Regions Bank provides everyday banking, investing, lending, and insurance services to their customer base. These solutions are available for individuals with personal needs, small businesses, and commercial businesses. There are also opportunities for wealth management for affluent persons through Regions Bank.

Checking Accounts

Regions checking accounts are a convenient option for those looking for standard and above-average features. All Regions Bank checking accounts come with free access to only banking, secure mobile banking, multiple overdraft protection options, a Regions Visa CheckCard, cash back rewards, discounts on safe deposit box, and free access to withdrawals and transfers at more than 2,000 Regions Banks ATMs. There are six different Regions checking accounts which includes:

LifeGreen Checking account: available with no monthly fee and option to earn an annual savings bonus and requires a $50 deposit to open.
LifeGreen eAccess account: available with no monthly fee and option to earn an annual savings bonus and requires a $50 minimum deposit to open.
LifeGreen Simple Checking account: available with no monthly fee and option to earn an annual savings bonus and requires $50 minimum deposit to open and comes with unlimited check writing.
LifeGreen Preferred Checking account: earn interest and enjoy the other added benefits of maintaining a more extensive relationship with Regions.
Age-Defined Checking accounts: restrictions based on age
LifeGreen Checking for Students: no monthly fee for students age 25 or younger with the benefits of LifeGreen Checking.

Features and Services

Financing life's opportunities and milestones is another financial feature Regions Bank can help their customers with. With Regions Bank, customers will have access to loan options, personal guidance, and complete understanding. Personal loans and credit include the following solutions:

Credit Cards: several credit card options to provide you with convenience, security and even Regions Relationship Rewards.
Mortgage Loans: home purchase or refinance, Regions has the loan program to meet all needs.
Unsecured Loans and Lines: Regions offers several line of credit products, designed to meet a variety of needs
Student Loans: the power to choose the right products and the flexibility to customize those products to meet all needs.
Home Equity Loans: Use the value in your home to finance your dreams.
Auto Loans: flexible terms and competitive rates to put you in a good vehicle.
Secured Loans and Lines: Personal installment loans can be used to purchase just about anything.

Saving and investment opportunities are also available. There are a number of savings accounts and investment opportunities through Regions Bank. There are Money Market, CDs, and IRA Solutions all available.

thumb_down

The Bad

Limited locations
Insurance issues

Limited Locations

Regions Bank only services the southeast portion of the United States. In total, Regions Bank services sixteen states across the country. Individuals or businesses not located in the following states will not be able to use Regions Bank as their financial platform:

Iowa
Illinois
Indiana
Missouri
Alabama
Louisiana
Texas
Mississippi
Alabama
Georgia
Florida
North Carolina
South Carolina
Virginia
Kentucky
Tennessee

Insurance Issues

While it convenient to have insurance solutions conducted through a bank, there are some issues with the Regions service. There are individual, property, vehicle, and life insurance options available. Customers can utilize overdraft protection and safe deposit boxes. The insurance is not backed by the FDIC and is not actually done through Regions. Instead it is conducted through an affiliate of Regions Bank, known as Regions Insurance, Inc.

gavel

The Bottom Line

Regions Bank helps thousands of people finance important opportunities and satisfy standard banking needs. Whether you are a business owner or an individual, Regions Bank offers solutions for a wide-range of needs. Those that decide to bank with Regions can expect the following from the service:

Number of checking accounts to choose from
Savings and investment opportunities
Solutions for loans/lending
Limited service area
Insurance available

Was this content helpful?

thumb_up Yes thumb_down No

border_color Write a Review

User Reviews

Star Rating

4.6

star star star star star_half

13 Reviews

Review Breakdown

5 grade

62%

4 grade

31%

3 grade

2 grade

1 grade

Sentiment Criteria

Value

star star star star star_half

Quality

star star star star star_half

Service

star star star star star_half

Trustworthiness

star star star star star

cancel

star star star star star_border

Vanessa Butler Columbia, MO

They were helpful in making sure I had the plan that fit my need. I don't usually do banking g so therefore the plan they chose was just what I needed.

4 years ago

star star star star star_border

Brayden Ibert Houston, TX

I use Regions for my banking. The overdraft protection is so helpful. The bankers helping make my account were helpful and seemed like they wanted to be there.

6 years ago

star star star star star_border

Phebe Rowland Fayetteville, AR

Regions has an incredible and helpful staff. The app is easy to work, and you can make easy and quick transfers. The app is also extremely secure.

5 years ago

star star star star star_border

kennet walling

will never aprove for a loan after 20 years of banking with them

8 years ago