Regions consolidating footprint with branch closures

Regions Bank is closing a pair of branches in South Carolina and Florida. Regions Financial Corp. (NYSE: RF) is planning to close a branch in Melbo...

November 3, 2022
5:44 AM

Regions Bank is closing a pair of branches in South Carolina and Florida. Regions Financial Corp. (NYSE: RF) is planning to close a branch in Melbourne, Florida, and a branch in Hilton Head Island, South Carolina, according to the Alabama State Banking Department's September report. Florida was home to the lion's share of Regions' branches at the end of last year, with 280 locations, according to its 10-K filing for 2021. The bank's total branch footprint has remained relatively flat this year.

A.J. O'Leary