Can be fun but management from branch to C-suite are lazy
Pros
Decent work-life balance. Nice facilities and moderately competitive pay. Employee appreciation week is normally a really fun and well-planned time. 401(k) match is not bad.
Cons
I am a past employee but spouse is current employee. Management and mid-level associates have a tendency to be lazy and unaccountable, and this has always been the case. Company will hire cheap unexperienced back office folks but randomly freeze hiring later. Health plans after 2015 were quietly changed to this absolutely god-awful high deductible plan that covers nothing. They want you to get the more expensive Advantage plan. 401(k) is a big push to get you to buy RF stock. Right now they are embarking on the “Simplify & Grow” initiative, which is nothing more than making junior members of the good ole boys club feel important and make layoffs seem like they can be avoided. While tax reform prompted lots of big companies to give all employees a $1000 bonus, Regions further watered down health benefits, and the C-suite executives cashed out 500,000 shares of RF stock.