Regions Bank

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70 - 71 Month Relationship CD - Promotional

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.01%	Checking	Lifegreen Preferred Checking 0.13% - National Average
0.01%	Savings	Regions Savings 1.05% - Ally Bank Online Savings Account
0.01%	Money Market	Money Market Account 0.85% - Ally Bank Money Market Account

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Overview / Commentary

regions.com

800-734-4667

1900 Fifth Avenue North
Birmingham, AL 35203

Regions Bank is the banking division of the Regions Financial Corporation, which is one of the largest financial service providers in the United States. The bank provides individual and commercial customers with deposit and loan products and services, as well as trust and wealth management services. Regions Bank also employs Wealth Advisors on its wealth management side to provide customers with guidance on various investment and insurance products.

On its Personal Banking side, Regions offers its customers various depository products including Checking, Savings, Money Market, and Certificate of Deposit accounts. Multiple checking accounts are available that offer simple services like direct deposit and check writing. Several checking account offerings are customized for different demographics like seniors and students, and most of the accounts have no monthly fees. As far as savings accounts, Regions offers one with a good interest rate if conditions are met, as well as an account for minors. Money Market accounts are available as well and come with a monthly fee and minimum balance requirements. Regions also offers CDs that range in term lengths starting from as short of a period as 7 days.

Regions Bank online banking is a sophisticated Internet platform on which customers can pay bills, view check images, transfer funds, and manage their rewards. The bank’s reward program offers points for purchasing activities performed using a Regions-issued Visa checkcard. Regions Bank also has a mobile smartphone app that allows customers to perform tasks like bill pay, account management, mobile deposit, and fund transfer while on the go.

Regions Bank is headquartered in Birmingham, Alabama, and is the largest bank in the state and one of the largest banks in the southeastern United States. It operates over a thousand branches across multiple states in the region. Regions Bank was originally established as the Exchange-Security Bank in 1928 before changing its name to First Alabama Bank of Birmingham in 1975. After a series of acquisitions and mergers, the bank expanded its operations to cover the majority of the Southeastern United States. In 1994, the bank changed its name to Regions in order to reflect their expanding operational presence.

10/20/14 - Earn $165 When You Open A LifeGreen Checking Account At Regions Bank
7/7/14 - Competitive 70-Month Promotional CD at Regions Bank
1/19/14 - Regions Bank Exits Payday Loan Business
4/17/13 - No Hackers To Blame For Regions’ Website Outage
3/22/13 - Another Regions Bank's $125 Checking Account Bonus - Available in Several States
7/31/12 - Regions Bank's $125 Checking Account Bonus in Several States
4/4/12 - Treasury: Regions Financial Repays TARP Funds
8/29/11 - Regions CD Owners Take Note
8/18/11 - Large Banks Adding New Fees for Debit Card Usage
1/9/11 - Regions Bank CD Special Relationship Rates On 1/9/2011
12/7/10 - Regions Bank CD Special Relationship Rates
1/9/10 - 2.00% 12-Month CD, 2.50% 23-Month CD & 3.25% 42-Month CD at Regions Bank in Several States
12/16/09 - 2.00% 15-Month CD & 2.50% 23-Month CD at Regions Bank in Several States - Local Only
10/24/09 - 3.25% 42-Month CD at Regions Bank in Several States
9/20/09 - 3.25% 42-Month CD & 2.50% 23-Month CD at Regions Bank in Several States
4/21/09 - 3.25% 39-Month CD and Other Competitive CD Rates at Regions Bank
11/10/08 - Update on Regions CD and Money Market Account Promotions
10/9/08 - 4.00% Money Market Promotion and Update on CDs at Regions
10/3/08 - 5.00% 30-Month CD at Regions Bank
8/29/08 - 5.00% 6-Month CD at a Georgia Bank (Integrity Bank).
8/29/08 - 5.00% Reward Checking Account at a Georgia Bank (Integrity).
8/29/08 - 4.25% 10-Month CD at a Georgia Bank (Integrity).
8/5/08 - 4.00% 7-Month / 4.75% 30-Month CD at Regions Bank (Rates May Vary By State)

Reviews (56)

Featured Account Options

nice easy breezy banking

Posted by: cmartz679 | Nov 23, 2016

I always have positive experiences when I have to go to the bank, if I have ever needed anything they have never let me down. The staff there are always super kind to us. I've had a few instances with fraudulent charges but they resolved the matter right away. I am a very happy customer.

Comment

1

Best B&M I've Banked With

Posted by: grenadia | Apr 11, 2015

You won't get the great rates like you might at an online bank, but for what it is, I think it's the best bank out there.

Comment

6

Great place

Posted by: constancebean2 | Mar 6, 2017

I recently opened an account with Regions bank and the employees helped me a great deal when deciding which account I wanted to open. I went with checking and savings account, I'm very happy with this bank. When I first walked in I was welcomed with a smile and complimentary coffee, I was greeted warmly and was directed over to someone that could help me set up an account. I was informed the whole way through the meeting about interest rates, low balances etc. I'm thrilled to say Regions is my number one bank. I will never go back to my old bank as it was not an appropriate fit for me but i will highly recommend this bank to all my friends and family members.

Comment

1

Forged Checks & Regions Charges For Statements

Posted by: NewOrleans | Nov 22, 2015

I had checks stolen out of a filing cabinet by our housekeeper. Over the course of 5 months she stole $17,000 in forged checks. I went paperless and did not notice until I saw quite a few checks on the account and looked into them. I found that the housekeeper had written them out to cash and signed and cashed them at Regions. $4,000 of what was missing I reported 7 days after the last statement was issued. I filled out the affidavid, had it notarized, provided all police reports and information to dispute and have reversed. They declined ALL reimbursements even though the law states I have 30 days to report fraud from the statement date. They said we suggest I close the account and contact the police. The account was frozen and they have all the police information and SHE'S IN JAIL & the evidence is solid, the police caught her with one of my forged checks in her wallet with her finger print (the account had been frozen when she tried to cash that one).

That's one issue but A BIGGER one is that she went to MY bank, MY branch walked up to the counter and signed a name other than her real name to the check. She either had a fake ID or no ID but she cashed forged checks made to cash with no problem, some were for $550! AND she did so on a money market I have never even touched. Shouldn't Regions have some responsibility to check signatures, call me, check her ID? Clearly it was suspicious. They took fingerprints but guess what, they throw the original finger printed checks out so the police are not able to use a photocopy as evidence! Why would you even bother with the finger print!

At the same time that this happened I notice a $1,500 withdrawl from my bank account. I called Regions to ask what that was. Regions had charged me $1,500 for pulling a years worth of bank statement on that one account. I needed it for the accountant and it wasn't available online. When I went to the bank to have them get the statements for me the woman I spoke to said, I can get this done for you for free. I said great thinking to myself what would it cost anyway $30. I never got the statements from Regions, she was suppose to call me and when I called and left messages I never heard back so my accountant did the taxes without them.

So Regions charged me $1,500 to pull copies of 12 months of bank statements with very little activity on them. I went into Regions and talked to the same woman who told me she could do it for free. She said "No I told you it would cost $25 per hour for research fees" NOT TRUE! And are they trying to say that printing out a years worth of statements takes them 60 hours! WTF. They refuse to give me back the $1,500 they stole out of my account.

So because of Regions negligence and shady practices I am out $18,500. It appears I am going to need to get a lawyer.

Comment

8

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Health

A

Data as of Q1 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	12368
Year Established	1928
Employees	21345
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.04%
Return on Equity - YTD	7.98%
Annual Interest Income	$938.9MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$123.6B$124.6B
Loans	Q1 2017vs Q1 2016	$79.32B$80.81B
Deposits	Q1 2017vs Q1 2016	$100.6B$99.65B
Equity Capital	Q1 2017vs Q1 2016	$16.19B$16.51B
Loan Loss Allowance	Q1 2017vs Q1 2016	$1.06B$1.15B
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$1.14B$1.20B
Real Estate Owned	Q1 2017vs Q1 2016	$91.5MM$115.0MM

Rates

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Money Market
Checking
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Always verify rates and promotions with the bank or credit union. We are not Regions Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Regions Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.01%^†	-	-	Lifegreen Savings
0.01%^†	-	-	Regions Savings
0.01%^†	-	-	Savings for Minors

Regions Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*^†	$100k^*	$1m	Platinum Relationship Money Market Special
OTHER TIERS: 0.01% → Up to $5k \| 0.05% → $5k - $20k \| 0.10% → $20k - $30k \| 0.20% → $30k - $100k
0.10%^*^†	$100k^*	-	Platinum Relationship Money Market
OTHER TIERS: 0.01% → Up to $5k \| 0.03% → $5k - $20k \| 0.05% → $20k - $100k
0.01%^†	-	-	Money Market Account
0.01%^†	$50	-	Money Market IRA

Regions Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.01%^†	-	-	Lifegreen Preferred Checking
0.01%^†	-	-	Business Interest Checking

Regions Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%^†	$10k	-	70 - 71 Month Relationship CD - Promotional
2.00%^†	$10k	-	Business 70 - 71 Month Relationship CD - Promotional
1.25%^†	$10k	-	48 Month Promotional Relationship CD
1.25%^†	$10k	-	Business 48 Month Promotional Relationship CD
1.01%^†	$10k	-	28 Month Promotional Relationship CD
1.01%^†	$10k	-	Business 28 Month Promotional Relationship CD
0.60%^†	$500	-	60 - 69 Month Relationship CD
0.60%^†	$500	-	Business 60 - 69 Month Relationship CD
0.60%^†	$500	-	72 Month Relationship CD
0.60%^†	$500	-	Business 72 Month Relationship CD
0.50%^†	$500	-	49 - 59 Month Relationship CD
0.50%^†	$500	-	Business 49 - 59 Month Relationship CD
0.30%^†	$500	-	36- 47 Month Relationship CD
0.30%^†	$500	-	Business 36- 47 Month Relationship CD
0.20%^†	$500	-	24 - 27 Month Relationship CD
0.20%^†	$500	-	29- 35 Month Relationship CD
0.20%^†	$500	-	Business 24-27 Month Relationship CD
0.20%^†	$500	-	Business 29- 35 Month Relationship CD
0.10%^†	$500	-	12 - 17 Month Relationship CD
0.10%^†	$500	-	18 - 23 Month Relationship CD
0.10%^†	$500	-	Business 12 - 17 Month Relationship CD
0.10%^†	$500	-	Business 18 - 23 Month Relationship CD
0.05%^†	$500	-	6 - 11 Month Relationship CD
0.05%^†	$500	-	Business 6 - 11 Month Relationship CD
0.03%^†	$500	-	1 - 5 Month Relationship CD
0.03%^†	$500	-	Business 1 - 5 Month Relationship CD
0.01%^†	$2,500	-	0 Month Relationship CD
0.01%^†	$2,500	-	Business 0 Month Relationship CD

Regions Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.33%^†	$250	-	18 Month Variable Rate IRA
1.25%^†	$4k	-	48 Month Promotional IRA
1.01%^†	$4k	-	28 Month Promotional IRA
0.60%^†	$250	-	60 - 72 Month IRA
0.50%^†	$250	-	49 - 59 Month IRA
0.30%^†	$250	-	36- 47 Month IRA
0.20%^†	$250	-	24- 27 Month IRA
0.20%^†	$250	-	29-35 Month IRA
0.10%^†	$250	-	12 - 17 Month IRA
0.10%^†	$250	-	18 - 23 Month IRA
0.05%^†	$250	-	6 - 11 Month IRA

Locations

Regions Bank has 1,538 locations. Click to view all Regions Bank locations.