Regions Give Up $11k For The Veterans

By Xyla Joelle L. Fernandez

Nov 12, 2016 06:00 AM EST

The Regions Financial Corporation had donated $11,000 to a program for severely injured military at the Lakeshore Foundation in honor of the Veterans Day for our heroes.

The said foundation began its Lima Foxtrot programs in 2006 to provide severely injured military and veterans with year-round sports and fitness programs.

It has several programs, like "Operation Refocus," a female-only camp for female veterans and military members with spinal cord injuries or traumatic brain injuries, and "Operation Night Vision," a camp designed for veterans with serious visual impairment or blindness.

The said financial services company had already raised $40,000 for the Lima Foxtrot program since it began its annual fund raiser in 2013 which is honor of the Veterans Day.

Deno Posey, head of the Deposit Operations for Region Bank said in a press release that since Lima Foxtrot began it had a profound impact on veterans and families from nearly in every US state. He also said that this is a world-class program and thus they are looking forward to building on their support for the years to come.

Regions Financial Corporation was formed in 1971 as First Alabama Bancshares Inc., Alabama's first multibank holding company. With the combination of three well-respected banks, the holding company began operations with a total of $543 million in assets and 40 banking locations in Birmingham, Huntsville and Montgomery.

The company was renamed Regions Financial Corp. in 1994 to better reflect its growing presence throughout the South. Its merger with Memphis, Tenn.-based Union Planters Corp. took place in July 2004, creating a Top 15 U.S. bank.

Its merger with AmSouth Bancorporation on November 4, 2006, created a Southeast-based financial powerhouse ranking as one of the top 10 banks in the nation. Serving some 4 million households throughout the South, Midwest and Texas, Regions is a full-service provider of retail and commercial banking, wealth management, mortgage and insurance products and services.

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