- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Herron C. Keith

2. Date of Event Requiring Statement (MM/DD/YYYY) 12/31/2010

3. Issuer Name and Ticker or Trading Symbol

REGIONS FINANCIAL CORP [RF]

(Last) (First) (Middle)

P. O. BOX 10247

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
SEVP /

(Street)

BIRMINGHAM, AL 35202-0247

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	160163.0000 ⁽¹⁾	D
Common Stock (phantom stock)	6583.0000 ⁽²⁾	I	By Deferred Compensation Plan
Common Stock (phantom stock)	1222.3951	I	Indirect - By 401 (k) Supplemental Plan

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units	⁽³⁾	⁽³⁾	Common Stock	11665.0000	⁽³⁾	D
Stock Option (Right to Buy)	2/24/2011 ⁽⁴⁾	2/23/2019	Common Stock	181935.0000	$3.2900	D
Stock Option (Right to Buy)	6/22/2011 ⁽⁵⁾	6/21/2020	Common Stock	116575.0000	$7.0000	D
Stock Option (Right to Buy)	2/28/2011 ⁽⁶⁾	2/27/2018	Common Stock	128191.0000	$21.9400	D
Stock Option (Right to Buy)	⁽⁷⁾	1/29/2012	Common Stock	33260.0000	$25.4100	D
Stock Option (Right to Buy)	⁽⁷⁾	2/10/2013	Common Stock	3891.0000	$25.7000	D
Stock Option (Right to Buy)	⁽⁷⁾	2/4/2014	Common Stock	32294.0000	$30.5500	D
Stock Option (Right to Buy)	⁽⁷⁾	2/8/2015	Common Stock	41385.0000	$32.0200	D
Stock Option (Right to Buy)	⁽⁷⁾	4/3/2016	Common Stock	33810.0000	$34.4600	D
Stock Option (Right to Buy)	⁽⁷⁾	4/23/2017	Common Stock	20000.0000	$35.0700	D

Explanation of Responses:
( 1)	Includes 146,927 shares of restricted stock; the restrictions on 108,069 shares lapse on February 24, 2013 and restriction on 38,858 shares lapse on June 22, 2013.
( 2)	Amounts acquired by virtue of participation in AmSouth Bancorporation Deferred Compensation Plan. Since the merger of AmSouth with the issuer in 2006, only quarterly dividend equivalents are being accured in the Plan.
( 3)	Each restricted stock unit is the equivalent of one share of Regions Financial Corporation common stock, and will be settled in shares of common stock on October 19, 2012.
( 4)	Options vest in 3 equal installments with the first one being fully vested, 60,644 options vesting on February 24, 2011 and 60, 645 options vesting on February 24, 2012.
( 5)	Options vest in 3 equal installments with the first one vesting on June 22, 2011, the second one vesting on June 22, 2012 and the third one vesting on June 22, 2013.
( 6)	Options vest in 3 equal installments with the first two being fully vested and 42,730 options vesting on February 28, 2011.
( 7)	These options are fully vested.

Remarks:
herronpoa.txt

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Herron C. Keith P. O. BOX 10247 BIRMINGHAM, AL 35202-0247			SEVP

Signatures
Lachelle S. Koon - Attorney -in-Fact		1/10/2011
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.