PANAMA CITY, Fla. – June 5, 2019 – The Regions Foundation, a nonprofit initiative of Regions Bank dedicated to supporting community engagement, on Wednesday announced a donation of $20,000 to United Way of Northwest Florida (UWNF).
UWNF leaders plan to use the $20,000 donation from the Regions Foundation to support grants for nonprofit organizations that are working to meet a variety of community needs in the areas of health, education and income. The UWNF’s General Fund has been used extensively during the last eight months to help people with long-term hurricane recovery needs, meaning the donation from the Regions Foundation can help UWNF continue to address ongoing needs across the Panhandle as well.
Regions Bank and the Regions Foundation are committed to serving and supporting communities during all seasons.
Steven Aase, Panama City Market Executive for Regions Bank
“This has been one of the most challenging times in the history of our community. Our hope is that this additional gift will help advance the work of programs that are consistently making a positive difference in the lives of others, from hurricane recovery to other ongoing needs,” said Steven Aase, Panama City Market Executive for Regions Bank. “Regions Bank and the Regions Foundation are committed to serving and supporting communities during all seasons. We are proud to complete the restoration of our primary Bay County facility, and we are honored to support United Way in its mission of serving the people of the Panhandle.”
UWNF serves six counties in Northwest Florida through a broad range of services and a network of partner agencies.
“Regions Bank has been a faithful partner of the United Way of Northwest Florida for many years,” said Bryan Taylor, President and CEO of United Way of Northwest Florida. “Like so many of us, their business suffered extensive damage in Hurricane Michael. We proudly stand with our community partner as they reopen their main branch. We thank the Regions Foundation for this gracious donation and their continued support of the work we are able to do within the community.”
Regions Bank has been an active member of the Panama City business community for many years. On Wednesday, Regions Bank hosted a community open house at its newly-restored Panama City Main branch. The branch was one of Regions’ most severely damaged facilities following Hurricane Michael. The building’s lower level reopened in December while renovations were ongoing to restore the rest of the building. The bank’s technology, administrative and training offices now occupy the newly renovated second floor.
About Regions Foundation
Regions Foundation is an Alabama nonprofit corporation with offices located at 1900 5th Avenue North, Birmingham, Alabama, 35203. It is exempt from Federal income tax as an organization described in section 501(c)(3) of the Internal Revenue Code. Regions Foundation is funded primarily though contributions from Regions Bank. It engages in a community grantmaking program focused on priorities including economic and community development; education and workforce readiness; financial wellness; and related initiatives fostering inclusive growth across the communities it serves.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $129 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.