Regions Bank Increases Prime Lending Rate
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Dec 19, 2018--Regions Bank today announced it is increasing its prime lending rate to 5.50 percent from 5.25 percent, effective Thursday, Dec. 20.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $125 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. Additional information about Regions and its full line of products and services can be found at www.regions.com.
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KEYWORD: ALABAMA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Regions Financial Corporation
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PUB: 12/19/2018 02:20 PM/DISC: 12/19/2018 02:30 PM