30,928Employees
$2.7 BTotal Annual Compensation & Benefits
$85,796Average Total Compensation & Benefits
107Banks 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 year-end 2020, estimates based on ABA 2020/2021 survey data
$17 BNew Home Loans Booked in 2020
75,829Number of New Home Loans in 2020
$185,000Median New Home Loan Size in 2020
$6 Bin Paycheck Protection Program (PPP) Loans Facilitated
62,173PPP Loans
$23,677Median PPP Loan
741.5 KJobs Supported by PPP
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: HMDA, SBA PPP Loans, ABA analysis
5 MCustomers
$141.3 BDeposits
139Banks Operating Branches
1,426Branches & Offices
568Branches Offering Low Fee Bank On-certified Accounts
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 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund
135.7 KVolunteer Hours
$46.8 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 2020/2021 survey data
