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

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

Areas’ North Nashville branch had been greatly damaged by the March 3 tornado. The portable branch permits areas’ regional group to resume monetary solutions for folks and companies in surrounding communities.

“Regions Bank is invested in North Nashville, ” said Lee Blank, Nashville marketplace Executive for areas. “We have already been the main area for many years, and now we concentrate on assisting town, and all sorts of of center Tennessee, recuperate and reconstruct. This branch that is portable can 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 look ahead to a lot more years of service to North Nashville. ”

At regions branch that is’ portable individuals may use an ATM 24 hours a day, conduct deals with areas bankers during regular branch hours, and talk to economic experts about storm-recovery requirements.

The portable branch, onsite at Regions’ North Nashville location, provides clients the capability to talk about their individualized economic requirements. Hours are 9 a.m. – 4:30 p.m. Mon. -Thurs. Friday hours are 9 – 5.

The ATM in the region of the branch is just a areas DepositSmart ATM, which could accept deposits and money checks for customers whenever you want, time or evening. The center additionally features encrypted satellite uplink technology, video security cameras and 24/7 security that is on-site.

Somewhere else, the the greater part of areas areas in Middle Tennessee are available as always. Tasks are still underway to reopen other branches that experienced damage that is minor energy problems.

Areas can also be providing a number of disaster-recovery economic solutions 1 for individuals and organizations influenced by the tornado. Services readily available for a time that is limited affected areas 2 include:

• ATM costs for non-Regions clients may be waived at Regions ATMs in the areas that are affected March 19.

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

In addition, the nonprofit areas Foundation is committing $150,000 to aid short-term and long-term recovery requirements. Initial funds consist of $50,000 to your grouped Community Foundation of center Tennessee and $25,000 into the Cookeville/Putnam County Tornado Relief Fund.

Extra grants totaling $75,000 or maybe more should be released because of the areas Foundation to different companies as longer-term requirements are identified within the coming days. The areas Foundation is really an initiative that is nonprofit of Bank that supports community opportunities.

Along side on-site economic guidance, areas also provides an on-line catastrophe site Center through Regions.com, which gives contact figures along with other helpful tips.

Regions’ commitment into the data data data recovery stretches beyond economic help. On March 7, groups of bank associates assisted with breaking up debris and supplying help in North Nashville, East Nashville and Donelson.

We live right here. We work right right here. And we’re committed to assisting center Tennessee rebuild. Lee Blank, Nashville Marketplace Executive for Regions

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

Significantly more than 100 areas associates volunteered March 7 in North Nashville, East Nashville and Donelson since the data data recovery moves ahead.

About areas Financial Corporation Regions Financial Corporation (NYSE: RF), with $126 billion in assets, is a part regarding the S&P 500 Index and it is one of many nation’s biggest full-service providers of customer and commercial banking, wide range administration, and home loan products. Areas acts customers throughout the Southern, Midwest and Texas, and through its subsidiary, Areas Bank, runs more or less 1,400 banking offices and 2,000 ATMs. Areas Bank is an Equal Housing Lender and Member FDIC. Extra information about Regions and its own complete type of items and solutions can be obtained at www. Regions.com.

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