- Regions moving into 64,000 square feet of new office space at 615
South College.
- Sales and Trading operation launches to expand services for
corporate-banking clients.
- New retail-banking branch reflects Regions’ growing commitment to
Charlotte.
CHARLOTTE, N.C.--(BUSINESS WIRE)--
Regions
Bank on Monday announced specialized banking teams from the company
are moving into newly built Uptown office space today, marking a
significant step forward in Regions’ growing commitment to serving
corporate-banking and retail-banking clients in Charlotte and throughout
the United States.
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The 615 South College high-rise is adjacent to I-277 in a rapidly developing area of Uptown Charlotte, across from South End. (Photo: Business Wire)
Regions was the first tenant to announce it would occupy space in the
615 South College high-rise, and the company recently reached an
agreement to expand its initial space in the building. Now,
approximately 64,000 square feet of the building will house Regions
teams, giving the company’s bankers an ultra-modern work environment
custom-designed to meet the needs of highly specialized financial
professionals. Previously, Regions’ corporate-banking teams in Charlotte
had been divided among leased office space in four separate buildings.
“We already have top-tier talent whose experience is crucial to meeting
the complex financial needs of a wide range of clients. Now we have
top-tier office space to support further growth of our teams – and to
help us reach more clients not only locally, but also across the U.S.,”
said Terry Katon, head of Capital Markets for Regions Bank. “This is a
major milestone in our growth, and we look forward to further expansion
in the years to come.”
Regions’ space at 615 South College was designed to accommodate future
growth as the company recruits additional talent to serve a growing list
of clients. Regions is also launching a Sales and Trading operation
within 615 South College. The bank’s Sales and Trading area will occupy
a dedicated space adjacent to the space occupied by corporate-banking
teams and other personnel.
Robert Heffes will serve as head of Regions’ Sales and Trading team. A
veteran of over 25 years in financial services, Heffes joined Regions in
April 2016 and will lead a team that helps Regions offer a more complete
array of expertise and services to a diverse range of clients.
“The addition of Sales and Trading is a natural extension of Regions’
comprehensive financial services, and it allows us to take a more
holistic approach to meeting the needs of current and future clients,”
said Ronnie Smith, head of Regions’ Corporate Banking group. “Robert
brings a unique set of skills and expertise to this role that will
benefit our clients and complement the work of our existing banking
teams.”
In addition to Capital Markets, Corporate Banking, and Sales and Trading
teams, the 615 South College workspace will house executives and
associates from Regions’ Specialized Industry group, as well as the Real
Estate Banking division, Commercial Banking, Consumer Lending, Mortgage,
Private Wealth Management and other lines of business.
Further, a retail-banking branch is under development on the main level
of 615 South College.
Designed to become one of the most modern branches in Regions’
footprint, the 615 South College branch will blend updated technology
with personal service. Its design will not include a traditional teller
line. Instead, customers will be greeted personally by Regions bankers
who can each deliver a complete array of branch-banking services.
In addition, 615 South College will become the first Regions location in
North Carolina to offer Regions
Video Banking.
A Video Banking ATM in the building’s lobby – as well as an additional
Video Banking ATM on the building’s exterior – will connect people with
experienced Regions Video Bankers via live, two-way video. Video Bankers
can process most teller transactions while also helping people with
account maintenance and general inquiries. Video Bankers are available
during extended hours on weeknights, Saturdays, Sundays and most
holidays.
“While we continue to grow our digital banking options, branches are
still the primary place where people prefer to open accounts and have
in-depth discussions about personal financial goals,” said Michelle
Walters, Regional Consumer Banking Executive for Regions. “We are proud
to build on our growth in Charlotte by expanding our branch-banking
presence here as well. This is a vibrant, thriving community and an
ideal location for us to reach more people with Regions’
industry-leading customer
experience.”
Regions is also adding two standard-service ATMs to the Lynx Blue Line
platform adjacent to 615 South College. The ATMs and bank branch are
expected to be available to customers beginning in the third quarter of
2018.
Regions’ Corporate
Banking Group serves public and private companies throughout the
bank’s geographic footprint as well as across the United States through
its Specialized Industry groups. Regions Capital Markets, a division of
Regions Bank, provides products and services including syndicated loan
facilities, interest rate, commodity and foreign exchange risk hedging.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $123 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 across the South, Midwest and Texas, and through its
subsidiary, Regions Bank, member FDIC and an Equal Housing Lender,
operates approximately 1,500 banking offices and 1,900 ATMs. Additional
information about Regions and its full line of products and services can
be found at www.regions.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180430005646/en/
Regions Bank
Jeremy D. King, 205-264-4551
regions.doingmoretoday.com
Regions
News on Twitter: @RegionsNews
Source: Regions Financial Corporation