WAVERLY, Tenn. – Oct. 19, 2023 – Regions Bank and leaders from the City of Waverly and Humphreys County Chamber of Commerce on Thursday cut the ribbon on the bank’s newest West Tennessee branch.
Combining personal service from local bankers with updated technology, Regions’ Waverly branch at 402 West Main St. replaces its former location, which was severely impacted by the community’s historic flooding in 2021.
Opening this branch represents an exciting new chapter. Our local bankers are ready to welcome people in, listen to their financial goals, and then develop customized plans to help them reach those goals.Scott Beard, Commercial Banking relationship manager and market executive
“The flood and the rebuilding process have been challenging, but our incredible team never lost sight of our top priority, and that is serving the people and businesses of Waverly,” said Scott Beard, Commercial Banking relationship manager and market executive for Regions Bank in Jackson and West Tennessee. “Opening this branch represents an exciting new chapter. Our local bankers are ready to welcome people in, listen to their financial goals, and then develop customized plans to help them reach those goals.”
Regions’ commitment to personal service begins as soon as customers enter the door, where they are greeted by a Regions banker who can assist with everything from conducting simple transactions to having deeper, needs-based conversations about their financial future. Those conversations are part of Regions’ Greenprint® service. Through Greenprint conversations, Regions’ teams take the time to listen closely to what individual consumers and small-business owners want to accomplish financially. They use that information to then develop financial roadmaps with recommended next steps to help customers reach those objectives.
The Waverly location also features one walk-up and one drive-through DepositSmart ATM. Each ATM can accept deposits of cash or checks at any time, day or night – in addition to cashing checks for Regions customers on the spot.
Community and business leaders noted how the new branch reflects far more than a building; it’s an investment in Waverly’s stronger and brighter future.
We are excited to see the completion of the new construction in such a short timeframe. Thank you, Regions Bank, for your continued commitment of service to our community.Mike Pogreba, Humphreys County executive
“Just 10 months ago, our community witnessed the groundbreaking for the new Regions Bank,” said Waverly Mayor W.B. “Buddy” Frazier. “Today, that construction is complete, and bank patrons are now utilizing the new facility. I know that the staff is very excited to relocate into this permanent location. Our community has been through a very difficult time in our history since the flood of August 21, 2021. The completion of the new banking center is proof that long-term recovery efforts are very much alive in our community. Hopefully, others will follow the pattern that has been set by Regions Bank and reinvest locally. Thank you, Regions Bank, for being an integral part of our community through the years in good times and in the difficult times.”
“We are excited to see the completion of the new construction in such a short timeframe,” added Mike Pogreba, Humphreys County executive. “Thank you, Regions Bank, for your continued commitment of service to our community.”
Immediately following the 2021 flood, Regions deployed its portable branch facility to Waverly to ensure customers like Darlene and Ronnie Toungette had access to financial services until the bank could open a modular trailer branch, which served as a temporary location while the new building was under construction. Separately, the Regions Foundation, an Alabama-based nonprofit funded primarily by Regions Bank, contributed $50,000 to flood relief. Also, Regions Bank associates personally provided support by donating 300-plus essential items like flashlights, batteries and more to help with recovery efforts.
Regions celebrated the new branch through several community activities, including providing free sodas and mini footballs to high school football fans during the Oct. 6 Waverly Central vs. McEwen game.
Bank associates also delivered lunch to Waverly first responders and provided snacks to teachers to thank them for their service. The Waverly team also collected canned goods for the St. Vincent de Paul Food Pantry. The donation drive follows a $1,000 contribution made by the bank to the nonprofit back in January during the groundbreaking celebration.
The bank’s celebration culminated with the Humphreys County Chamber of Commerce ribbon cutting bringing together Waverly business and community leaders.
“Regions Bank has long been a vibrant, active part of our community,” said Chamber Executive Director Daryl Mosley. “This new location is an exciting new chapter in their continued work and support into the life of Humphreys County.”
That support is especially meaningful for bank associates who call Waverly home.
“Seeing the resilience and resolve our neighbors have shown during the past two years has been inspiring,” said Mary McMillan, manager of the Waverly branch. “We’ve seen the best of Waverly in the face of unimaginable challenges. I’m so proud of how our team came together to assist those in need, and I’m grateful to celebrate this new chapter with them and with our entire community.”
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 $156 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 1,250 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.