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Press release from Business Wire

Regions Bank Re-opens Branches Following April 27 Tornadoes

<p class='bwalignc'> <i><b>Company offers disaster assistance to customers and communities</b></i> </p>

Tuesday, May 03, 2011

Regions Bank Re-opens Branches Following April 27 Tornadoes18:33 EDT Tuesday, May 03, 2011 BIRMINGHAM, Ala. (Business Wire) -- Regions Bank (NYSE:RF) has re-opened all but three branches following the April 27 tornadoes impacting Alabama and other Southern states and has deployed a Regions Portable Branch Facility and a mobile ATM to serve Alabama communities most impacted by the storms. Regions today deployed its Portable Branch Facility to the site of its damaged University Mall branch, located at 1501 McFarland Blvd. in Tuscaloosa, Ala. Regions' Portable Branch, a converted RV with satellite connectivity, is a full-service bank branch. From the Portable Branch, customers can use on-site ATMs, complete transactions with a teller, open accounts, or talk to a banker on site. The Portable Branch Facility will be open for business beginning Wednesday, May 4 at 9 a.m. and will remain open during normal business hours indefinitely to serve the Tuscaloosa community. Last week, Regions Bank deployed a mobile ATM to its South Parkway branch located at 2511 Memorial Parkway in Huntsville, Ala. to provide cash withdrawals and other services for individuals impacted by the storm and resulting power outages in the area. Over two days, some 800 transactions were completed at the mobile ATM. Following the April 27 tornadoes, 54 Regions Bank branches were closed temporarily due to storm damage and power disruptions. The following three Regions Bank branch locations in Alabama remain closed: East Tuscaloosa - 951 26th Ave. East, Tuscaloosa, Ala. Redstone - Redstone Arsenal Building 3226, Redstone Arsenal, Ala. University Mall - 1501 McFarland Blvd., Tuscaloosa, Ala. Regions Bank is also providing assistance to customers and businesses in storm affected areas. These include: Special loan offers Penalty-free withdrawals from CDs Personal and business loan payment deferrals Discounts on new business loans Credit card account assistance Regions Bank fees waived for customers at other banks' ATMs ATM surcharges waived for non-customers at Regions Bank ATMs in Blount, Colbert, Cullman, DeKalb, Etowah, Franklin, Jackson, Jefferson, Lauderdale, Lawrence, Limestone, Madison, Marshall, Morgan, Tuscaloosa, Walker and Winston counties in Alabama, and Floyd County, Georgia. Customers who need information or assistance should contact their local branch, call 1-800-REGIONS or visit regions.com. On April 28 Regions Bank announced a $1 million corporate contribution to the National American Red Cross Tornado Disaster Relief Fund. Regions is also accepting donations to the relief fund from the general public at all Regions Bank branches in the 16 states the company serves. Regions is partnering with various local agencies in areas affected by the storms to provide volunteer assistance. Regions associates can work with these and other relief organizations that provide direct assistance to those hardest hit through the company's volunteer program, What a Difference a Day Makes, which provides each of our more than 27,000 associates a paid day off for volunteer work. About Regions Financial Corporation Regions Financial Corporation, with $132 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, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,800 banking offices and 2,200 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com. Regions Media RelationsEvelyn Mitchell, 205-264-4551