Regions Bank Increases Prime Lending Rate
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jun 14, 2018--Regions Bank today announced it is increasing its prime lending rate to 5.00 percent from 4.75 percent, effective today.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $123 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 1,900 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
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CONTACT: Regions Financial Corporation
Evelyn Mitchell, 205-264-4551
Regions News on Twitter:@RegionsNews
KEYWORD: UNITED STATES NORTH AMERICA ALABAMA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Regions Financial Corporation
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PUB: 06/14/2018 09:00 AM/DISC: 06/14/2018 09:01 AM