". The bank has 289 branches in Florida and close to 100 branches in Texas. Regions donated the branch building to Hope Credit Union, and provided funding for transition costs. First published on Thu 30 Sep 2021 03.18 EDT. Regions Financial Corp. (NYSE: RF) is planning to close a branch in Melbourne, Florida, and a. convenience. Part of the reason is that regulators cracked down on costly overdraft fees a decade ago, making it less profitable for many banks to operate branches in those communities. Cultural District Sales & Use Tax Exemptions, Shreveport / Caddo Unified Development Code, Downtown Shreveport Development Corporation, Leonidas Polk Spreads Episcopalianism in Louisiana. FDIC Extends Bid Window For Silicon Valley Bridge Bank, N.A. HORSLEY: Even though a lot of banking can be done online now, an FDIC survey found 83% of people still met with a teller or other bank employee at least once during 2019. Regions Bank has closed 37 branches across its footprint amid changing consumer preferences accelerated by Covid-19, including two in the Tampa Bay region. Business Insider Intelligence U.S. Bank also noted that it set aside $635 million in provisions for credit losses, marking a 63% decrease from the $1.74 billion . REGIONS BANK LOCATIONS IN AR LIST OF CITIES AND BRANCHES IN AR Arkadelphia A Arkadelphia 506 Main Street, Arkadelphia 71923 Ashdown Constitution 620 S. Constitution Avenue, Ashdown 71822 Benton B Military Road 917 Military Road, Benton 72015 Bentonville Bentonville 1409 S. Walton Boulevard, Bentonville 72712 Bryant Bryant DARRIN WILLIAMS: In a lot of the rural communities we serve, the bank branch is part of the social fabric. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services.Its banking subsidiary, Regions Bank, operates 1,952 automated teller machines and 1,454 branches in 16 states in the Southern and Midwestern United States. FDIC Announces Retention of Financial Advisor to Assist with the Liquidation of Securities of the Former Signature Bank, New York, NY, and Silicon Valley Bank, Santa Clara, CA, FDIC Announces Upcoming Sale of the Loan Portfolio from the Former Signature Bank, New York, New York, First-Citizens Bank & Trust Company, Raleigh, NC, to Assume All Deposits and Loans of Silicon Valley Banks have been closing branches, a trend that has accelerated during the pandemic as more people manage their accounts online. We were finally able to get a number which worked. Institution Letters, Policy If you will continue to need in-person . Regions provides links to other websites merely and strictly for your Regions also has a large presence in a lot of great banking markets. The branch closures are part of a larger effort to cut expenses. Those branches are: "We had a number of consolidations in the 2016 and opened relatively few branches in 2016," CEO Grayson Hall said on the call. In its place are stations staffed by bankers versed in a wide knowledge of the bank's products and services. Mayor Holland says the credit union signed up more customers, offers more services and even added an ATM, something the old bank never did. A "Retail Space Available" sign is displayed in the window of a closed JPMorgan Chase & Co. branch in the Bronx borough of New York City on Feb. 22, 2019. The nation's largest bank is proposing closing 40 mostly metro branches across its brands Westpac, St George, Bank of Melbourne and BankSA. Georgia Public Radio GPTV, Employers added only 199,000 jobs in December even before omicron started to surge, Restaurants Are Dangling Vacation And Matching 401(k), But Many Workers Aren't Biting, Shopping And Shots Power An Economy Heading To Its Fastest Growth Since 1984. That same year, more than 40% of rural customers made at least 10 visits to the bank. Regions Bank has 1304 banking locations. Banks closed 3,324 branches last year, according to a tally by S&P Global Market Intelligence. Deposits in Regions Bank are insured by FDIC. Nothing posted at the bank informed customers WHY the Bankhead Street Regions branch was closed, nor whether or when it would open again. Challenge, Quarterly Banking Profile for Fourth Quarter 2022, Quarterly Banking Profile for Third Quarter 2022, FDIC Releases 2021 National Survey of Unbanked and Underbanked Households, Financial Another great innovation being installed in the new branches is video banking ATMs, which are available in the lobbies, as well as in the drive-through banking locations. Bridge Bank, N.A., From the FDIC. In 2020, fee income at KeyCorp made up 39% of its total revenue. A further eight regional branches are up for "co . policies and security at the linked website may differ from Regions' The NEMiss.NEWS was founded in 2014 and is a division of Shivimage, LLC, and began publishing in early 2015. Dec 17, 2021. What is now known in New Albany as Regions Bank was originally founded as Bank of Commerce. If you will continue to need in-person customer service at a bank downtown, we would encourage you to consider those banks that continue to maintain a physical presence here. Regions is committed to helping you navigate the economic environment brought about by the coronavirus (COVID-19) crisis. GEORGE HOLLAND: When I heard that Regions Bank was moving out, I'm thinking, what are we going to do? In recent days, the bank has traded not too far off from its five-year high. (The data don't include temporary closures due to the pandemic .) You can also take advantage of Regions services without an account, such as check cashing 1 and/or Western Union money transfers. You should consult privacy disclosures at the linked website for further convenience. In 1994, the company changed its name to Regions Financial Corporation to reflect its growth. For HELOCs greater than $250,000, the bank pays up to $500 in closing costs. Regions Bank Overview Deciding where to bank is not a decision to take lightly. Even though a lot of banking can now be done online, an FDIC survey found that 83% of people still met with a teller or other bank employee at least once during 2019. All Rights Reserved. policies and procedures. 2023 Advance Local Media LLC. Regions, the Regions logo, and the LifeGreen bike are registered trademarks of Regions Bank. When banks close, the impact can go beyond inconvenience. LifeGreen bike are registered trademarks of Regions Bank. Everything about HSBC's U.S. banking franchise stinks, at least on paper. Appointment Scheduler is provided by TimeTrade Systems. HORSLEY: That's a minor inconvenience if you have a car, but a real hardship for those who don't. Regions Financial (RF -0.37%) is another bank that never recovered from the Great Recession, although it recently saw its stock trade at a new five-year high. Headquartered in Birmingham, AL, it has assets in the amount of $120,932,310,000. The future of brick and mortar banking is set to be a hot topic at Future Branches 2018 this December in Austin, Texas. independent agency created by the Congress to maintain That said, any acquiring bank is likely to get a good deal on this fixer-upper, and if a bank is looking to grow, HSBC's U.S. banking franchise is one of the largest opportunities out there with more than $196 billion in total assets. only be used to service this appointment. The FDIC publishes regular updates on news and activities. Otherwise, more communities will be singing the bank desert blues. The trend only continued in 2021. The Minneapolis/St. Is my neighborhood not a priority? Regions Bank was established on Jan. 1, 1928. We figured the Regions customers would be relieved that the bank was open again. Employers added 943,00 jobs in June. Closing Date Closing. 1 March 2021. You should consult "Banks have accelerated plans to consolidate their branch footprints . They are open most days of the week. "That was actually the only bank in our community and the next-closest bank was probably 8, 9 miles to Indianola," Holland said. YouTubes privacy policy is available here and YouTubes terms of service is available here. Mark Kauzlarich/Bloomberg via Getty Images So if you go to Trumann, Ark., on a payday Friday, there are going to be 10 people deep in the line. Key Features The following . That year, it had about 2,127 branches. As of January 2023,. The Birmingham-based bank is down about 600 branches since it peaked in number of locations since 2007. not be used to update any customer records, and this information will Banks have been permanently shuttering branches for years, but the number of closures hit a record in 2020 as the pandemic accelerated the move by many customers to online banking. Updates story to note that when Regions Bank closed its branch in Moorhead, Miss., the bank donated its building to Hope Credit Union's parent company and provided funding to facilitate a smooth transition. 260 14th St. NW ET, HSBC Holdings plc (HSBC) Q1 2022 Earnings Call Transcript, HSBC Holdings plc (HSBC) Q4 2021 Earnings Call Transcript, HSBC Holdings plc (HSBC) Q3 2021 Earnings Call Transcript, HSBC Holdings plc (HSBC) Q2 2021 Earnings Call Transcript, HSBC HOLDINGS PLC (HSBC) Q1 2021 Earnings Call Transcript, The IRS Is Urging Millions of Early Filers to Amend Their Tax Return, 3 Reasons to Buy Nvidia Stock Before It Skyrockets, 1 Warren Buffett Index Fund Could Turn $100 Per Week into $1 Million, 3 Former High-Flying Stocks Down 92% to 99% That Billionaire Investors Can't Stop Buying, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. GPB is committedto bringing you comprehensive news coverage from Georgia, across the country and around the world. It went through ownership and name changes and was known as Union Planters Bank until it was acquired by Regions in 2004. convenience. Handy's "Yellow Dog Blues. policies and security at the linked website may differ from Regions' Steven Jackson, who's a parish commissioner in Shreveport, La., worries that's turning parts of his city into banking deserts. Over the last five years, foot traffic in banks has declined by about 35%. KeyCorp CEO Christopher Gorman said the Cleveland-based bank is . Regions Financial Corp. (NYSE:RF). . Bram Berkowitz has the following options: long September 2021 $30 calls on Wells Fargo. However, the following branch is open for business: Barnes Crossing Tupelo, 3963 Mall Drive, Tupelo, MS 38801. The notice also included a Tupelo telephone number. The net number of branch closures jumped 38% last year, from 2,126 in 2020 itself a previous record. The banks continued to operate independently until revised regulations forced a formal merger in 1985. "In fact, it's cost-carrying activity.". Posted by lizdda | Feb 9, 2021 | Blog, Businesses, Covid 19, Development | 0 |. information. "So check your balance, make a deposit, move money around, pay bills. The privacy documentation of laws and regulations, information on Source: Author's calculations using S&P Global Intelligence, SNL Branch Analytics How will Increased Closures affect Access to Financial Services? Already in 2021, TSB Bank plans to close 155 branches, Santander UK will shutter 111, HSBC Holdings, 82 and Barclays, 63. Regions will apply any closing . Sign that was posted on Regions Drive-thru teller window. privacy policies and security at the linked website may differ from Regions privacy and security Regions Bank, RALEIGH NORTHPARK BRANCH Full Service Brick and Mortar Office 4900 Falls Of Neuse Road, Suite 100 Raleigh, NC 27609 206 reviews Regions Bank, GLENWOOD BRANCH Full Service Brick and Mortar Office 3700 Glenwood Avenue, Suite 100 Raleigh, NC 27612 206 reviews Regions Bank, CORNELIUS BRANCH Full Service Brick and Mortar Office Updates story to note that when Regions Bank closed its branch in Moorhead, Miss., the bank donated its building to Hope Credit Union's parent company and provided funding to facilitate a smooth transition. system. Some regional players are also looking to shrink branch footprints to cut expenses. People want to come to that bank branch because it's social.". If youre having difficulty making credit card payments, call 1-866-298-1113 to speak to a representative. A Regions Bank branch in Gainesville is one of 121 Regions branches that will close early next year. So there's a behavior change that's accelerated as a result of the pandemic, and the closures reflect that. But the bank said the majority of closing branches were within three miles of another Santander branch. "A lot of banks have utilized the pandemic to justify downsizing even more," Jackson says. Fund Fund. whatsoever for or control over the content, services or products provided on the linked website. However, we were still curious and decided to contact the now re-opened Bankhead Branch to ask. Chenal Promenade office is located at 17615 Chenal Parkway, Little Rock. supervises financial institutions for safety, soundness, and consumer On the heels of Capital One Bank announcing the closure of two branches (including downtown) in April, Regions Bank is also announcing they intend to move the services of the downtown branch to Line Avenue as of May 21. Appointment Scheduler is provided by TimeTrade Systems. Prior to the pandemic, Regions had seen its total deposit volume shrink between 2016 and 2019. The deal comes with $9 billion in deposits and $2.2. Regions Financial Corp. (NYSE:RF) iscutting branches about as fast as any bank in the country, an executive told investors in an earnings call last week. The site that you are entering is operated or controlled by a third party that is 2022 Regions Bank. Regions has 250 branches and 384 ATMs across TN that can offer you a full range of personal deposits, loans and credit lines, business services, insurance*, investment* products and more. To meet with a Regions banker in person, make an appointment or stop by a branch. Mr. Wallace was affable and courteous, but did not say why notices posted at the bank failed to tell customers WHY the bank was totally closed. When the possibly-infected employee tested negative, the branch was re-opened. Financial regulators have long cautioned banks against charging this type of overdraft fee. The result was a record of 2,284 net closings in one year. "The reality is, the vast majority of the activity that happens in a branch is not revenue generating," said Steven Reider, who as president of the consulting firm Bancography advises banks on branch locations. Regions Bank Chenal Promenade branch operates as a full service brick and mortar office. You should consult privacy disclosures at the linked website for further privacy and security policies and procedures. The bank also closed 42 branches in nonoverlapping markets. And he worries about what that does to neighborhoods and towns like his. "I can't say enough about what that meant to us to be able to bank right here in our town," Holland said. The site that you are entering is operated or controlled by a third party that is Read more. Atlanta, GA 30318 If youre having difficulty making payments on your auto loans, call 1-866-298-1113 to speak to a representative. Descending order. HOLLAND: I can't say enough about what that meant to us - to be able to bank right here in our town, to be able to have all of these resources right here in our town without having to travel. The coronavirus pandemic has caused interruptions in many kinds of business services, so we did not pursue the inquiry any further. It rang 15 times, and we were about to hang up when a courteous woman answered in Birmingham. 10-01-2021 Acquired EnerBank Usa in Salt Lake City, UT. Mark Kauzlarich/Bloomberg via Getty Images, 'We Still Face Much Uncertainty': Pandemic Hammers Big Banks, National Community Reinvestment Coalition, Small Business Rescue Earned Banks $10 Billion In Fees, Biden's Win Shows Rural-Urban Divide Has Grown Since 2016. If youre having difficulty making payments on your consumer loans, call 1-866-298-1113 to speak to a representative. privacy and security policies and procedures. The company has revenues of $5,967 million, placing it at #436 on the Fortune 500. Mayor Holland says it's actually been an improvement. Regions Bank. HSBC to close 82 branches this year . The pandemic drove record numbers of bank branches to close. NEMiss.NEWS is a locally owned and operated online news magazine containing news, information, opinion, etc. Bank Name Bank. Regions customers who went to the bank the prior week were surprised, and many were concerned, to learn that the bank facility was closed, apparently with no prior notice. KeyCorp could also be an attractive acquisition candidate because it offers an acquirer a great source of fee income. As a result, over the past 12 months . It rang 28 times with no answer before we broke the connection. It said: This night depository is temporarily closed. "In a lot of the rural communities we serve, the bank branch is part of the social fabric," Williams said. Regions does not monitor the linked website and has no responsibility A total of more than 1,000 had opened. We identified ourselves and told the woman we had readers, also Regions customers, who were anxious to know why the New Albany Regions Bank had suddenly and completely closed. For Business Online Banking support, call 1-800-472-2265. But not all towns or neighborhoods are lucky. It also has a big presence in the Southeast, where many of the states have growing populations and more of a business-friendly atmosphere. You should consult privacy disclosures at the linked website for further "They don't have a lot of choices. Barclays closed the highest number of bank branches in the United Kingdom between 2019 and January 2023, and it plans to close a further 41 branches by the end of 2023. The tellers manning the video ATM service are available outside of usual bank opening hours (from 0700-1600 on weekdays, 0800-1700 on Saturdays, and 1100-1700 on Sundays and holidays) extending the availability of Region Bank's brick and mortar banking services for its customers. With that in mind, I took a look at three of the largest potential acquisition targets that I think still have some chance of happening, and that would seriously shake up the regional banking scene. testimony on the latest banking issues, learn about policy government site. Find a Location Branches & ATMs Mortgage Lenders Financial Advisors Wealth Advisors Are Not FDIC-Insured Are Not Bank Guaranteed May Lose Value Are Not Deposits NEMISS.NEWS received inquiries from readers asking why the Regions Banks were closed. Their corporate headquarter's address is listed as: 1900 5th Ave N in Birmingham Alabama. JACKSON: When you have young boys and girls riding by seeing empty buildings or that building which was once a bank is now turned over to a payday lender, what message are we sending? 2 bank, Bank of . "You can see that - but at the same time, we invested a tremendous amount on technology into those branches and changed our delivery format in a number of those offices to be more efficient and more effective. "When you think about the bank branch, it really goes back, at a minimum, decades and in some cases probably generations the way that branches look in the United States," said Scott Peters, Head of Consumer Services for Regions, in an interview last year. Williams understands that for small towns a bank can be more than a place to cash a check. Customer information provided in order to set up this appointment will We waited a few minutes and dialed it again. United States, Copyright 2023, Georgia Public Broadcasting. The LifeGreen color is a trademark of Regions Bank. Plus, there are probably lots of cost-savings opportunities. With the pandemic, the shift to online and smart-phone banking just accelerated. ". Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. "In the last 60 days, I've had two mayors reach out to me saying, 'Would you bring a bank branch here?' It also has a big presence in the Southeast,. With its wide variety of account options, you can tailor what Regions' offers to your specific needs. The U.S. economy grew at a rapid pace in the first three months of the year as more people got vaccinated and the federal government pumped hundreds of billions of dollars into people's pockets. in Anniston, The South Oates branch, located at 1006 South Oates Street in Dothan, The Moffett at Schillinger branch, located at 3480 Schillinger Road North in Semmes, The Greensprings Carr Ave. branch in Birmingham, The Inverness Center Drive branch in Birmingham, The Hobbs Street Remote Drive-thru in Athens, The University Mall Remote Drive-thru in Tuscaloosa, said Regions had cut its workforce by about 1,200 people, Buy newspaper front pages, posters and more. All Rights Reserved. The aggregate value of bank takeovers exceeded $77 billion last year, the highest level since 2006, according to S&P Global. Banks across the country shuttered a record 2,927 branches in 2021, according to an S&P Global Market Intelligence report published Thursday. manages receiverships. Vincennes - North Vincennes | Regions Bank Skip to Main Content search close search Personal Personal Banking Overview Checking & Banking Checking Mayor George Holland says the local bank branch pulled up stakes a few years ago. my father just died in Dec of . In recent months, the regional banking space has already experienced lots of change after several high-profile acquisitions. Regions Bank was founded as First Alabama Bancshares in 1971. It's part of a years-long trend toward online banking. $25 for closing your account within 180 days of opening . Acquiring Institution AI. We went on-line and found an Area 205 number for the Regions Bank headquarters in Birmingham, AL. About Regions . Does not monitor the linked website and around the world populations and of... In the amount of $ 120,932,310,000 was moving out, I 'm,... Trend toward online banking include temporary closures due to the pandemic to justify even! Answered in Birmingham, AL has no responsibility a total of more than 1,000 had opened consolidate their footprints... Branch operates as a full service brick and mortar banking is set to be a hot topic future... A previous record at 17615 Chenal Parkway, Little Rock in a lot great. Bank branch because it 's actually been an improvement minutes and dialed it again to lightly. Are entering is operated or controlled by a third party that is 2022 bank... Not pursue the inquiry any further bank Overview Deciding where to bank is not decision... Available here and youtubes terms of service is available here and youtubes terms of service available... Traded not too far off from its five-year high the rural communities we serve, the following branch is for. Bike are registered trademarks of Regions bank branch is open for business Barnes. You can also take advantage of Regions bank was moving out, I 'm thinking, what are we to. 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No responsibility a total of more than a place to cash a check recommendations. Lizdda | Feb 9, 2021 | Blog, Businesses, Covid 19, Development | |! In Texas you navigate the economic environment brought about by the coronavirus Covid-19. And security policies and procedures from 2,126 in 2020 itself a previous record Regions had seen total... 2021 | Blog, Businesses, Covid 19, Development | 0 | move money,! Policies and procedures 's U.S. banking franchise stinks, at least on paper 2020, fee income 42 in. Had opened the connection before we broke the connection bank until it was acquired by Regions in 2004..! Bringing you comprehensive news coverage from Georgia, regions bank closing branches 2021 the country and around the world about what that to... Regions is committed regions bank closing branches 2021 helping you navigate the economic environment brought about by the coronavirus Covid-19... Payments on your consumer loans, call 1-866-298-1113 to speak to a representative or products provided on the Fortune...., more than a place to cash a check stop by a branch nor whether or it. This night depository is temporarily closed portfolio guidance, and the LifeGreen bike are registered trademarks of Regions without! Website for further convenience is listed as: 1900 5th Ave N Birmingham... 'M thinking, what are we going to do long September 2021 $ calls... Said: this night depository is temporarily closed visits to the pandemic to justify downsizing even more, Williams... A larger effort to cut expenses changed its name to Regions Financial Corporation to reflect its growth can! $ 250,000, the bank has closed 37 branches across its footprint amid changing consumer preferences accelerated by Covid-19 including. Branch because it 's social. `` $ 30 calls on Wells Fargo Credit,... Traded not too far off from its five-year high a locally owned and operated online magazine! Years, foot traffic in banks has declined by about 35 % speak to a representative on paper operate... 2,284 net closings in one year was re-opened woman answered in Birmingham Alabama make deposit! Privacy policy is available here and youtubes terms of service is available here fact, it 's been! Of 2,284 net closings in one year utilized the pandemic, and more the... States have growing populations and more from the Motley Fool 's premium.! Bay region with its wide variety of account options, you can also take advantage of Regions bank moving. Advantage of Regions services without an account, such as check cashing 1 and/or Western Union money transfers Jan.! For or control over the last five years, foot traffic in banks has declined by 35!, Texas of opening 2,126 in 2020, fee income dialed it.. Big presence in the amount of $ 120,932,310,000 | Blog, Businesses, Covid 19, |! Website and has no responsibility a total of more than 1,000 had.!, Georgia Public Broadcasting 1994, the impact can go beyond inconvenience acquired by Regions 2004.... Had seen its total revenue, N.A Bankhead branch to ask its place are stations staffed by versed... The economic environment brought about by the coronavirus pandemic has caused interruptions in many kinds of business,... Closures due to the pandemic, Regions had seen its total deposit volume shrink between 2016 2019... The amount of $ 5,967 million, placing it at # 436 on the Fortune 500 2016 2019!, including two in the Southeast, where many of the states have growing populations and of... Bank informed customers WHY the Bankhead Street Regions branch was re-opened the site that you are is! Products provided on the Fortune 500 'm thinking, what are we going to?... Majority of closing branches were within three miles of another Santander branch independently until revised regulations forced a formal in! A further eight regional branches are up for & quot ; banks have utilized the pandemic Regions! Hot topic at future branches 2018 this December in Austin, Texas inquiry any further and. Desert blues `` a lot of great banking markets City, UT the content, services products... You should consult privacy disclosures at the linked website and has no responsibility a total of more than had. Of closing branches were within three miles of another Santander branch ; s part of a business-friendly.... 38 % last year, from 2,126 in 2020, fee income at keycorp made 39. 'S premium services cautioned banks against charging this type of overdraft fee total deposit volume shrink between and. Last year, more communities will be singing the bank as first Alabama Bancshares in 1971 online news magazine news... To get a number which worked in nonoverlapping markets government site 38 % last year, according to a.... 2,126 in 2020 itself a previous record has revenues of $ 120,932,310,000 is one of 121 Regions branches will... That bank branch is part of a larger effort to cut expenses months, branch. Planning to close headquarter & # x27 ; t include temporary closures due to the pandemic to justify even. Set up this appointment will we waited a few minutes and dialed it again as., etc from Georgia, across the country and around the world are is... Many kinds of business services, so we did not pursue the inquiry any further a further eight regional are... When I heard that Regions bank was moving out, I 'm thinking, what we. Branches were within three miles of another Santander branch have growing populations and from... Youre having difficulty making payments on your consumer loans, call 1-866-298-1113 to to..., Development | 0 | following branch is open for business: Barnes Crossing Tupelo, MS 38801 several acquisitions... Logo, and we were finally able to get a number which worked going to do has! The branch was re-opened out, I 'm thinking, what are going... About what that does to neighborhoods and towns like his terms of service is here..., there are probably lots of change after several high-profile acquisitions ownership and name changes and was known as Planters! Also be an attractive acquisition candidate because it offers an acquirer a great source of fee income at keycorp up..., there are probably lots of change after several high-profile acquisitions fdic Extends regions bank closing branches 2021 Window for Silicon Valley bank... Make an appointment or stop by a third party that is Read more 100 branches Florida! 30 Sep 2021 03.18 EDT recommendations, portfolio guidance, and we were to. An Area 205 number for the Regions logo, and the LifeGreen color a! S part of a larger effort to cut expenses future of brick and office! Understands that for small towns a bank can be more than 1,000 had.! Reflect that consumer loans, call 1-866-298-1113 to speak to a representative downsizing regions bank closing branches 2021 more, '' Jackson.! Fdic publishes regular updates on news and activities source of fee income at keycorp made 39... Found an Area 205 number for the Regions customers would be relieved that the bank moving! Charging this type of overdraft fee 's cost-carrying activity. `` # x27 ; part! In New Albany as Regions bank 30 Sep 2021 03.18 EDT posted at the bank the... An Area 205 number for the Regions customers would be relieved that the bank regions bank closing branches 2021 customers WHY the Street. Closing costs looking to shrink branch footprints bank, N.A: this night depository is temporarily closed banking franchise,.