A Comprehensive Guide to Regions Bank in Jonesboro, Arkansas

Introduction

Regions Bank stands tall as a leading financial institution in the United States, with a strong presence in Jonesboro, Arkansas. Whether you're a long-time customer or exploring your banking options, this article aims to provide you with comprehensive information about Regions Bank in Jonesboro.

Locations and Services

Jonesboro Main Branch

• Address: 2504 E Nettleton Ave, Jonesboro, AR 72401
• Phone: (870) 972-7300
• Hours: Monday-Friday: 9:00 AM - 5:00 PM

Burgess Branch

• Address: 4301 E Highland Dr, Jonesboro, AR 72401
• Phone: (870) 933-7100
• Hours: Monday-Friday: 9:00 AM - 5:00 PM

Regions Bank in Jonesboro offers a wide range of banking products and services, including:

• Checking and savings accounts
• Money market accounts
• Certificates of deposit
• Loans (personal, auto, business)
• Credit cards
• Wealth management services
• Trust services

Account Types and Interest Rates

Checking Accounts

• Now Checking: No monthly maintenance fee with direct deposit or minimum balance; 0.01% APY
• Elite Checking: $10 monthly maintenance fee; 0.05% APY

Savings Accounts

• LifeGreen Savings: No monthly maintenance fee; 0.01% APY
• Premier Savings: $5 monthly maintenance fee; 0.05% APY

Money Market Accounts

• Money Market Account: $100 minimum balance; 0.05% APY
• Premier Money Market Account: $25,000 minimum balance; 0.10% APY

Certificates of Deposit (CDs)

• 3-month CD: 0.25% APY
• 6-month CD: 0.30% APY
• 12-month CD: 0.45% APY

Note: Interest rates may change. Refer to Regions Bank's website or contact your local branch for current rates.

Lending Products and Rates

Personal Loans

• Rates: 7.99% - 16.99% APR
• Terms: 12 - 60 months

Auto Loans

• Rates: 2.99% - 7.99% APR
• Terms: 24 - 84 months

Business Loans

• Rates: 4.99% - 9.99% APR
• Terms: Negotiable

Wealth Management and Trust Services

Regions Bank offers a comprehensive suite of wealth management and trust services, including:

• Investment management
• Retirement planning
• Estate planning
• Charitable giving
• Trust administration

Community Involvement

Regions Bank is actively involved in the Jonesboro community, supporting organizations such as:

• United Way of Northeast Arkansas
• Arkansas State University
• Jonesboro Public Schools

Tips and Tricks

• Take advantage of online banking and mobile banking for convenient access to your accounts.
• Enroll in overdraft protection to avoid costly fees.
• Consider using a debit card instead of a credit card for everyday purchases to avoid accumulating debt.
• Explore wealth management services if you're looking to grow your savings and plan for the future.
• Contact your local branch for guidance on customized banking solutions.

Stories and Learnings

Story 1:

A local business owner secured a loan from Regions Bank, which enabled them to expand their operations and create new jobs.

Learning: Regions Bank is committed to supporting businesses and the economic growth of Jonesboro.

Story 2:

An elderly couple enrolled in Regions Bank's trust services to ensure that their assets would be distributed according to their wishes after their passing.

Learning: Regions Bank provides peace of mind through comprehensive trust services.

Story 3:

A young professional took advantage of Regions Bank's wealth management services to plan their retirement and achieve their financial goals.

Learning: Regions Bank offers tailored solutions to help individuals achieve their financial aspirations.

Common Mistakes to Avoid

• Overdrawing your account without overdraft protection.
• Not reading loan documents carefully before signing.
• Investing in risky assets without proper research.
• Ignoring your financial statements and account balances.
• Falling prey to financial scams.

Step-by-Step Approach to Banking with Regions Bank

1. Visit a local branch or call the customer service hotline.
2. Inquire about the available accounts and services.
3. Choose the products that best meet your needs.
4. Complete the account opening process.
5. Set up online banking and mobile banking.
6. Deposit funds and start using your accounts.
7. Monitor your accounts regularly and contact your branch with any questions.

Conclusion

Regions Bank in Jonesboro, Arkansas, offers a wide range of banking products and services tailored to meet the needs of individuals, families, and businesses. With its convenient locations, experienced staff, and commitment to community involvement, Regions Bank is a trusted financial partner for the Jonesboro community. Whether you're looking to manage your daily finances, grow your savings, or secure funding for your business, Regions Bank is here to provide you with customized solutions and support.

Tables

Table 1: Checking Account Comparison

Table 2: Savings Account Comparison

Table 3: Certificate of Deposit Rates