Regions Foundation Announces $150,000 Donation Supporting Hurricane Sally Recovery - Seite 2

“The Regions Foundation’s financial commitment is an important step in advancing community recovery,” added Scott Barrow, Pensacola market executive for Regions. “The needs along the Gulf Coast are many, but together we’ll move forward. I have no doubt we will emerge as a stronger, more resilient community thanks to the unity and dedication of everyone coming together to lend a helping hand.”

The donations announced Monday follow a series of disaster-relief financial services Regions Bank quickly made available for people and businesses in impacted areas¹. Available services 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 assistance²
• Regions fees will be waived when the bank’s customers use other banks’ ATMs in the impacted areas for 30 days beginning Friday, Sept. 18.³
• One penalty-free CD withdrawal⁴
• An interest rate discount of 0.50% on new personal unsecured loans⁵
• Business loan payment deferrals available up to 90 days beginning Friday, Sept. 18²
• Payment extensions available for qualified credit card holders²
• 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 areas⁶
• 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 days⁶

Most Regions branches along the coast are back open following the storm. Teams at these locations are ready to discuss disaster-recovery financial services with customers and connect them with options that apply to their needs. 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.

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.

About Regions Foundation

The Alabama-based Regions Foundation supports community investments that positively impact communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.