Regions Financial Names Lynetta Tipton Steed Head of Business and Community Banking
July 15 2010 - 9:00AM
Business Wire
Regions Financial Corporation (NYSE: RF) today named Lynetta
Tipton Steed executive vice president and head of Business and
Community Banking. The division provides comprehensive financial
services to small business clients through dedicated relationship
managers as well as branches. Steed fills the role previously held
by John Asbury, who was named head of Business Services in May.
“Regions is one of the largest banks for small businesses in the
country and we have a long-standing commitment to helping small
businesses succeed,” said Asbury. “Lynetta brings a broad
background in both Business and Consumer Banking to this important
role, and I’m pleased to have a banker of her experience,
performance, and tenure leading our Business and Community Banking
division.”
Steed is an 18-year veteran of Regions and has served as
Business Banking executive for Central Florida since 2003. Prior to
this she held positions as both a Consumer Banking executive and a
Business Banking executive in Northwest Florida. She started her
career with Regions in 1992 in the Orlando market, first a branch
manager and then a business banker. Steed holds a bachelor’s degree
in marketing, magna cum laude, from the University of Central
Florida in Orlando.
Regions has a long track record of providing capital to small
businesses along with solutions to help small business owners
manage their financial needs through all economic cycles.
- In 2009, Regions booked $6.9
billion in new and renewed small business loans, demonstrating its
willingness to extend credit.
- For six consecutive years, the
SBA has ranked Regions third among small business lenders in the
U.S. in an annual small business lending survey -- the highest
ranking among conventional bank lenders.
- Regions was ranked fifth in J.D.
Power & Associates’ 2009 small business customer satisfaction
ratings, improving more than any other bank in the country.
- Regions has a dedicated Business
Hardship Program with a team of specialists providing solutions to
business customers faced with financial challenges.
- Any declined small business loan
application is reviewed through Regions' Second Review Process to
ensure no opportunity for business growth is overlooked.
About Regions Financial Corporation
Regions Financial Corporation, with $137 billion in assets, is a
member of the S&P 100 Index and one of the nation's largest
full-service providers of consumer and commercial banking, trust,
securities brokerage, asset management, 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 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.
Regions Financial (NYSE:RF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Regions Financial (NYSE:RF)
Historical Stock Chart
From Jul 2023 to Jul 2024