Regions Financial Corp. is a bank holding company for Regions Bank.
The bank provides traditional retail and mortgage banking services, commercial and financial services in the fields of asset management, trust, investment banking, mutual funds, insurance securities brokerage and other specialty financing. The company operates business in three segments: Business Services, Wealth Management and Consumer Services.
The Business Services segment shows the company's commercial banking functions including commercial real estate, commercial and industrial, and investor real estate lending. It also includes equipment lease financing. The Consumer Services segment depicts the company's branch network, which includes consumer banking products and services related to, home equity lines and loans, indirect loans, residential first mortgages ,consumer credit cards and other consumer loans. These services are also provided the internet and telephone banking. The Wealth Management segment products and services such as commercial insurance, trust activities, credit related products, and investment management. Regions Financial came into existence in 1971 with headquarters in Birmingham, AL. The CEO of the company is O B Hall Jr and company employees 23723 employees