31,570Employees
$3.3 BTotal Annual Compensation & Benefits
$103,467Average Total Compensation & Benefits
95Banks Headquartered in State
Regions Bank, based in Birmingham, Ala., awarded its top honor for its associates—the Better Life Award—to Steve Beres, a veteran with a powerful story. Steve was injured in Afghanistan, losing his sight. As Regions' first service member and veterans affairs manager, Steve now manages relationships with organizations that support veterans. Regions donated $1,000 in Steve’s name to H.E.R.O.E.S. Care, a non-profit that supports military families.
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Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis
$11.6 BNew Home Loans Booked in 2023
41,838Number of New Home Loans in 2023
$255,000Median New Home Loan Size in 2023
$10.6 BSmall Business Loans
270.5 KNumber of Small Business Loans
$39,072Average Small Business Loan
$816.6 MSmall Farm Loans
13,189Number of Small Farm Loans
$61,915Average Small Farm Loan
Valley National Bank brought new meaning to ‘adaptive reuse’ when it partnered with the Alexander City Chamber of Commerce to turn a former bank operations center into something completely new. Now, the space is a business incubator for local entrepreneurs, startups, small businesses and individuals in need of a workspace—the Lake Martin Innovation Center.
Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis
$135 BDeposits
135Banks Operating Branches
1,377Branches & Offices
720Branches Offering Low Fee Bank On-certified Accounts
Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis
