Areas Bank Opens Portable Branch at North Nashville Location

Areas Bank Opens Portable Branch at North Nashville Location

Cellphone banking center along Rosa Parks Boulevard supports ongoing services that are financial individuals and organizations impacted by March 3 tornado.

NASHVILLE, Tenn. – March 11, 2020 – Regions Bank on Wednesday announced the opening of a full-service branch that is portable at the bank’s North Nashville location at 1200 Rosa L. Parks Blvd.

Regions’ North Nashville branch had been greatly harmed by the March 3 tornado. The portable branch permits areas’ regional group to resume economic solutions for individuals and companies in surrounding areas.

“Regions Bank is invested in North Nashville, ” said Lee Blank, Nashville Market Executive for Regions. “We are an element of the area for many years, and we also concentrate on assisting town, and all of center Tennessee, recover and reconstruct. This branch that is portable may help us keep solutions for the clients in North Nashville while we produce a long-term solution and address the damage at our branch building. We anticipate many others years of solution to North Nashville.

At regions branch that is’ portable individuals may use an ATM night and day, conduct deals with areas bankers during regular branch hours, and consult with monetary experts about storm-recovery requirements.

The branch that is portable onsite at Regions’ North Nashville location, provides clients the capacity to talk about their personalized monetary requirements. Hours are 9 a.m. – 4:30 p.m. Mon. -Thurs. Hours are 9 – 5. Friday

The ATM in the side of this branch is an areas DepositSmart ATM, that may accept deposits and money checks for customers whenever you want, or night day. The center additionally features encrypted satellite uplink technology, security camera systems and 24/7 on-site safety.

Somewhere else, the majority that is vast of areas in center Tennessee are available as usual. Work is still underway to reopen other branches that experienced damage that is minor energy problems.

Areas can also be providing a few disaster-recovery services that are financial for folks and organizations relying on the tornado. Services designed for a time that is limited affected areas 2 include:

  • ATM charges for non-Regions clients will likely to be waived at Regions ATMs in the areas that are affected March 19.
  • Areas clients in affected areas will likely be refunded for Areas charges charged for the utilization of other banking institutions’ ATMs through March 19. 3
  • Private and company loan re re payment help 4
  • Company loan re re re payment deferrals available as much as 3 months 4
  • Re Payment extensions for present charge card holders 4
  • No check-cashing that is in-branch for FEMA-issued checks
  • Areas Mortgage Disaster Relief Purchase and Renovation loan programs
  • One CD withdrawal that is penalty-free 5
  • 0.50percent price discount on brand brand new individual loans that are unsecured June 4 6

In addition, the nonprofit areas Foundation is committing $150,000 to aid short-term and recovery that is long-term. Initial grants consist of $50,000 into the grouped Community Foundation of center Tennessee and https://speedyloan.net/payday-loans-md $25,000 towards the Cookeville/Putnam County Tornado Relief Fund.

Additional funds totaling $75,000 or even more should be given by the areas Foundation to different businesses as longer-term requirements are identified into the coming weeks. The areas Foundation is really an initiative that is nonprofit of Bank that supports community opportunities.

Along side on-site monetary guidance, areas offers an on-line tragedy Resource Center through Regions.com, which supplies contact figures as well as other information that is helpful.

Regions’ commitment to your data data recovery runs beyond economic help. On March 7, groups of bank associates assisted with splitting debris and assistance that is providing North Nashville, East Nashville and Donelson.

We reside right here. We work right right here. And we’re committed to Middle Tennessee that is helping rebuild. Lee Blank, Nashville Marketplace Executive for Areas

“We live here. We work right right here. And we’re committed to assisting Middle Tennessee rebuild, ” Blank stated. “We’re in this together. ”

A lot more than 100 Regions associates volunteered March 7 in North Nashville, East Nashville and Donelson whilst the data data recovery moves ahead.

About areas Financial Corporation Regions Financial Corporation (NYSE: RF), with $126 billion in assets, is an associate for the S&P 500 Index and it is among the nation’s biggest full-service providers of customer and commercial banking, wide range administration, and home loan services and products. Areas acts customers over the Southern, Midwest and Texas, and through its subsidiary, Areas Bank, runs roughly 1,400 banking workplaces and 2,000 ATMs. Regions Bank can be an Equal Housing Lender and Member FDIC. Extra information about areas and its own complete type of services and products and solutions can be located at www. Regions.com.

About areas Foundation Regions Foundation supports community investments that positively impact the communities offered by areas Bank. The building blocks partcipates in a grantmaking program focused on priorities including financial and community development; training and workforce readiness; and wellness that is financial. The building blocks is really a nonprofit 501(c)(3) business funded mainly through efforts from areas Bank.

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