When was regions bank founded

In , it was ranched No. Regions Financial Corporation came into being in when three banks from Alabama Merged:. When it was founded, the bank was known as the First Alabama Bancshares.

The banks did continue to operate independently until when the merger was finally formalized. Regions Center is story office building in Birmingham that currently serves as the corporate headquarters of Regions Financial Corporation. The office tower in feet tall and is located on the corner of 20 th Street and 5 th Avenue North.

The building was completed in and is more commonly known as the AmSouth-Sonat Tower. This is because it initially served as the headquarters of both Amsouth Bancorporation and Sonat, Inc. In Late though, AmSouth merged with Regions and both the name of the building and the logo displayed were changed to that of Regions.

The lighting in the building is changed during the Christmas season to depict various holiday themed items. Many mid-level jobs would likely remain, but the top executive positions would be eliminated—and local professional firms that support Regions would be impacted. How we can avoid this economic apocalypse. We used to have 30 public companies headquartered in Birmingham. We now have only nine. Recruiting new public companies likely will not be our salvation.

Our best option is to invest and support small business and startups. I had reservations about offering the invitation because when I looked around the huge mostly empty floor of the building, I only saw a few scattered employees. But he assured me Shipt was growing. Shipt will continue to house its headquarters at the John Hand Building, where the company says it will remain in Birmingham and add jobs.

There are dozens of other potential Shipt-like startups currently being birthed in our region. Our economic success will be defined by growing baby companies, investing in them; supporting them, and then watching them blossom into economic giants. In , it established a statewide network of ATMs known as the Right Place banking machines, which provided customers with convenient banking options after hours at multiple locations.

Its extensive network of ATMs enabled Regions to play a key role in the organization of a statewide shared network with other banks, which went online in April The following year, Regions became the first bank in the state to offer its customers direct access to their account information by an automated telephone inquiry service.

Telephone banking services have since then been largely supplanted by online banking services. Beginning in , First Alabama Bancshares took advantage of changes in federal legislation that allowed it to purchase out-of-state banks. The company's first out-of-state acquisition was in Milton, Florida, in