Regions Financial Launches Online Disaster Resource Center

Regions Financial Corporation (NYSE: RF) has launched the Disaster Resource Center through its company website, regions.com. Customers can visit Disaster Resource Center to learn how Regions can assist individuals and businesses that face financial challenges as a result of disasters, including the recent tornadoes in the Southeast and flooding in the South and Midwest.

The Disaster Resource Center on regions.com provides customers with a clearinghouse of information and tools, available 24 hours a day, seven days a week. Resources include important contact information, a financial checklist, details on Regions’ assistance programs, and links to relevant outside agencies and organizations.

Regions continues to proactively reach out to customers in disaster areas to help them address the potential financial impacts and to offer assistance. In addition to the Disaster Resource Center, Regions has a number of programs in place to help individuals, businesses and communities affected by disasters.

Business Owners: Through the bank's long-standing payment assistance program, Regions can offer many options to work with business owners facing financial challenges, including credit solutions and loan re-structures tailored to the borrower’s situation.

Consumers: The Regions Customer Assistance Program (CAP) is available to help consumers who have difficulty making payments on their mortgage or consumer loans. Since 2007 Regions has helped more than 36,000 customers stay in their homes through CAP.

Homeowners: Regions Mortgage offers a number of products and services tailored for disaster relief and recovery, including the Regions Disaster Relief Mortgage Program, developed during 2010 in response to widespread flooding in Nashville, Tenn. The program provides renovation and rehabilitation mortgages with expanded product parameters and underwriting guidelines in order to help homeowners recover from disaster.

Communities: Through Regions’ “Share the Good” initiative, Regions associates give back to their communities through service projects, food and supply drives, and acts of kindness. During the first quarter of 2011, Regions associates collected more than 12.5 tons of food for local food pantries and some 2,400 books for school-age children as part of the company’s “Share the Good” campaign. Regions is mobilizing additional “Share the Good” volunteer projects to assist communities impacted by the recent tornadoes and floods. In addition, through the bank’s "What a Difference a Day Makes" program, Regions associates receive paid time off - equal to one day each year - to volunteer in their communities.

About Regions Financial Corporation

Regions Financial Corporation, with $132 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, trust, securities brokerage, 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 trust and asset management 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6739925&lang=en

Regions Financial (NYSE:RF)
Historical Stock Chart
From Oct 2024 to Nov 2024