Regions Bank Announces Creation of Franchise Lending Team - Seite 2

Salas and his team work in collaboration with colleagues across Regions’ Commercial Banking, Wealth Management and Consumer Banking divisions with the goal of deepening existing business relationships and attracting new clients who can benefit from the bank’s approach to team-based, comprehensive services. This collaboration is consistent with Regions360, the bank’s approach to business development that brings financial professionals with a broad range of specialties together to leverage their collective experience in a way that produces comprehensive, effective banking solutions.

Salas began his banking career in 1985 at Flagler Federal Savings & Loan in Miami, Fla., where he worked as a teller. He later joined the bank’s management trainee program and received formal credit training. In 1999, he launched First Union Bank’s Bilingual Sales Call Center, where he managed four teams of 80 bankers.

His experience also includes holding leadership positions in Consumer Bank Management, Private Banking and Business Banking with Bank of America and JPMorgan Chase, where, prior to joining Regions, he served as SBA Southeast Division Manager for Business Banking. There, he also led an SBA Outreach Initiative focused on serving minority, veteran and women-owned businesses.

“The depth of Peter’s experience and his commitment to a positive client experience are two key attributes that make him the ideal leader to help Regions further build on its commitment to small-business success,” said Nikki Stephenson, head of Credit Products and Small Business Administration lending for Regions Bank. “Our teams serve some of the most vibrant and growing markets in the country. At the same time, we have the experience and insights to work with clients through a variety of opportunities and challenges as they develop a plan for business growth. The addition of Peter and his team is the latest example of Regions’ commitment to help business clients grow and succeed.”

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $158 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 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

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The Regions Financial Stock at the time of publication of the news with a fall of -1,87 % to 21,00EUR on Tradegate stock exchange (06. Dezember 2022, 13:58 Uhr).