Regions Financial Corporation is a publicly held company based in Birmingham, Alabama, USA, with the corporate headquarters at the Regions Center. A member of the S&P 100 Index, the company provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions has more than $137 billion in assets as of 2010, making it the 22nd largest bank in the United States. Its banking subsidiary, Regions Bank, operates some 2,000 branches and 2,400 ATMs across a 16-state network in the South, Midwest, and Texas. Its securities brokerage and asset... management subsidiary, Morgan Keegan & Company, Inc., provides services in over 450 offices across 16 states. Regions Financial Corporation started on July 13, 1971 with the merger of three Alabama banks: First National Bank of Montgomery , Exchange Security Bank of Birmingham , and First National Bank of Huntsville . The combined company was known as First Alabama Bancshares, the first state-chartered bank holding company in Alabama. Other acquisitions expanded the holding company's reach.
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