31,060Employees
$2.4 BTotal Annual Compensation & Benefits
$78,664Average Total Compensation & Benefits
110Banks 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: Estimates based on ABA 2019/2020 survey data
$3.8 BSmall Business Loans Outstanding
$9.5 BNew Home Loans Booked in 2018
52,243Number of New Home Loans in 2018
$135,000Median New Home Loan Size in 2018
$1.7 BSmall Farm Loans Outstanding
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: Estimates based on ABA 2019/2020 survey data, HMDA
4.8 MTotal Customers
$107.6 BDeposits
4.3 MConsumer
1 MSmall Business
334.7 KSmall Farm
153Banks Operating Branches
1,456Branches & Offices
Mario and Gabriela Limon opened their Mexican restaurant, Limon’s, in the center of Henagar, Alabama in 2004. When COVID-19 began rapidly spreading, the Limons had no choice but to shift their operations to take-out only. The Limons turned to First Fidelity Bank to secure a PPP loan—allowing them not only to continue employing staff and serving customers safely, but also to give back to the community.
Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data
142.8 KVolunteer hours
$35.5 MCommunity Donations
Regions Bank, based in Birmingham, AL, provided major assistance to a small Alabama non-profit on a major mission: Housing and support for veterans who are homeless or confronting other major issues.
Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.
