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Regions Geographic Footprint. Regions Financial Corporation, formerly known as First Alabama Bankshares, was founded on July 13, 1971 with the merger of three Alabama banks: First National Bank of Montgomery, Alabama (opened 1871), Exchange Security Bank of Birmingham, Alabama (opened 1928), and First National Bank of Huntsville, Alabama (opened 1856).
Chart of U.S. bank mergers. This 2012 chart shows some of the mergers noted above. Solid arrows point from the acquiring bank to the acquired one. The lines are labeled with the year of the deal and color-coded from blue (older) to red (newer). Dotted arrows point to the final merged entity.
The 39 branches divested in Alabama were sold to RBC Centura Bank and converted in Spring 2007. On November 4, 2006, Regions completed its acquisition of AmSouth. [2] AmSouth branches in Alabama, Florida, or Columbus, GA, either closed or converted to Regions on July 13, 2007.
Hall joined the Regions Financial Corporation in 1980. [2] He has served as its chief executive officer since 2010, and as its chairman since 2013. [1] He earned "just under $12 million" in 2012. [4] Hall was awarded the 2016 Mann Medal in Ethics and Leadership by Samford University in 2015. [2]
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An organizational chart, also called organigram, organogram, or organizational breakdown structure (OBS), is a diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs. The term is also used for similar diagrams, for example ones showing the different elements of a field of ...
Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,700 banking offices and 2,000 ATMs.
Regions Trust, formerly Regions Morgan Keegan Trust is the trust division of Regions Financial Corporation and its subsidiary Regions Wealth Management. The company, headquartered in Birmingham , Alabama and was created in 2002 when Regions Trust was combined with Morgan Keegan Trust to create Regions Morgan Keegan Trust.