Regions Bank announces special financial services in areas impacted by Hurricane Sally

Fee waivers, deferred payments and additional offers available to support storm recovery

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Regions Bank has announced a series of financial services that are available to help people and businesses in portions of Alabama, Florida and Mississippi that were impacted by Hurricane Sally. Options include payment extensions, the waiving of certain fees, interest rate discounts and additional offers.

“Regions Bank has been part of the Gulf Coast and our inland communities for many years, and we will be here in the days, weeks and months to come as storm recovery moves forward,” said John Turner, President and CEO of Regions Financial Corp. “These financial services are designed to make the recovery easier, and we encourage all customers impacted by Sally to contact us and discuss your individual needs.”

Disaster-recovery financial services available for a limited time include:

No check-cashing fee for FEMA-issued checks cashed at Regions branches in impacted areas

Regions Mortgage Disaster Relief Purchase and Renovation loan programs

Personal and business loan payment assistance

Regions fees will be waived when the bank’s customers use other banks’ ATMs in the impacted areas for 30 days beginning Friday, Sept. 183.

One penalty-free CD withdrawal

An interest rate discount of 0.50% on new personal unsecured loans

Business loan payment deferrals available up to 90 days beginning Friday, Sept. 18

Payment extensions available for qualified credit card holders

An interest rate discount of 0.50% on standard rates for new business loans and/or lines of credit up to $1 million to help with recovery needs in affected areas

An interest rate discount of 0.50% on a new unsecured business term loan of up to $50,000 with a term of up to 36 months, including waived origination or loan document fees and options for the first payment to be deferred up to 90 days

People and businesses in need of the deferrals, discounts and related assistance are encouraged to contact Regions to discuss individual needs and sign up for applicable services. Regions also maintains a year-round Customer Assistance Program. Through this program, bankers listen to the unique needs of individual customers and explore various options to help address financial challenges, such as those prompted by a natural disaster.

Some Regions locations in areas impacted by Sally remain closed due to storm impacts. The bank maintains an updated list of branch closures at this link on Regions.com. Digital banking services remain available 24/7, and customer support can also be accessed by phone.

Additional recovery information is available through the Disaster Resource Center, on Regions.com. Also, for questions regarding a mortgage, customers can call Regions’ mortgage hotline at 1-800-986-2462. For assistance regarding home equity and other consumer loans, customers can dial 1-866-298-1113.

A dedicated team is also available at 1-800-411-9393 to help with other questions and concerns regarding banking needs.