NORTH PORT, Fla. – Oct. 7, 2022 – Regions Bank on Friday announced the latest step in its comprehensive response to Hurricane Ian. The bank has opened its full-service portable branch facility at 15000 Tamiami Trail in North Port.
The portable branch is a modern banking center on wheels where people receive customized financial services. In addition to standard banking options, Regions associates on-site can connect qualified customers with a series of disaster-recovery financial options that the bank began offering shortly after Ian moved through. The portable branch is set up on the property of Regions’ longtime North Port branch, which was heavily damaged by the hurricane.
“At the portable branch, our teams are meeting with people one-on-one, listening to their needs, and delivering service that really makes a difference during a time like this,” said Earnest Wilks, market executive for Regions Bank in Fort Myers, Cape Coral, Sarasota, and Bradenton. “This is about more than banking. This is about neighbors taking care of neighbors. We can walk people through financial options as they recover from the hurricane, and we can make this difficult time a little easier. We are here to serve – and we are honored to serve.”
The branch also offers an ATM that’s available around the clock. The ATM, located on the side of the facility, is a Regions DepositSmart machine. This means that, in addition to dispensing cash, the ATM can accept deposits of cash or checks for Regions customers. Further, it can actually cash checks for customers – day or night.
The facility features security cameras and 24/7 on-site security. In addition, the portable branch is ADA friendly with accessibility features including a wheelchair lift connecting customers with the interior of the branch.
The portable branch will be open on weekdays from 9 a.m. until 5 p.m. and on Saturdays from 9 a.m. until 12 noon for the foreseeable future. Banks are closed on Monday, Oct. 10 due to the federal holiday of Columbus Day.
More than 95% of Regions’ branches throughout the Florida Peninsula suffered little to no damage from the storm; however, a limited number of locations remain closed as longer-term cleanup and recovery efforts continue, including at the North Port branch. Teams are working diligently to get additional branches back online as soon as possible. Beyond the local branch network, banking services remain available around the clock through Regions.com, the Regions Mobile App, and 1-800-REGIONS.
Special Financial Services:
The establishment of the portable branch facility in North Port follows Regions’ recent announcement of a series of special financial services designed to help people and businesses impacted by Ian.
Services available for a limited time in impacted areas1 include:
- Regions Mortgage Disaster Relief Purchase and Renovation loan programs.
- Regions fees will be waived when Regions customers use other banks’ ATMs in the impacted areas for a 14-day period (service began September 30). (Note: Fees charged by other banks or ATM owners may still apply.)
- No check-cashing fees will be charged for FEMA-issued checks when cashed in a Regions branch.2
- Payment deferrals for credit card holders may be available based on individual circumstances.3
- Personal and business loan payment assistance may be available based on individual circumstances.3
- Business loan payment deferrals of up to 90 days may be available based on individual circumstances.3
- One penalty-free CD withdrawal is available upon request (unless within seven days of issuance or renewal).
- An interest rate discount of 0.50% is available for a limited time on new personal unsecured loans when customers apply in a branch or by phone.4
- An interest rate discount of 0.50% on standard rates is available for a limited time for new business loans or lines of credit of up to $1 million to help with recovery needs in impacted areas.4
- An interest rate discount of 0.50% is available for a limited time on new unsecured business term loans of up to $50,000 with up to 36-month terms, including waived origination and loan document fees, as well as options for the first payments to be deferred by up to 90 days.4
- Check regions.com/HurricaneIan for an updated list of areas where these offers are available as damage assessments continue.
Community Support:
Separately, the Regions Foundation, a nonprofit initiative funded primarily by Regions Bank, recently announced $225,000 in grant funding to support nonprofits that are helping people affected by Ian.
From the $225,000 total, specific allocations include:
- $100,000 for the American Red Cross, which is providing disaster relief services across Florida;
- $50,000 for United Way of Lee County, which has created the Southwest Florida Emergency Relief Fund to support local nonprofits and neighborhoods experiencing the most immediate needs;
- $35,000 for Collier Comes Together, a hurricane disaster relief fund of the Collier Community Foundation that is helping Southwest Florida residents recover;
- $10,000 for the Harry Chapin Food Bank’s Fort Myers Distribution Center;
- $10,000 for the Harry Chapin Food Bank’s Collier County Center;
- $10,000 for Feeding Tampa Bay, which brings emergency food distributions to areas that need them most across the 10-county Tampa Bay region;
- and $10,000 for Second Harvest Food Bank of Central Florida, which serves Orlando and surrounding communities.
About Regions Foundation
Regions Foundation supports community investments that positively impact the communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
1Offers are available for a limited time to individuals and businesses affected by Hurricane Ian and remnants of the storm in the following ZIP codes; the ZIP codes may be expanded as further damage assessments are concluded. Offers may be subject to other exclusions and restrictions and are subject to change or termination without notice. All loans and lines, deferrals, extensions or forbearances are subject to required documentation and credit approval. Residency restrictions may apply. Special interest rates determined by applicant’s credit profile may not extend to products offered by third parties, such as Avant. Impacted ZIP codes in Regions’ retail banking footprint include the following list, which is subject to expansion: 32138, 32140, 32147 – 32149, 32178, 32185, 32193, 32640, 32666, 32701, 32703, 32704, 32707 – 32710, 32712 – 32716, 32718, 32719, 32725, 32728, 32730, 32732, 32733, 32738, 32739, 32744 – 32747, 32750 – 32754, 32757, 32762 – 32766, 32768, 32771 – 32773, 32776, 32777, 32779, 32789 – 32795, 32798, 32799, 32801 – 32812, 32814, 32816 – 32822, 32824 – 32837, 32839, 32853 – 32862, 32867 – 32869, 32872, 32877, 32878, 32885 – 32887, 32891, 32896, 32897, 33503, 33508 – 33511, 33523 – 33527, 33530, 33534, 33537, 33539 – 33545, 33547 – 33550, 33556, 33558, 33559, 33563 – 33576, 33578, 33579, 33583, 33584, 33586, 33587, 33592 – 33596, 33598, 33601 – 33626, 33629 – 33631, 33633 – 33635, 33637, 33646, 33647, 33650, 33655, 33660, 33664, 33672 – 33675, 33677, 33679 – 33682, 33684 – 33689, 33694, 33701 – 33716, 33729 – 33734, 33736, 33738, 33740 – 33744, 33747, 33759, 33760, 33762, 33764, 33771 – 33773, 33777, 33780 – 33782, 33784, 33801 – 33807, 33809 – 33813, 33815, 33820, 33823, 33825 – 33827, 33830, 33831, 33834 – 33841, 33843 – 33860, 33862, 33863, 33865, 33867, 33868, 33870 – 33873, 33875 – 33877, 33880 – 33885, 33888, 33890, 33896 – 33898, 33901 – 33922, 33924, 33927 – 33932, 33935, 33936, 33938, 33945 – 33957, 33960, 33965 – 33967, 33970 – 33976, 33980 – 33983, 33990, 33991, 33993, 33994, 34101 – 34110, 34112 – 34114, 34116, 34117, 34119, 34120, 34133 – 34136, 34140, 34142, 34143, 34145, 34146, 34201 – 34212, 34215 – 34224, 34228 – 34243, 34249 – 34251, 34260, 34264 – 34270, 34272, 34274 – 34277, 34280 – 34282, 34284 – 34293, 34295, 34638, 34639, 34695, 34705, 34711 – 34715, 34729, 34734, 34736, 34737, 34739 – 34747, 34753, 34755, 34756, 34758 – 34761, 34769 – 34773, 34777, 34778, 34786, 34787
2The FEMA check no-check-cashing-fee offer is available only to Regions customers; if you are not a Regions customer, you must enroll in Regions Now Banking. No checking account is required to enroll in Now Banking. Regions reserves the right to refuse to cash any check.
3Subject to credit approval. Interest will continue to accrue during the period that the payment is skipped or deferred. For installment loans, deferring or skipping payment may extend the maturity of your loan but will not automatically extend any optional insurance. Forbearances, skipped payments, and deferrals generally (a) vary by customer, (b) postpone – rather than forgive – certain payment obligations, and (c) require payment in full of the postponed payments at the end of the forbearance or deferral period, in addition to any other amounts that come due, unless you make other arrangements with Regions to resolve the delinquency.
4New business loan and personal unsecured loan rate discounts may not be combined with other special offers or discounts. Interest will accrue during the optional 90-day payment deferral period for unsecured business loans if elected.