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Tag Archives: Regions

MARK BLACKWELL — A trip abroad may be cheaper this year

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  If your family is like mine, you may be in the habit of vacationing in the same stateside location summer after summer.  There is a lot to be said for sticking with what’s familiar – locales where you know you will find amenities that everyone has enjoyed in the past and would likely enjoy again.  However, this may also ...

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Regions only one of several lenders in trouble over overdraft fees

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By TED CARTER  Regions Bank is paying tens of millions in reimbursements and a fine of $7.5 million after its executives ignored a warning two years ago that its overdraft practices could be illegal. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act brought new scrutiny to bank overdraft practices across the country. Until the federal law ordered banks ...

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Regions website provides businesses information

People running a business are often so busy managing day-to-day operations that it can be difficult to find time to bone up on business issues like strategic planning. But now Regions Bank has partnered with Inc. Magazine and The Build Network to launch a new Commercial Insights website, www.regions.com/commercialinsights, that provides free access to information on topics such as finance, ...

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Town to lose only bank with closing of Regions branch

TERRY — Regions is closing its branch in the town of Terry on March 14. The move will leave the town without a local bank. Regions says accounts will be transferred to the Byram branch, some seven miles away. Terry is town of about 1,100 people south of Jackson. Mayor Roderick Nicholson tells The Clarion-Ledger that the decision will create ...

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Hertz targeting Regions building for apartments

Downtown Jackson’s Regions building has borne many names in its nearly 85 years, but the 18-floor historic landmark may soon be called “home” for renters eager to live downtown. Developers for several years have eyed the circa 1928 office building for conversion to residential apartments. The challenges of lining up financing and securing the requisite historic and new market tax ...

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Regions: Morgan Keegan sale lowers bank's ‘overall risk profile’

Regions Bank – Mississippi’s market leader — won’t be making a big payment to the Troubled Asset Relief Program, or TARP, with the $1.18 billion it is to gain through the pending sale of the Morgan Keegan investment brokerage. But the liquidity that the Birmingham bank’s holding company, Regions Financial, will gain from the sale of Morgan Keegan to Raymond ...

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Regions chooses Jones

Brad K. Jones has been named vice president and manager of Region’s Main Office branch in Starkville. He will be responsible for developing and maintaining relationships with individual consumer and small business clientele. A banking industry veteran with more than five years of experience, Jones most recently served as a branch manager for Amegy Bank of Texas in Houston. He ...

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Antics of big banks give credit unions, community banks early holiday gift

Mississippi credit unions saw ‘some activity’ from ‘Bank Transfer Day’ while community bank Renasant grew accounts in state markets by 32 percent Breaking up isn’t so hard to do, after all. At least that’s what the Credit Union National Association reported a few days after the Nov. 5 national “Bank Transfer Day,” a protest staged to show dissatisfaction with the ...

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What next for banks after failed debit fee experiment?

Dead in a near blink of an eye. That’s how history will chronicle the big idea banks had for ginning up revenue through a monthly fee to customers for debit-card transactions. Perhaps you can blame awful timing. Parks in cities across the nation began filling up with protests against Wall Street and the banking system at about the same time ...

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What next for banks after failed debit fee experiment?

Dead in a near blink of an eye. That’s how history will chronicle the big idea banks had for ginning up revenue through a monthly fee to customers for debit-card transactions. Perhaps you can blame awful timing. Parks in cities across the nation began filling up with protests against Wall Street and the banking system at about the same time ...

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