Regions Financial reviews

3.6

65% would recommend to a friend

(4,209 total reviews)
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John Turner

77% approve of CEO

63% positive business outlook

Regions Financial has an employee rating of 3.6 out of 5 stars, based on 4,209 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Regions Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

4K reviews
2.0
Jun 29, 2008
Recommend
CEO approval
Business Outlook

Pros

The only reasons to work at Regions is for the meger benefits. The pay is not bad, but not else should cause you to work for this bank.

Cons

The biggest downside is that this is a "good-ole boy bank". The Board and the CEO are always increasing each other's paychecks and stock options, while share holder value, and employee well-being is never considered. I got the impression they were just trying to keep the company afloat long enough to sell out to another bank, or get another MOE check.

2.0
Jun 21, 2008
Recommend
CEO approval
Business Outlook

Pros

The bank hasn't become so large that an employee is completely in a silo and misses out on the opportunity to learn about the other areas of the organization. I've had the opportunity to work in multiple departments over the years but it wasn't b/c I moved around internally. I had to leave the bank, go somewhere else, and then come back in order to get the kind of experience and salary I deserve. Unfortunately, this is a pretty common example of a career ceiling that I think impacts most financial institutions. I think anyone considering a position with Regions should be aware that there are rumors of a forthcoming purchase from an international bank. Of course, these rumors float around for many, many banks but in my experience this has been the consistent pattern of acquisition behavior for Regions. It started with UP, AmSouth, and now someone else. Each time the rumors started about a year in advance but an acquisition can be a good thing too. Someone could come and work for the company, stay through the acquisition, and relocate with a potential severance buffer. However, B'ham as a whole is drying up in terms of equittable competitve opportunities so be sure to stay mobile/flexible.

Cons

The senior management is whack!

3.0
Jun 20, 2008
Recommend
CEO approval
Business Outlook

Pros

Plenty of different opportunities within the company for advancement and lateral mobility. Many different lines of business to choose from; Banking, Investments, Mortgage, Trust, Commercial Lending, etc.

Cons

The downsides listed are not necessarily exclusive to Regions. I imagine the experience is very similar with other banks. Daily pressure to perform and sell a large array of financial products. A lot of regulations, rules, and changes to stay current with. Need to have a broad knowledge base along with excellent customer service skills. Constant distractions (ie: account issues, complaints, overdrafts, account fraud... Can be quite tedious at times and still involves way too much paperwork for the 21st century.

Viewing 4201 - 4203 of 4,209 Reviews

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