August 16, 2017
Regions has been planning to consolidate 150 bank branches by next year but is working to open 19 more branches within a year's time. Two of the 19 branches are actually relocations of already-established financial institutions. There would be 17 new branches.
No new branches will be opened in Alabama.
Most of the new branches the bank plans to open is in markets Regions already determined to be growing - Atlanta, Houston and St. Louis. The majority of these branches will be modern concept branches with universal bankers (people who have been trained in various branch-banking needs). They will also have some tech-heavy elements such as video tellers who work for longer hours including the weekends.
Jeremy King, a Regions spokesman, said the investments being made are in areas where strong growth has been noticed - something the bank considers its long-term strategy. The investments, he said, help the bank to offer more services and more convenient locations with modern technology and customized to meet customers' needs.
The new branches can be found in the following locations
Georgia - Acworth and Marietta
Indiana - Marion (relocation)
Missouri - Ballwin, Des Peres, Florissant, Lake St. Louis, St. Charles, St. Peters and Universal City
Tennessee - Harriman (relocation), Knoxville and Lakeland
Texas - Cypress, Frisco, Houston, Katy (two branches) and Spring