Regions Bank by the numbers

Regions Bank is the 10th-largest bank in the United States by total assets, with roughly $180 billion in assets as of 2024. It operates more than 1,400 branches across 15 states, mostly in the South and Midwest, and employs about 23,000 people. The bank is publicly traded on the New York Stock Exchange under the ticker RF, which means its financial statements are filed with the Securities and Exchange Commission and available to the public.

Size matters for a bank because it affects what services you can access, how stable the institution is, and what happens if something goes wrong with your account. Regions is large enough to offer a full range of banking products—checking, savings, credit cards, mortgages, business loans, and investment services—but it is not one of the "Big Four" banks (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) that dominate the industry.

Key Takeaways

  • Regions Bank holds roughly $180 billion in assets and operates over 1,400 branches, making it a mid-sized national bank rather than a regional bank despite its name.
  • Your deposits at Regions are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per account type, the same protection that applies at any FDIC-insured bank.
  • Regions' size means it can offer a wide range of products and services, but you may find lower fees or higher interest rates at smaller banks or online-only institutions.
  • The bank's financial health is monitored by federal regulators and disclosed in quarterly earnings reports, so you can track its stability over time.

How Regions compares to other banks

Regions sits in the middle tier of U.S. banking. The Big Four banks each hold over $2 trillion in assets. Below them are banks like U.S. Bancorp ($612 billion), PNC Financial ($555 billion), and Truist ($535 billion). Regions' $180 billion places it ahead of smaller regional banks but well behind the national giants.

This middle position has trade-offs. Regions can offer products and services across all banking categories, which a small community bank cannot. But it does not have the same pricing power or investment in technology that the largest banks do. If you are comparing Regions to a mega-bank, you might find better rates or lower fees elsewhere. If you are comparing it to a small local bank, Regions offers more services and more locations.

What FDIC insurance means at Regions

Regions Bank is FDIC-insured, which means the federal government backs your deposits. If the bank fails, the FDIC will cover your account balance up to $250,000 per depositor, per account type, per bank. This protection applies to checking accounts, savings accounts, and money market accounts separately—so you could have $250,000 in checking and another $250,000 in savings at Regions and both would be fully covered.

FDIC insurance is not a measure of how likely a bank is to fail. It is a safety net that exists for all FDIC-insured banks, whether they are large or small. Regions' size does not make it safer or riskier in this regard—the insurance is the same.

Regions' financial stability and regulatory oversight

Because Regions is a publicly traded bank, it must file quarterly financial reports with the Securities and Exchange Commission. These reports show the bank's assets, liabilities, capital levels, and profitability. You can read them on the SEC's EDGAR database or on Regions' investor relations website. The bank is also examined regularly by the Federal Reserve and the Office of the Comptroller of the Currency, which are federal banking regulators.

These reports and examinations are public information. If you want to know whether Regions is financially healthy, you can look at its capital ratio (how much of its assets are backed by shareholder equity rather than borrowed money), its loan loss reserves (money set aside for loans that may not be repaid), and its profitability trends. A bank with a strong capital ratio and stable earnings is generally considered safer than one with declining capital or rising loan losses.

What Regions' size means for your account

A mid-sized bank like Regions offers branch access and customer service that online-only banks do not, but usually at the cost of lower interest rates on savings and higher fees on checking. If you value having a physical location to visit, Regions' 1,400+ branches across 15 states may be convenient. If you live outside those states, you will have no local branches and may pay out-of-network ATM fees.

Regions also offers business banking, wealth management, and investment services that a small community bank might not. If you need those services, the bank's size works in your favor. If you only need basic checking and savings, you may find better rates at a smaller bank or an online institution.

How Regions makes money and what that means for you

Like all banks, Regions makes money by lending deposits out at higher interest rates than it pays depositors. It also charges fees for services like overdrafts, wire transfers, and account maintenance. The larger a bank is, the more it can spread its costs across more customers, which can lead to lower fees—but it can also mean less personalized service and more standardized products.

Regions' profitability is tied to interest rates. When the Federal Reserve raises rates, banks can charge more for loans and pay less on deposits, which increases profit. When rates fall, the opposite happens. This is why Regions' earnings fluctuate with the economic cycle, and why you will see its stock price move when the Fed announces rate changes.

Regions' branch network and digital services

Regions operates branches in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Tennessee, Texas, and Wisconsin. If you live in one of these states, you have access to physical locations for deposits, withdrawals, and account services. If you live elsewhere, you can still open an account online and use Regions' mobile app and website, but you will not have a nearby branch.

The bank has invested in digital banking over the past decade, offering mobile check deposit, bill pay, and account management through its app. However, it does not offer the same level of digital-only features that newer fintech banks do. If you prefer to bank entirely through your phone or computer, you may find a more streamlined experience at an online bank.

Frequently Asked Questions

Is Regions Bank safe?

Regions is FDIC-insured, so your deposits up to $250,000 are protected by the federal government. The bank is also regulated by the Federal Reserve and the Office of the Comptroller of the Currency. You can review its financial reports on the SEC's website to assess its stability, but the insurance protection applies regardless of the bank's financial condition.

Does Regions have branches near me?

Regions operates in 15 states: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Tennessee, Texas, and Wisconsin. You can search for branch locations on Regions' website. If you live outside these states, you can still open an account online but will not have a local branch.

How does Regions compare to JPMorgan Chase or Bank of America?

JPMorgan Chase and Bank of America are each more than 10 times larger than Regions by assets. They have more branches nationwide and more investment in technology. However, they also tend to charge higher fees and offer lower interest rates on savings. Regions may offer a middle ground between a mega-bank and a small community bank.

Can I move my money if Regions fails?

If Regions failed, the FDIC would step in and either arrange for another bank to take over your account or pay you directly up to $250,000. You would not lose access to your money. The FDIC has a track record of resolving failed banks quickly, often over a weekend, so customers experience minimal disruption.

Does Regions offer the same products as bigger banks?

Regions offers checking, savings, credit cards, mortgages, auto loans, business banking, and investment services. It does not offer the same breadth of investment products or wealth management services as the largest banks, but it covers the main categories. For specialized services like private banking or complex investment strategies, you may need to go to a larger institution.