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Regions Geographic Footprint. Regions Financial Corporation, formerly known as First Alabama Bankshares, was founded on July 13, 1971 with the merger of three Alabama banks: First National Bank of Montgomery, Alabama (opened 1871), Exchange Security Bank of Birmingham, Alabama (opened 1928), and First National Bank of Huntsville, Alabama (opened 1856).
The 39 branches divested in Alabama were sold to RBC Centura Bank and converted in Spring 2007. On November 4, 2006, Regions completed its acquisition of AmSouth. [2] AmSouth branches in Alabama, Florida, or Columbus, GA, either closed or converted to Regions on July 13, 2007.
An advantage of holding a National Bank Act charter is that a national bank is not subject to state usury laws intended to prevent predatory lending. [16] However, see also Cuomo v. Clearing House Association, L. L. C. , stating that federal banking regulations do not preempt the ability of states to enforce their own fair-lending laws.) [ 17 ...
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The Regions-Harbert Plaza is a 32-story, 437-foot-tall (133 m) office building in Birmingham, Alabama. Originally known as the AmSouth-Harbert Plaza , it was renamed on July 13, 2007, after AmSouth Bancorporation - the building's largest tenant - merged with Birmingham-based Regions Financial Corporation .
The name of the building was renamed from Regions Center to UBS Tower. [5] The building served as the Tennessee headquarters and a branch office for Birmingham, Alabama-based Regions Bank. [2] It is also home to many non-related businesses who lease space in the upper floors. It was once the main office and headquarters of First American ...