Low introductory rate for HELOCs; Relationship rate discounts
BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Consumers who are considering borrowing money have some great
opportunities to meet their needs at Regions
Bank. Currently, Regions is offering several consumer loan specials
for qualified borrowers.
Special HELOC/HELOAN Offers
As interest rates have remained low and the housing market has improved,
the opportunity for consumers to utilize the equity in their homes has
also returned. Currently, Regions is offering special rates on the
following types of home-related loans:
-
Low introductory APR for 12 months on new home equity lines of credit
-
Improved rates for installment home equity loans with a variety of
maturities
-
Special option to convert part or all of your home equity line of
credit balance to a fixed rate loan, for a fixed term, with fixed
payments
Consumer Loan Relationship Rate Discounts
Regions has recently expanded consumer loan relationship discounts for
Regions checking account customers. Customers who make their loan
payments using the auto debit feature from their Regions checking
account receive special discounts off regular loan rates (not available
on introductory rates).
Regions Mortgage Customer Loyalty Offer
Regions is pleased to announce the new Mortgage Customer Loyalty
Program. Qualifying borrowers who have an existing Regions consumer
checking account that has been open at least 120 days prior to
residential mortgage loan application will receive a $200 Regions Visa®
gift card after closing their mortgage loan, should they meet
eligibility requirements. This program applies to loan applications made
between October 1, 2014 and September 30, 2015.
"We continue to enhance our products and offer relationship discounts to
benefit customers that bank with Regions," said Logan Pichel, Head of
Regions Consumer Lending. "We are a relationship bank and believe in
rewarding customers that bank with Regions."
For more information on Regions lending call 1-888-IN-A-SNAP, visit http://www.regions.com/personal_banking/loans_credit.rf
or visit any Regions branch.
You can also make an appointment to speak with a Regions banker simply
by visiting www.regions.com.
Member FDIC. All loans subject to qualification, required documentation
and credit approval. Certain exclusions may apply. Loan terms and
availability subject to change.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $119 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, 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 1,700
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.
Regions Financial Corporation
Evelyn Mitchell, 205-264-4551
www.regionsbanknews.com
Regions
News on Twitter: @RegionsNews
Source: Regions Financial Corporation
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