Regions Bank Review 2026
Regions Bank is a regional financial institution serving customers across the South, Midwest, and Texas. It provides a comprehensive suite of banking, wealth management, and mortgage products.
Founded
1971
Headquarters
Birmingham, AL
Total Assets
$155 billion
Branches
1,300+
BankingDeal Rating
Based on rates, fees, features, and customer satisfaction
3.7
out of 5.0
Rates & Fees
| Product | Rate / Fee |
|---|---|
| Savings APY | 0.01% |
| 12-Month CD APY | 4.25% |
| Checking Monthly Fee | $8 |
Rates shown are for illustration. Verify current rates directly with Regions Bank.
Products Offered
Pros & Cons
Pros
- Strong Southeast and Midwest presence
- LifeGreen checking with rewards
- Competitive mortgage rates
- Good wealth management services
- Student account options
Cons
- Limited national footprint
- Monthly fees on most accounts
- Lower savings APY
- Online banking features lag competitors
Our Verdict
Regions Bank is a decent option for those who value 1,300+ branch locations and a full suite of banking products. Strong Southeast and Midwest presence, making it worth considering in the traditional banking space. While savings rates at 0.01% are lower than online competitors, the convenience of branch access and comprehensive product offerings may offset this for many customers.
Related Resources
Frequently Asked Questions
Is Regions Bank a good bank?
Regions Bank has a rating of 3.7/5 on our scale. Strong Southeast and Midwest presence. However, limited national footprint. Whether it is right for you depends on your specific banking needs and priorities.
What is the savings account APY at Regions Bank?
Regions Bank currently offers a savings APY of 0.01%. Online banks may offer higher rates, though Regions Bank provides other benefits like branch access. Rates are subject to change. Verify current rates directly with Regions Bank.
Does Regions Bank charge monthly fees?
Regions Bank charges a $8 monthly maintenance fee on its standard checking account, though this can often be waived by meeting certain requirements such as maintaining a minimum balance or setting up direct deposit.
What products does Regions Bank offer?
Regions Bank offers Checking Accounts, Savings Accounts, CDs, Credit Cards, Mortgages, Personal Loans, Wealth Management. Services are available online, through the mobile app, and at 1,300+ branches nationwide.
Where is Regions Bank headquartered?
Regions Bank is headquartered in Birmingham, AL. Founded in 1971, Regions Financial Corporation has grown to manage $155 billion in total assets. It operates 1,300+ branches.