Intro – Regions Bank Review and Rating
Firms on our top rated lists were selected after they successfully passed AdvisoryHQ's ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used as part of our Regions Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The below review provides a detailed review of Regions Bank, including the specific factors we used in our decision-making process.
Regions Bank Review
Regions is often praised for its stability, accessibility and convenience, and expertise. It’s also a bank that works to deliver highly customized service based on individual needs.
Regions has $125 billion in assets, is a member of the S&P 500 Index, and is one of the largest full-service providers of both consumer and commercial banking in the U.S.
Image Source: Regions Bank
Key Factors That Led Us to Rank Regions Bank as a Top Rated Bank
The below are factors why Regions was selected as one of this year’s top rated banks.
Regions Bank Review: Savings Goals
Regions launched an offering to customers called My GreenInsights, which is a tool for money management and the creation of savings goals.
With My GreenInsights, users can see all of their financial information, including accounts from other institutions, in one centralized location. This tool also includes charts and categories to build budgets and follow cash flow, and there are simple ways to create and manage savings and payoff objectives.
Additionally, My GreenInsights allows users to create custom alerts that show them what they’re spending compared to their goals and more.
Image Source: Regions Bank Review
Regions Bank Review: Quicken
Regions offers convenient ways to link accounts to Quicken software, allowing customers to have 24-hour accessibility and simplify how they manage their finances. The two options for linking accounts with Quicken include Web Connect and Direct Connect.
Web Connect allows you to download your transaction log to Quicken. Direct Connect does this automatically for you — plus, you can pay bills and transfer money directly from Quicken.
Regions Bank Review: Priority Banking
Regions Priority Banking Program is available to certain bank customers and account holders who meet defined criteria. This preferred-customer program ensures the utmost in personal service, and participants also receive special opportunities to save and earn.
To reach priority status, a customer must have a consumer checking account as well as a first-lien mortgage loan with Regions or at least $50,000 in combined assets with the bank.
Image Source: Priority Banking
Business customers are also eligible if they have a business checking account and at least $50,000 in combined assets held by the bank.
The result of participating in Priority Banking with Regions is not only high-level, attentive service, but also the development of long-term rewarding relationships.
Regions Bank Review: Auto Buying Service
The Regions Auto Buying Service offers consumers the ability to find, build, and buy the car they want, and the process is as simple as possible. You can use search tools to locate and customize the vehicle you want, and you have the exclusive opportunity to see what others paid for this car.
You can also lock in the savings you realize by using the Regions Auto Buying Service with a Program Certified Dealer.
Other resources available from the Regions Auto Buying Service include calculators and “before you buy” guides. The Regions Auto Club even includes access to affordable car insurance and vehicle protection plans.
AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.