Regions Bank (NYSE:RF) says it has contributed $1 million to help those affected by the devastating outbreak of tornadoes that struck Alabama and other Southern states on April 27.
In addition, donations for the American Red Cross' Tornado Disaster Relief Fund will be accepted from the general public at all Regions Bank branches in the 16 states the company serves.
"Many areas have been hit hard by these storms, particularly our home state of Alabama," said Grayson Hall, President and CEO of Regions Financial. "Now is the time to reach out and offer the help and assistance people need to begin rebuilding."
Regions is also providing assistance to customers and businesses in storm affected areas through special loan offers, waivers and deferred payments. Customers who need information on assistance should contact their local branch or call 1-800-REGIONS.
Regions is also partnering with various local agencies in areas affected by the storms to provide volunteer assistance. Regions associates can work with these and other relief organizations that provide direct assistance to those hardest hit through the company's volunteer program, What a Difference a Day Makes, which provides each of our more than 27,000 associates a paid day off for volunteer work.
Regions Financial Corporation, with $132 billion in assets, is one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services.