Regions Financial Corporation (NYSE: RF) announced today that it is launching an innovative new suite of products and services exclusively designed for business clients. Regions Business Essentials Solutions includes a cash management package and allows clients to manage cash flow more effectively while saving hundreds or even thousands of dollars.
“Our clients want relationships and solutions that can grow with them,” said Tim Laney, senior executive vice president, Business Services. “Our new Regions Business Essentials Solutions gives business owners the flexibility to add services as their business grows and allows us to anticipate client needs and meet their financial demands no matter their size or complexity.”
Three offerings – Free Business Checking Solution, Advantage Business Checking Solution and Business Analyzed Checking Solution – are available within the Regions Business Essentials Solutions suite of services. Key features include:
- Free Regions Access Business Platinum CheckCard with CheckCard Rewards including a one percent rebate (up to $50 per month) for all signature-based purchases for the first three months
- Free personal checking account for the business owner(s)
- Discount on first order of checks
- Two free stop payments (available on Advantage Business Checking Solution and Business Analyzed Checking Solution)
- Additional cost savings via cash management packages designed exclusively for Advantage Business Checking Solution and Business Analyzed Checking Solution clients
“Clients will enjoy the conveniences of bundled services with Regions Business Essentials Solutions and our cash management services,” said Laney. “Cash management is a key driver for business, and these new packages address clients’ comprehensive needs while increasing efficiency.”
Regions’ cash management packages focus on three fundamental business client needs:
- Information reporting that is accessible 24 hours a day, 365 days a year
- Electronic processing of payroll and tax payments
- A Wire Origination Module that combines the information reporting and electronic payment packages
- Cash management expansion without changing platforms, passwords or other security features
“We will continue to provide client services that are convenient, simple and accessible,” said Laney. “Whether our client is starting or expanding a business, we are committed to offering simple and hassle-free banking with the service and feel of a hometown bank.”
About Regions Financial Corporation
Regions Financial Corporation is a member of the S&P 100 Index and Forbes Magazine's "Platinum 400" list of America's best big companies. With $141 billion in assets, Regions is one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates almost 2,000 banking offices and nearly 2,500 ATMs. Its investment and securities brokerage, trust and asset management division, Morgan Keegan & Company Inc., provides services from over 400 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.
Contacts:
Shanon Rust, Corporate
Communications, 205-264-4551
shanon.rust@regions.com
