Regions Financial reviews

3.6

66% would recommend to a friend

(4,219 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 4,219 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
1.0
Jul 16, 2008
Recommend
CEO approval
Business Outlook

Pros

Pay package is very very good. However, lot of sales stress to go along with that. Regions/AmSouth pays about the highest for all positions from tellers on up. There is a lot of talk about "do the right thing" but that is just talk not really what happens.

Cons

Sales pressure is excessive and cheating to make sales goals is widespread through the bank. The turnover from tellers to business bankers, private bankers, managers etc. is unreal, even higher than the banking industry norm. The sales and marketing is very good, the bank spends a lot of money in that area. Some business decisions are made fast, but others are very very slow. The computer system is ok, better than other banks in terms of ease to use.

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!

Viewing 4210 - 4212 of 4,219 Reviews

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