Regions Financial reviews

3.6

66% 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
1.0
Oct 15, 2023
Recommend
CEO approval
Business Outlook

Pros

It comes with a free associate checking account.

Cons

The benefits and work life balance along with the impossible goals to reach in order to receive a bonus are very disheartening. They do not offer mental health days and the do not pay for intermittent FMLA . They also expect you to have a in-depth conversation about financial goals, assist with customer concerns, document the account and make referrals in 6 minutes. There's no email time to review policy changes. There's nothing provided to boost moral...I can go on and on. It's just not a good fit for me.

3.0
Aug 21, 2022
Recommend
CEO approval
Business Outlook

Pros

Lots of time off and good 401k benefits.

Cons

Ever since they took personal out of personal banking it’s turned most into robots. Upper Managment is more concerned with micro management than they are with performance. Has gone down hill since the introduction of “guided discovery” where they’ve taken all personality away from the customer experience and provided them with a impersonal app they require all associates to complete a certain number of per day. You’ll spend more time faking these as well as other metrics as your entire career is now based on online appointment setting; guided discovery (a application they log and track which fishes for information); and Gallup scores (customer survey program where anything less than a score of 100% is considered a failure). The overall atmosphere of the company has changed drastically within the last two years resulting in a turnover never seen before. Additionally they have gotten rid of all traditional rolls. Instead of having a assistant manager they have changed the job title to “Team Lead” which pays traditionally less but afford the same responsibilities. Licensed Bankers are now referred to as Financial Relationship Senior Consultants who are given the exact same loan/investment/etc goals as previously but are now also expected to work a significant amount of time working as a teller (20% if branch is staffed, significantly more if unstaffed). Unlicensed Personal Bankers are now Financial relationship Consultants which has all of the same duties as Senior except the investment goals. Additionally Tellers are no longer tellers but are either a Financial Relationship Specialist, or Financial Relationship Asscoiate where both are expected to complete 20% or more of their time doing banker duties but without training or time. In essence they’ve removed actual job rolls and turned clear rolls into a mixture of confusing titles and duties all while basing your career on ridiculous metrics while micromanaging performance depriving anyone of being able to show where their talents are because they’re to busy playing catch up or faking metrics.

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Regions Financial Response
3y
We take these concerns seriously and have internal channels for our associates to report them. Please reach out to Human Resources via HR Connect.
4.0
Jul 11, 2022
Recommend
CEO approval
Business Outlook

Pros

Bank holidays and work-life balance, you do some meaningful work sometimes, good 401k and benefits. Positive culture from management. Lots of “sick” days

Cons

Lack of training, low pay, quarterly bonuses are tilted to certain branches and markets, you have to be pushy with sales to bonus, and the reward is rarely worth the effort. High turnover means veteran employees take on more responsibility without reward. Annual raise is not very competitive, so it incentives people to leave for competitors, then apply for the position/negotiate their pay when they come back a year later. Not many vacation days your first few years with company.

Viewing 46 - 48 of 4,209 Reviews

Glassdoor has 4,375 Regions Financial reviews submitted anonymously by Regions Financial employees. Read employee reviews and ratings on Glassdoor to decide if Regions Financial is right for you.