From grant funding to volunteerism to special banking services,
Regions Bank and the Regions Foundation have a comprehensive
community response.
Regions Bank on Tuesday announced a series of disaster-recovery
financial services designed to help people and businesses impacted
by Hurricane Helene. In addition, bank associates are volunteering
in support of first responders in affected areas. Also, the Regions
Foundation, a nonprofit funded primarily by Regions Bank, announced
a commitment of $150,000 in initial grant funding for organizations
providing disaster relief.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241001008542/en/
Through a combination of volunteerism,
special financial services, and recovery grants for nonprofits,
Regions Bank and the Regions Foundation are helping several
communities hard-hit by Helene. (Photo: Business Wire)
Community Recovery:
The $150,000 total from the Regions Foundation will be divided
among several agencies meeting immediate and long-term needs.
Specific allocations will include:
- $100,000 in support of the American Red Cross to help meet
needs across Florida, Georgia, Tennessee, South Carolina and North
Carolina
- $15,000 for Second Harvest of the Big Bend, a Tallahassee-based
organization providing urgent food relief in Florida communities
near where Helene made landfall
- $15,000 to United Way of the CSRA (Central Savannah River
Area), which is helping people in and around Augusta, Ga.,
following widespread effects from the storm
- $10,000 for the Region A.H.E.A.D. Small Business Flood Recovery
Relief, which is helping local businesses throughout several
counties in Northeast Tennessee
- $10,000 for United Way of East Tennessee Highlands’
Disaster-Relief Fund, which is helping people around Elizabethton,
Jonesborough and other Northeast Tennessee areas ravaged by
record-breaking floods
“Relief organizations are on the ground meeting urgent needs,
and we are honored to support their important work,” said Marta
Mendes-Miguel Self, executive director of the Regions Foundation.
“These organizations have experience serving their communities. The
greatest way we can help as an organization is to provide resources
that further enable them to do what they do best. And we encourage
people and businesses who are in a position to donate to consider
joining us in supporting these agencies.”
Grants from the Regions Foundation are in addition to
volunteerism provided by Regions Bank associates.
“We were honored to feed 90 first responders Sunday night in
Elizabethton, and we are doing it again today,” Regions’ East
Tennessee Consumer Banking Manager, Aaron Madron, said Monday
between volunteerism opportunities. “Wherever you see a Regions
Bank branch, that means our people are not just working in the
community, we’re a part of the community. Our hearts are here. Our
families are here. And our commitment is here. We’ll keep finding
ways to serve because we’re all invested in the long-term recovery
of these communities.”
Special Bank Services:
In addition, Regions Bank developed and launched
disaster-recovery financial services for people and businesses in
impacted areas1. Importantly, the areas covered by these services
will be expanded to include multiple additional communities based
on formal declarations expected from the Federal Emergency
Management Agency in the coming days.
The special services including the following items, available
for a limited time beginning Oct. 1:
- Regions will waive ATM Surcharges for non-customers in the
impacted areas1 within Regions’ footprint for two weeks (Oct. 1 –
Oct. 15).
- Provide Mortgage Disaster Relief Purchase and Renovation loan
programs
- Waive fees when customers use other banks’ ATMs in the impacted
areas for at least 14 days (Note: Fees charged by other banks or
ATM owners may still apply.)
- Remove check-cashing fees for FEMA-issued checks when cashed in
a Regions branch2.
- Provide personal and business loan payment assistance3.
- Provide payment deferrals for current credit card
holders3.
- Provide business loan payment deferrals of up to 90 days3.
- Provide one penalty-free CD withdrawal upon request (unless
within seven days of issuance or renewal)
- Provide a Disaster Response interest rate discount of 0.50% on
new personal unsecured loans when you apply in a branch or by
phone4.
- Provide a Disaster Response interest rate discount of 0.50% on
standard rates for new business loans or lines of credit of up to
$1 million to help with recovery needs in impacted areas4.
- Provide a Disaster Response interest rate discount of 0.50% on
new unsecured business term loans of up to $50,000 with up to
36-month terms, including waived origination and loan document
fees, as well as options for the first payments to be deferred by
up to 90 days4.
- Provide a Disaster Response interest rate discount of up to
0.50% on non-business auto loans when you apply in-branch or by
phone5.
- Dedicated Contact Center:
- For help with loans, credit cards, or deposit accounts:
1-800-221-7471
- For help with any other banking need: 1-800-411-9393
- Check www.regions.com/HurricaneHelene for an updated list of
areas where these offers are available as damage assessments
continue.
“The impacts of Hurricane Helene are simply astounding, and we
are heartbroken for so many communities where flooding, high winds,
and other impacts have taken their toll,” said John Jordan, head of
Retail for Regions Bank. “Our associates have years of experience
helping people and businesses recover financially from natural
disasters. This is a time for us to lean on that experience and
offer financial tools that can help make the recovery a little bit
easier. Beyond the services we’re announcing today, we also
encourage people to reach out – whether in-person, on the phone, or
through our digital channels – to talk about your own, unique
needs. We’ll listen closely and would like to work with you from a
financial perspective throughout the recovery.”
The majority of Regions’ bank branches within the impacted areas
are back open and serving customers. The branch network suffered
comparatively little damage overall and is well positioned to meet
customers’ needs as recovery moves forward. In addition, banking
services remain available around the clock through Regions.com, the
Regions Mobile Banking App, and other Regions branch locations
across the Southeast.
Here for You:
In addition to the above disaster-recovery services, Regions
Bank teams can be contacted at the following numbers for customized
guidance on a range of lending products, including:
- Mortgages, home equity loans and lines: 1-800-748-9498
- Other consumer loans: 1-866-298-1113
- Any other banking needs: 1-800-411-9393
About Regions Foundation:
The Alabama-based Region Foundation supports community
investments that positively impact communities served by Regions
Bank. The Foundation engages in a grantmaking program focused on
priorities including economic and community development; education
and workforce readiness; and financial wellness. The Foundation is
a nonprofit 501(c)(3) corporation funded primarily through
contributions from Regions Bank. To learn more about the Regions
Foundation visit www.regions.com/foundation.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $154 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, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,250
banking offices and more than 2,000 ATMs. Regions Bank is an Equal
Housing Lender and Member FDIC. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
1Offers are available for a limited time and only to individuals
and businesses affected by the recent disaster in the ZIP codes
listed below, may be subject to other exclusions and restrictions,
and are subject to change without notice. All loans and lines,
deferrals, extensions or forbearances may be subject to required
documentation and credit approval. Residency restrictions may
apply.
Initial affected ZIP codes are as follows; please note: the list
of ZIP codes will be expanded to include additional communities
based on ongoing assessments and expected declarations from the
Federal Emergency Management Agency in the coming days: 27020,
28006, 28012, 28016, 28017, 28018, 28019, 28020, 28021, 28024,
28032, 28033, 28034, 28037, 28038, 28040, 28042, 28043, 28052,
28053, 28054, 28055, 28056, 28073, 28074, 28076, 28077, 28080,
28086, 28089, 28090, 28092, 28093, 28098, 28101, 28114, 28120,
28136, 28139, 28150, 28151, 28152, 28160, 28164, 28167, 28168,
28169, 28601, 28602, 28603, 28604, 28605, 28606, 28607, 28608,
28609, 28610, 28611, 28612, 28613, 28615, 28616, 28617, 28618,
28619, 28621, 28622, 28623, 28624, 28626, 28627, 28628, 28629,
28630, 28631, 28633, 28635, 28636, 28637, 28638, 28640, 28641,
28643, 28644, 28645, 28646, 28647, 28649, 28650, 28651, 28652,
28653, 28654, 28655, 28656, 28657, 28658, 28659, 28661, 28662,
28663, 28664, 28665, 28666, 28667, 28668, 28669, 28670, 28671,
28672, 28673, 28675, 28676, 28678, 28679, 28680, 28681, 28682,
28683, 28684, 28685, 28689, 28690, 28691, 28692, 28693, 28694,
28697, 28698, 28701, 28704, 28705, 28707, 28708, 28709, 28710,
28711, 28712, 28714, 28715, 28716, 28717, 28718, 28719, 28720,
28721, 28722, 28723, 28724, 28725, 28726, 28727, 28728, 28729,
28730, 28731, 28732, 28734, 28735, 28736, 28737, 28738, 28739,
28740, 28741, 28742, 28743, 28744, 28745, 28746, 28747, 28748,
28749, 28750, 28751, 28752, 28753, 28754, 28755, 28756, 28757,
28758, 28759, 28760, 28761, 28762, 28763, 28765, 28766, 28768,
28770, 28772, 28773, 28774, 28775, 28776, 28777, 28778, 28779,
28781, 28782, 28783, 28784, 28785, 28786, 28787, 28788, 28789,
28790, 28791, 28792, 28793, 28801, 28802, 28803, 28804, 28805,
28806, 28810, 28813, 28814, 28815, 28816, 28902, 28904, 28909,
29003, 29006, 29033, 29036, 29037, 29042, 29053, 29054, 29070,
29071, 29072, 29073, 29075, 29081, 29105, 29108, 29122, 29123,
29126, 29127, 29129, 29137, 29138, 29145, 29146, 29160, 29164,
29166, 29169, 29170, 29171, 29172, 29178, 29210, 29212, 29214,
29301, 29302, 29303, 29304, 29305, 29306, 29307, 29316, 29319,
29320, 29322, 29323, 29324, 29329, 29330, 29331, 29333, 29334,
29335, 29336, 29338, 29340, 29341, 29342, 29346, 29348, 29349,
29355, 29356, 29365, 29368, 29369, 29372, 29373, 29374, 29375,
29376, 29377, 29378, 29385, 29386, 29388, 29432, 29481, 29601,
29602, 29603, 29604, 29605, 29606, 29607, 29608, 29609, 29610,
29611, 29612, 29613, 29614, 29615, 29616, 29617, 29621, 29622,
29623, 29624, 29625, 29626, 29627, 29630, 29631, 29632, 29633,
29634, 29635, 29636, 29638, 29640, 29641, 29642, 29643, 29644,
29646, 29647, 29648, 29649, 29650, 29651, 29652, 29653, 29654,
29655, 29656, 29657, 29658, 29661, 29662, 29664, 29665, 29666,
29667, 29669, 29670, 29671, 29672, 29673, 29675, 29676, 29677,
29678, 29679, 29680, 29681, 29682, 29683, 29684, 29685, 29686,
29687, 29688, 29689, 29690, 29691, 29692, 29693, 29695, 29696,
29697, 29702, 29743, 29801, 29802, 29803, 29804, 29805, 29808,
29809, 29812, 29813, 29816, 29817, 29819, 29822, 29826, 29828,
29829, 29831, 29832, 29834, 29839, 29841, 29842, 29843, 29847,
29848, 29849, 29850, 29851, 29853, 29856, 29860, 29861, 32008,
32013, 32059, 32066, 32320, 32322, 32323, 32326, 32327, 32328,
32329, 32331, 32336, 32337, 32340, 32341, 32344, 32345, 32346,
32347, 32348, 32350, 32355, 32356, 32357, 32358, 32359, 32361,
32618, 32621, 32625, 32626, 32628, 32639, 32644, 32648, 32668,
32680, 32683, 32692, 32693, 32696, 33503, 33508, 33509, 33510,
33511, 33523, 33524, 33525, 33526, 33527, 33530, 33534, 33537,
33539, 33540, 33541, 33542, 33543, 33544, 33545, 33547, 33548,
33549, 33550, 33556, 33558, 33559, 33563, 33564, 33565, 33566,
33567, 33568, 33569, 33570, 33571, 33572, 33573, 33574, 33575,
33576, 33578, 33579, 33583, 33584, 33586, 33587, 33592, 33593,
33594, 33595, 33596, 33597, 33598, 33601, 33602, 33603, 33604,
33605, 33606, 33607, 33608, 33609, 33610, 33611, 33612, 33613,
33614, 33615, 33616, 33617, 33618, 33619, 33620, 33621, 33622,
33623, 33624, 33625, 33626, 33629, 33630, 33631, 33633, 33634,
33635, 33637, 33646, 33647, 33650, 33655, 33660, 33664, 33672,
33673, 33674, 33675, 33677, 33679, 33680, 33681, 33682, 33684,
33685, 33686, 33687, 33688, 33689, 33694, 33701, 33702, 33703,
33704, 33705, 33706, 33707, 33708, 33709, 33710, 33711, 33712,
33713, 33714, 33715, 33716, 33729, 33730, 33731, 33732, 33733,
33734, 33736, 33738, 33740, 33741, 33742, 33743, 33744, 33747,
33755, 33756, 33757, 33758, 33759, 33760, 33761, 33762, 33763,
33764, 33765, 33766, 33767, 33769, 33770, 33771, 33772, 33773,
33774, 33775, 33776, 33777, 33778, 33779, 33780, 33781, 33782,
33784, 33785, 33786, 33901, 33902, 33903, 33904, 33905, 33906,
33907, 33908, 33909, 33910, 33911, 33912, 33913, 33914, 33915,
33916, 33917, 33918, 33919, 33920, 33921, 33922, 33924, 33927,
33928, 33929, 33931, 33932, 33936, 33938, 33945, 33946, 33947,
33948, 33949, 33950, 33951, 33952, 33953, 33954, 33955, 33956,
33957, 33965, 33966, 33967, 33970, 33971, 33972, 33973, 33974,
33976, 33980, 33981, 33982, 33983, 33990, 33991, 33993, 33994,
34133, 34134, 34135, 34136, 34201, 34202, 34203, 34204, 34205,
34206, 34207, 34208, 34209, 34210, 34211, 34212, 34215, 34216,
34217, 34218, 34219, 34220, 34221, 34222, 34223, 34224, 34228,
34229, 34230, 34231, 34232, 34233, 34234, 34235, 34236, 34237,
34238, 34239, 34240, 34241, 34242, 34243, 34249, 34250, 34251,
34260, 34264, 34270, 34272, 34274, 34275, 34276, 34277, 34280,
34281, 34282, 34284, 34285, 34286, 34287, 34288, 34289, 34290,
34291, 34292, 34293, 34295, 34423, 34428, 34429, 34431, 34433,
34434, 34436, 34441, 34442, 34445, 34446, 34447, 34448, 34449,
34450, 34451, 34452, 34453, 34460, 34461, 34464, 34465, 34487,
34498, 34601, 34602, 34603, 34604, 34605, 34606, 34607, 34608,
34609, 34610, 34611, 34613, 34614, 34636, 34637, 34638, 34639,
34652, 34653, 34654, 34655, 34656, 34660, 34661, 34667, 34668,
34669, 34673, 34674, 34677, 34679, 34680, 34681, 34682, 34683,
34684, 34685, 34688, 34689, 34690, 34691, 34692, 34695, 34697,
34698
2The FEMA no check-cashing fee offer is available only to
Regions customers; if you are not a Regions customer, you must
enroll in Now Banking. No checking account is required to enroll in
Now Banking. Regions reserves the right to refuse to cash any
check.
3May be subject to credit approval. Interest will continue to
accrue during the period that the payment is skipped or deferred.
For installment loans, deferring or skipping payment may extend the
maturity of your loan but will not automatically extend any
optional insurance. Forbearances, skipped payments and deferrals
(a) may vary by customer, (b) postpone – rather than forgive –
certain payment obligations and (c) may require payment in full of
the postponed payments at the end of the forbearance or deferral
period, in addition to any other amounts that come due, unless you
make other arrangements with Regions to resolve the
delinquency.
4New business loan and personal unsecured loan rate discounts
may not be combined with other special offers or discounts.
Interest will accrue during the optional 90-day payment deferral
period for unsecured business loans if elected.
5Auto loan rate discount of up to 0.50% includes 0.25% disaster
relief rate discount with an additional 0.25% rate discount when
you enroll in auto debit payments from an existing Regions checking
account. Auto loan rate discounts cannot be combined with other
special offers or discounts.
Regions and the Regions logo are registered trademarks of
Regions Bank. The LifeGreen color is a trademark of Regions
Bank.
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version on businesswire.com: https://www.businesswire.com/news/home/20241001008542/en/
Ashley Foster Regions Bank Regions News Online:
regions.doingmoretoday.com (205) 264-4551
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