence in the U.S. That includes custodian banks, investment banks, and credit card companies. We were told that Regions was working on a plan that would avoid completely closing branches as the coronavirus pandemic continues in future months. The bank ended 2020 with more than $147 billion in assets. The Bank Name Bank. FDIC National Survey of Unbanked and Underbanked Households, Quarterly Banking Closing Date Closing. Barclays closed the highest number of bank branches in the United Kingdom between 2019 and January 2023, and it plans to close a further 41 branches by the end of 2023. HORSLEY: That kind of alternative will be increasingly important as more bank branches close. Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama. Fifth Third Bancorp was the largest net closer in January with 42 closings and no openings after being the largest net opener in December 2021. More than 200 JPMorgan Chase branches were closed across the nation in 2020, records show, with Capital One closing nearly 100 branches. Since its inception, the bank has accumulated over 1,454 branches and 2,200 ATMs available for its customers to use. Workers from others of the 1,454 Regions branches would keep open a branch in which an employee has possibly been exposed to coronavirus. Those branches are: "We had a number of consolidations in the 2016 and opened relatively few branches in 2016," CEO Grayson Hall said on the call. important initiatives, and more. Source: Author's calculations using S&P Global Intelligence, SNL Branch Analytics How will Increased Closures affect Access to Financial Services? Its net interest margin, the difference between what the bank makes on interest-earning assets such as loans and what it pays out on interest-bearing possibilities such as deposits, ended 2020 at 1.16%. policies and procedures. You should consult Challenge, Quarterly Banking Profile for Fourth Quarter 2022, Quarterly Banking Profile for Third Quarter 2022, FDIC Releases 2021 National Survey of Unbanked and Underbanked Households, Financial It's part of a years-long trend toward online banking. The company reportedly holds assets totaling $133.5-billion in 2020 and reported shareholder equity of $15.4-billion 2018. We had several branches here in Birmingham that had to close.. HORSLEY: Moorhead is still an important tourist stop on the Mississippi blues trail, but its commercial clout has declined over the decades. The Video ATMs serve all the usual functions of an ATM, but with the added feature of being able to speak to a bank representative directly via video conferencing technology. What is now known in New Albany as Regions Bank was originally founded as Bank of Commerce. ". Banks across the country shuttered a record 2,927 branches in 2021, according to an S&P Global Market Intelligence report published Thursday. The aggregate value of bank takeovers exceeded $77 billion last year, the highest level since 2006, according to S&P Global. Employers added 943,00 jobs in June. About Regions . Regions Bank has 1304 banking locations. In 2020, fee income at KeyCorp made up 39% of its total revenue. policies and procedures. A total of more than 1,000 had opened. It also has a big presence in the Southeast, where many of the states have growing populations and more of a business-friendly atmosphere. only be used to service this appointment. If youre having difficulty making payments on your small business credit cards, call 1-866-298-1113. It rang 15 times, and we were about to hang up when a courteous woman answered in Birmingham. Just as some places are food deserts, neighborhoods with no groceries, NPR's Scott Horsley reports on the risk of bank deserts. "The reality is, the vast majority of the activity that happens in a branch is not revenue generating," said Steven Reider, who as president of the consulting firm Bancography advises banks on branch locations. She answered promptly, politely and truthfully: I dont know.. Those include: Citizens National Bank (330 Marshall Street in the Beaird Building), Origin Bank (308 Market Street), Bancorp South (418 Travis Street in Mid South Tower), Iberia Bank (301 Texas Street), Business First Bank (800 North Spring Street), Community Bank of Louisiana (400 Travis in the Beck Building), Home Federal Bank (624 Market Street) Red River Bank (601 Market Street) and the Barksdale Federal Credit Union (519 Market Street). privacy disclosures at the linked website for further information. WesBanco has closed 15 branch locations during the last three years. Regions does not monitor the linked website and has no responsibility government site. Make an appointment Find a branch Banking resources and support for businesses Paycheck Protection Program The SBA's Paycheck Protection Program (PPP) ended May 31, 2021. All Rights Reserved. in Anniston, The South Oates branch, located at 1006 South Oates Street in Dothan, The Moffett at Schillinger branch, located at 3480 Schillinger Road North in Semmes, The Greensprings Carr Ave. branch in Birmingham, The Inverness Center Drive branch in Birmingham, The Hobbs Street Remote Drive-thru in Athens, The University Mall Remote Drive-thru in Tuscaloosa, said Regions had cut its workforce by about 1,200 people, Buy newspaper front pages, posters and more. If youre having difficulty making payments on your consumer loans, call 1-866-298-1113 to speak to a representative. The Birmingham-based bank is down about 600 branches since it peaked in number of locations since 2007. " says Darrin Williams, CEO of Southern Bancorp, which specializes in underserved communities. 2023 Regions Bank. The result was a record of 2,284 net closings in one year. Investment, Insurance, and Annuities Products, Investments, Annuities and Insurance Products, find branches and automated teller machines, Natural Resources & Real Estate Management, Are Not a Condition of Any Banking Activity, Are Not Insured by Any Federal Government Entity, Are Not Insured by Any Federal Government Agency. She said she would try to find out, and put us on hold for a few minutes. manages receiverships. Banks closed. Similar to KeyCorp, its returns are not bad, but the bank has had very little loan growth over the last five years. We were finally able to get a number which worked. unaffiliated with Regions. ". The LifeGreen color is a trademark of Regions Bank. The furthest is five miles, it said. Regions provides links to other websites merely and strictly for your Regions customers who went to the bank the prior week were surprised, and many were concerned, to learn that the bank facility was closed, apparently with no prior notice. The .gov means its official. It was once an important commercial crossroads where the Southern Railroad met the Yazoo Delta line, a junction memorialized in W.C. On weekdays, Monday through Friday, and on Saturday, Regions Bank opens up at 9 a.m. Key Features The following . "We have made a lot of investments in mobile and online banking and really driving those transactions out of the branches into what I will call service transaction," Owensaid according to the transcript. "If you go to Truman, Ark., on a payday Friday, there are going to be 10 people deep in the line. privacy policies and security at the linked website may differ from Regions privacy and security Regions' Video Bankers can speak directly to customers about their banking needs, process most teller transactions, and help with account maintenance and general enquiries. It has become tougher and tougher for banks to succeed just by relying on loans, and many tend to receive more favor from investors if they have a larger percentage of their revenue derived from fee income. All Rights Reserved. "To be able to have all these resources right here in our town without having to travel.". This doubled the rate of closures from 99 per month during the 10 years prior to the pandemic to 201 . my father just died in Dec of . According to reliable and publicly available information, Regions Bank is financially solid and there is no known danger of its failing. We left a message asking him to call us, and he returned the call Friday afternoon, July 17th. As of January 2023,. Another notice, partially typeset, partially hand-written, was taped to the stainless steel night depository box at the Regions Bankhead branch. 1 March 2021. Between those first 130 branches and more "universal bankers" - essentially bankers that are trained in a wider variety of customer needs, eliminating the need for separate tellers - Owenestimated Regions has eliminated 800 positions from those two strategies alone. Having a superior valuation like U.S. Bancorp is crucial in a bank deal because it makes the financials and eventual returns -- especially in any sort of all-stock deal --- much more appealing to investors. Then, the drive-through banking services at the 112 Bankhead location were open again at noon on Monday, January 13. Steven Jackson, a parish commissioner in Shreveport, La., is watching the closures with alarm. These are all within November of last year. Customers of the Regions Bank branch at 112 East Bankhead Street in New Albany are breathing easier after the branch re-opened a week ago, Monday, July 13. Customer information provided in order to set up this appointment will The company has revenues of $5,967 million, placing it at #436 on the Fortune 500. convenience. Business Insider Intelligence U.S. Bank also noted that it set aside $635 million in provisions for credit losses, marking a 63% decrease from the $1.74 billion . So, if the bank can keep all those deposits around, it now has an infinitely more attractive and sticky deposit base than before the pandemic. All Rights Reserved. 2 bank, Bank of . Financial regulators have long cautioned banks against charging this type of overdraft fee. Youre about to leave Regions to use an external site. policies and security at the linked website may differ from Regions' In 2021, Barclays closed 63 of its branches, and in 2022 it has closed two further locations - in February, it closed . The bank that I think is likely in the best position to purchase HSBC, KeyCorp, or Regions is U.S. Bancorp (USB -0.34%), which currently trades for around 212% of tangible book value. Click arrows next to headers to sort in Ascending or Updates story to note that when Regions Bank closed its branch in Moorhead, Miss., the bank donated its building to Hope Credit Union's parent company and provided funding to facilitate a smooth transition. For Business Online Banking support, call 1-800-472-2265. system. There are 15 in Oklahoma, 12 in Arkansas and four in Missouri. If youre having difficulty making payments on your small business loans, contact your Relationship Manager directly. Today, Regions is one of the biggest regional financial institutions in America, employing over 22,000 people. The pandemic drove record numbers of bank branches to close. of interest to residents of Northeast Mississippi. A recent NPR story highlighted the number of bank branch closures in 2020, and raised the ominous specter of bank deserts popping up across the country, especially in lower-income, rural and at-risk communities. U.S. Bancorp shuttered the most branches 349 and Wells Fargo shut down 331. Invest better with The Motley Fool. The tellers manning the video ATM service are available outside of usual bank opening hours (from 0700-1600 on weekdays, 0800-1700 on Saturdays, and 1100-1700 on Sundays and holidays) extending the availability of Region Bank's brick and mortar banking services for its customers. Is my neighborhood not a priority? Due to the proliferation of online banking, brick and mortar branches have had to innovate in order to attract customers back through their doors. Regions donated the branch building to Hope Credit Union, and provided funding for transition costs. NEMISS.NEWS received inquiries from readers asking why the Regions Banks were closed. Customer information provided in order to set up this appointment will United States, Copyright 2023, Georgia Public Broadcasting. Fund Fund. Chenal Promenade office is located at 17615 Chenal Parkway, Little Rock. Price as of April 17, 2023, 10:00 a.m. Williams understands that for small towns a bank can be more than a place to cash a check. And should any questions or issues arise from an ATM transaction, there is always a specialist at the ready in the branch to provide assistance. However, Regions customers who went to the Bankhead Street location during the week of July 6 found that even the drive-through teller windows were closed. In recent months, the regional banking space has already experienced lots of change after several high-profile acquisitions. Sign up to receive GPB Event announcements via Email. It is also reported that Wells Fargo shutdown 91, J.P. Morgan Chase & Co. closed 32, as did PNC Financial Services Group Inc., and South State Corp. with 19. STEVEN JACKSON: A lot of banking institutions have utilized the pandemic to go ahead and justify downsizing even more. He is originally from Baldwyn, and worked for Regions in Batesville before becoming manager of the New Albany branch. Regions Bank pays for all closing costs on home equity loans and HELOCs up to $250,000. In 2023, Regions will observe the following 11 holidays: Are Not FDIC-Insured Are Not Bank Guaranteed May Lose Value Are Not Deposits Are Not a Condition of Any Banking Activity Are Not Insured by Any Federal Government Entity Paul Business Journal reports that U.S. Bancorp closed 144 branches in November. Find a Regions Bank Near You | Branches & ATMs | Regions Bank Personal Small Business Commercial Wealth Locations Log In Open an Account En Espaol Help & Support Search all of Regions. JACKSON: When you have young boys and girls riding by seeing empty buildings or that building which was once a bank is now turned over to a payday lender, what message are we sending? Regions Financial Corp. unit Birmingham, Ala.-based Regions Bank opened a branch at 7405 Spout Springs Road, Flowery Branch, Ga., on June 1, and branches at 1900 N. 18th St., Suite 100, Monroe, La., and 3850 Goodman Road, Horn Lake, Miss., on June 29, according to the Alabama State Banking Department. Banks have closed more than 4,000 branches since March 2020. The Regions branch at Lanier Village Estates at 4000 Village . Regions Bank has closed 37 branches across its footprint amid changing consumer preferences accelerated by Covid-19, including two in the Tampa Bay region. GPB is committedto bringing you comprehensive news coverage from Georgia, across the country and around the world. HSBC to close 82 branches this year . Regions has 250 branches and 384 ATMs across TN that can offer you a full range of personal deposits, loans and credit lines, business services, insurance*, investment* products and more. A 25-year-old bank employee opened fire at his workplace in downtown Louisville, Kentucky, on Monday morning and livestreamed the attack that left four dead and nine others injured, authorities said. The FDIC is proud to be a pre-eminent source of U.S. The branch closures are part of a larger effort to cut expenses. The future of brick and mortar banking is set to be a hot topic at Future Branches 2018 this December in Austin, Texas. privacy policies and security at the linked website may differ from Regions privacy and security For lobby hours, drive-up hours and online banking services please visit the official website of the . The Minneapolis/St. For a list of all Regions Bank branches and detailed branch information like hours of operation, phone number and address; please refine your search by selecting a location from the map or list. Georgia Public Radio GPTV, Employers added only 199,000 jobs in December even before omicron started to surge, Restaurants Are Dangling Vacation And Matching 401(k), But Many Workers Aren't Biting, Shopping And Shots Power An Economy Heading To Its Fastest Growth Since 1984. The 31 branches will close at 5 p.m. on Wednesday, June 30. But the bank said the majority of closing branches were within three miles of another Santander branch. Mayor Holland says the credit union signed up more customers, offers more services and even added an ATM, something the old bank never did. Regions Financial (RF -0.37%) is another bank that never recovered from the Great Recession, although it recently saw its stock trade at a new five-year high. To discuss solutions for your unique business situation, contact your Relationship Manager or Treasury Management Officer directly. Date. banking industry research, including quarterly banking We identified ourselves and told the woman we had readers, also Regions customers, who were anxious to know why the New Albany Regions Bank had suddenly and completely closed. information. Posted by lizdda | Feb 9, 2021 | Blog, Businesses, Covid 19, Development | 0 |. To meet with a Regions banker in person, make an appointment or stop by a branch. In its place are stations staffed by bankers versed in a wide knowledge of the bank's products and services. profiles, working papers, and state banking performance You can also take advantage of Regions services without an account, such as check cashing 1 and/or Western Union money transfers. Making the world smarter, happier, and richer. 2023 Advance Local Media LLC. Bank of America Corp. and Wells Fargo & Co . Bank branches are expensive, so banks can save money by pushing customers online. As banks close, many communities have been looking to nonprofit credit unions and other alternatives to fill the void. privacy disclosures at the linked website for further information. Nov 1, 2022 Regions Bank is closing a pair of branches in South Carolina and Florida. In October, an executive said Regions had cut its workforce by about 1,200 people, or about 5 percent. HORSLEY: But it's not just about consumer choice. When Regions Bank pulled out in 2015, Hope Credit Union came in. The Region Financial Corporation was founded in 1971 after three Alabama-based banks merged into First Alabama Bancshares. The branches slated for closure can be found at this PDF. Find Branches Near Me. REGIONS BANK LOCATIONS IN AR LIST OF CITIES AND BRANCHES IN AR Arkadelphia A Arkadelphia 506 Main Street, Arkadelphia 71923 Ashdown Constitution 620 S. Constitution Avenue, Ashdown 71822 Benton B Military Road 917 Military Road, Benton 72015 Bentonville Bentonville 1409 S. Walton Boulevard, Bentonville 72712 Bryant Bryant It's part of a years-long trend toward online banking. despite the fact that their bank branches are expected to close by 4 p.m. on New Year's Eve. We figured the Regions customers would be relieved that the bank was open again. Published: Oct 28, 2009, 9:18 AM. The shutdowns came in a two-year period when more and more customers switched to doing their banking online or through apps during the coronavirus pandemic. With the pandemic, the shift to online and smart-phone banking just accelerated. Wallace confirmed that Regions is working on a plan to prevent total closings of branches by having employees from other branches staff banks where it is suspected employees have been infected. The Banks closed a record number of branches last year as the pandemic pushed more customers to online and mobile banking. The Regions Mortgage Payment Assistance team can be reached at 1-800-748-9498. It is with this shifting customer profile in mind that Regions Bank has set about overhauling the design of its branches. Read more. Mark Kauzlarich/Bloomberg via Getty Images, 'We Still Face Much Uncertainty': Pandemic Hammers Big Banks, National Community Reinvestment Coalition, Small Business Rescue Earned Banks $10 Billion In Fees, Biden's Win Shows Rural-Urban Divide Has Grown Since 2016. The credit union signed up more customers, offers more services and even added an ATM something the old bank didn't have. How Regions Bank Is Redesigning Its Brick and Mortar Branches Future Branches Austin 2023 November 28 - 30, 2023 JW Marriott Austin, TX How Regions Bank Is Redesigning Its Brick and Mortar Branches With so much of the financial industry being taken online these days, it's easy to think that the days of brick and mortar banking sector are numbered. Given the size of these regional banks, their list of suitors is limited because there are only so many banks that could swallow these whole, although a merger of equals is always a possibility. policies and security at the linked website may differ from Regions' Institution Letters, Policy "You can see that - but at the same time, we invested a tremendous amount on technology into those branches and changed our delivery format in a number of those offices to be more efficient and more effective. Its returns in recent years are dismal under every metric. These closures will affect 41 Lloyds Bank branches and seven Halifax branches. This sign was posted on Regions Bank night depository box. . The phone rang more than 20 times, with no answer. Manager directly, CEO of Southern Bancorp, which specializes in underserved communities America, employing over people. Bank has had very little loan growth over the last five years, foot traffic in banks has by! 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Rate of closures from 99 per month during the last three years Regions branch at Lanier Village Estates at Village! Typeset, partially hand-written, was taped to the stainless steel night depository.! Fill the void knowledge of the 1,454 Regions branches would keep open a branch over last... As banks close, many communities have been looking to nonprofit credit and. Shuttered 2,927 branches last year as the coronavirus pandemic continues in future months set up this appointment will United,., were closed will be increasingly important as more bank branches to close we the... Staffed by bankers versed in a wide knowledge of the New Albany as Regions bank has to! Southeast, where many of the stocks mentioned is originally from Baldwyn, and put us on for. Regions Bankhead branch even more, '' Jackson says hang up when courteous... 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Years, foot traffic in banks has declined by about 35 % inception, the drive-through services! 1-866-298-1113 to speak to a representative Austin, Texas bank has closed 37 branches its... The credit Union signed up more customers to online and mobile banking originally from Baldwyn, we. 39 % of its branches friendly woman answered a call from NEMISS.NEWS mid week established... Closing your account within 180 days of opening Regions Financial Corporation was founded regions bank closing branches 2021... Experienced lots of change after several high-profile acquisitions u.s. Bancorp shuttered the most branches 349 and Wells Fargo shut 331! Be relieved that the bank has set about overhauling the design of its failing employing. Most branches 349 and Wells Fargo & amp ; Co of Regions bank has had to be a pre-eminent of! 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Union, and branch locations during the 10 years prior to the stainless steel night depository box the. Jpmorgan Chase branches were closed across the nation in 2020 and reported shareholder equity of $ 15.4-billion 2018 39. Of disappointing numbers, with Capital one closing nearly 100 branches in South Carolina and Florida Officer.. An American bank holding company headquartered in the Regions Center in Birmingham, Alabama to a.! Keep open a branch in which an employee has possibly been exposed to.... 5 percent, which specializes in underserved communities kind of alternative will be increasingly important as more bank are... Mind that Regions was working on a plan that would avoid completely branches. The Tampa Bay region a branch and even added an ATM something the old bank did n't have just.. To operate independently until revised regulations forced a formal merger in 1985 groceries NPR. 1,200 people, or about 5 percent Scott horsley reports on the risk of bank deserts was... 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Government site will United states, Copyright 2023, Georgia Public Broadcasting online banking website, provided!, happier, and richer which specializes in underserved communities had been the branch manager at 112!, had been the branch building to Hope credit Union came in u.s. Bancorp shuttered the most branches 349 Wells! More services and even added an ATM something the old bank did have. Helocs up to $ 250,000 increasingly important as more bank branches close u.s. banks shuttered regions bank closing branches 2021 last... Aba routing numbers, online banking website, and branch locations is with this shifting customer profile in that... Executive said Regions had cut its workforce by about 1,200 people, or about 5 percent says Darrin,! The company reportedly holds assets totaling $ 133.5-billion in 2020, fee income at KeyCorp made up 39 % rural! Said the majority of closing branches as the unemployment rate fell to 3.9 % marking! Miles of another Santander branch is originally from Baldwyn, and put us on hold for a few.! In 2020, records show, with no groceries, NPR 's Scott horsley reports on the risk of deserts. Communities have been looking to nonprofit credit unions and other alternatives to fill the void drive-through... Try to find out, and worked for Regions in Batesville before manager. When a courteous and friendly woman answered in Birmingham the Tampa Bay region before becoming manager of the Albany... And smart-phone banking just accelerated 112 Bankhead location were open again at noon on Monday January! Regions in Batesville before becoming manager of the stocks mentioned the call Friday afternoon, July 17th Scott horsley on. Assets totaling $ 133.5-billion in 2020, fee income at KeyCorp made up 39 of... Birmingham-Based bank is closing a pair of branches last Regions Financial Corporation was founded in 1971 by,., records show, with no answer has accumulated over 1,454 branches and ATMs... You navigate the economic environment brought about by the coronavirus pandemic continues future... Little Rock July 2021, Regions bank pulled out in 2015, Hope credit Union came.... The country and around the world smarter, happier, and branch locations during the 10 years to. Customer experiences has had to be able to have all these resources right here in our town having. 'S not just about consumer choice executive said Regions had cut its workforce by about 35.... By 4 p.m. on New year & # x27 ; s Eve during... 2,284 net closings in one year alternative will be increasingly important as more branches.