MARIANNA, Fla. – Oct. 25, 2018 – Regions Bank on Thursday announced the company’s full-service portable branch facility is now operational in downtown Marianna.
The portable branch is directly behind Regions’ main branch at 2889 Green St. The main branch sustained extensive damage during Hurricane Michael. The portable facility was established to help Regions’ local bankers resume financial services for people and businesses across Jackson County.
“Our community is at the beginning of a long-term recovery, and Regions Bank will be here for the people and businesses of Jackson County every step of the way,” said Trey Pleas, manager of Regions’ Marianna branch. “Since we opened the portable branch earlier this week, we’ve met with several longtime customers, and we’re working with them one-on-one to meet their financial needs following the storm. We’ve shared some hugs. We’ve shed some tears. We’re all a part of this community. And we’ll get through this – together.”
At Regions’ portable branch, customers can use an ATM around the clock, conduct transactions with Regions bankers during regular branch hours, and speak with financial professionals about storm-recovery needs. The ATM on the side of the portable branch is a Regions DepositSmart ATM, which can accept deposits and cash checks for customers at any time, day or night. The facility also features encrypted satellite uplink technology, security cameras and a 24/7 on-site security patrol.
“Every day, we are making progress in reopening branches across the communities that were hardest-hit by Hurricane Michael,” said John Anderson, Regions Consumer Banking Executive. “While our Marianna branch suffered more extensive damage than most other Regions locations, our commitment to the people and businesses of Jackson County remains the same. Regions’ portable branch will help us deliver services from local financial professionals who understand the needs of this community and are personally committed to Marianna’s long-term recovery.”
Elsewhere in the Panhandle, Regions locations have reopened in communities including Chipley, Bonifay, Freeport and Panama City Beach. This week, the company was also able to reopen its Harrison Avenue branch in Panama City, as well as its drive-through location at the intersection of State Ave. and 23rd Street. Regions has set up a mobile ATM adjacent to the bank’s Callaway branch as repairs are made to that location.
Regions branches in Southeast Alabama and Southwest Georgia suffered less impact from the hurricane and reopened in the days immediately following the storm.
As storm recovery continues, people in FEMA-declared disaster areas are eligible for special financial services1 designed to make this difficult time easier. Services include:
- No check-cashing fee for FEMA-issued checks
- Regions Mortgage Disaster Relief Purchase and Renovation loan programs
- Personal and business loan payment assistance2
- One penalty-free CD withdrawal3
- 0.50% discount and waiver of $150 loan processing fee on new personal unsecured loans4
- Business loan payment deferrals available up to 90 days2
- Payment extensions for current credit card holders2
- Surcharges and foreign ATM fees waived for 30 days
- 0.50% discount on standard rates for new business loans/lines of credit up to $1 million to help with recovery needs for those in affected area5
- 0.50% discount on new unsecured business term loan up to $50,000 with up to 36 month term including waived origination/loan document fees and options for first payment to be deferred up to 90 days5
Resources for Regions Mortgage customers are available through the Regions Customer Assistance Program. Mortgage customers can also call Regions’ mortgage hotline at 1-800-986-2462. For help regarding home equity and other consumer loans, customers can call 1-866-298-1113.
A dedicated team is available at 1-800-411-9393 to help with additional questions.
Further, customers are encouraged to visit the online Disaster Resource Center at regions.com. Regions has also announced a $100,000 donation toward disaster-relief services across the Florida Panhandle, Southeast Alabama and Southwest Georgia.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $125 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 1,500 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
1Special offers are available for a limited time and only to individuals and businesses affected by storm damage in FEMA-declared disaster areas and may be subject to other exclusions and restrictions and are subject to change without notice. All loans and lines, extensions and forbearances are subject to required documentation and credit approval. Residency restrictions may apply.
2Payment deferrals, extensions and forbearances are subject to credit approval. Interest will continue to accrue during the period that the payment is extended, skipped or deferred. For installment loans, extending, deferring or skipping payment will extend the maturity of your loan but will not automatically extend any optional insurance.
3The no-penalty offer allows customers to make one partial or complete withdrawal without penalty. The penalty-free withdrawal must be made more than seven days after the issue date or the most recent renewal date (whichever is later). Any other withdrawals will be subject to penalties.
4Applications submitted online are not eligible for the loan application fee waiver.
5New business loan rate discount 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.