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Regions Bank History |
Regions Bank History equips you with all the information related to the facts and figures, process of achievement, development and its growth process over the periods it has gone through. The history of the Regions Bank is necessary for the people to know in order to check its functions and operations. Regions Bank is one of the leading banks in United States (US). The history page can provide its background information. Just before applying for the products and services offered by the Bank you could get the chance to analyze its history. The banking operations of Regions Bank can be mainly found in the United States.
The history of Regions Bank dates back to 1971 when the Regions Financial Corporation came into existence and it was also known as First Alabama Bancshares. It was formed by the amalgamation of the First National Bank of Montgomery and the First National Bank of Huntsville. To get the detailed information regarding Regions Bank History and stock history it is advisable that you should visit the official website of the bank. Regions Financial Corporation is a public company located in Birmingham, Alabama, USA. Over 2,000 branches serves the banking operations in United States with 2,400 ATMs located over the geographical regions where Regions Bank functions. The bank is the first multi-bank holding company in Alabama.
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The Company aims to provide the retail and commercial banking, trust, securities brokerage, insurance and mortgage products and services. Regions Bank has total assets of about $146 billion. Regions Finance industry was founded in 1971 as the First Alabama Bancshares. The products offered by the bank include Credit Cards, Loans, deposit products, investment and insurance. The revenue earned by the bank is about US$10.75 billion. Regions Bank is also counted under the top 10 banks in the United States. The bank operates nearly with 16 state network covering South, Midwest and Texas regions. The bank provides its services in North Carolina, Birmingham, Arkansas, Alabama, Georgia, Tennessee, Louisiana and Texas.
Regions Bank Brief History
The major mergers and acquisitions made by the bank are with Morgan Keegan and AmSouth. This bank is regarded as one of the largest bank based in US. This bank is possessed by Regions Financial Corporation. Union Planters has also merged with the Regions Bank. In the year 1992, the first Regions Bank logo was designed. Regions Corporate Headquarters address is 1900 Fifth Avenue North Birmingham, AL 35203 and the Telephone number is 205/944-1300.
The bank holding company decided to change its name from the First Alabama to Regions then the first logo for the bank was created. In 2004 the banks logo changed and it has the former design of Union Planters that is "cotton triangle" along with the name "Regions". Full service banking products and services are provided by the bank. It is accredited with Better Business Bureau (BBB). The bank has been chartered as the Regions Financial Corporation that is a public company that resides in Birmingham. After the bank gets merged with AmSouth Bank, it became stronger with total assets of more than $140 billion. After the bank merged, the company shifted its headquarters to the Regions Center.
Website:http://www.regions.com/about_regions/regions_history.rf
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