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Regions Bank Reduces its Prime Lending Rate

October 30, 2019 GMT

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Oct 30, 2019--

Regions Bank today announced it is reducing the Regions prime lending rate to 4.75% from 5.00%, effective Thursday, Oct. 31.

About Regions Financial Corporation:

Regions Financial Corporation (NYSE:RF), with $128 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, and mortgage 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 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191030005913/en/

CONTACT: Evelyn Mitchell

205-264-4551

Regions News Online: regions.doingmoretoday.com

Regions News on Twitter: @RegionsNews

KEYWORD: ALABAMA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES

SOURCE: Regions Financial Corporation

Copyright Business Wire 2019.

PUB: 10/30/2019 03:00 PM/DISC: 10/30/2019 03:01 PM

http://www.businesswire.com/news/home/20191030005913/en