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Started By
Message
re: Is Regions Bank next?
Posted on 3/12/23 at 4:02 pm to fallguy_1978
Posted on 3/12/23 at 4:02 pm to fallguy_1978
Bad thing is I live
In Walker and have to drive to Denham if I need to do banking.
In Walker and have to drive to Denham if I need to do banking.
4
Posted on 3/12/23 at 4:05 pm to Earthquake 88
quote:
Bank Of The Ozarks
They have tons of cash on hand. Money laundering banks are never short on cash.
Posted on 3/12/23 at 4:07 pm to dukke v
quote:
Bad thing is I live
In Walker and have to drive to Denham if I need to do banking
My thought process behind using Regions was this.
Freshman year at Lsu I needed a new bank account and I remembered there was one by Wienerschnitzel. I walked to Union Planters Bank and opened an account. They got bought by Regions. That account is still our main joint bank account almost 30 years later.
Posted on 3/12/23 at 4:17 pm to fallguy_1978
That’s pretty cool….
Posted on 3/12/23 at 4:19 pm to Earthquake 88
quote:
I’d be concerned if I had money in the Bank Of The Ozarks
It's Bank OZK now and why would you think they might be next?
Posted on 3/12/23 at 4:22 pm to V Bainbridge
If regions fails a whole lotta elderly folks will find the pitchforks and straight up murder some execs.
Posted on 3/12/23 at 4:22 pm to hikingfan
Posted on 3/12/23 at 4:23 pm to Bruco
quote:If the FDIC takes over the portfolio will be sold by the fed gov, if private investor(s) takes over they'll sell the portfolio.
They will be sold and serviced by someone else
Posted on 3/12/23 at 4:23 pm to hikingfan
That is one ugly building.
Posted on 3/12/23 at 4:24 pm to dukke v
Regions is one of the larger regional banks. It would cause a bit of a ripple in the southeast if they went under but I hardly consider some lights on to be a sign of that.
This post was edited on 3/12/23 at 4:35 pm
Posted on 3/12/23 at 4:25 pm to hikingfan
The fear has started because a bank that basically gave risky loans to tech startups/crypto has gone belly up. The media really does have a lot of people scammed. 
Posted on 3/12/23 at 4:33 pm to FLObserver
I hope I can get some cheap BAC, WFC and JPM shares
Posted on 3/12/23 at 4:38 pm to fallguy_1978
Will they have one where you move???? Isn’t that like in a couple years??
Posted on 3/12/23 at 4:46 pm to dukke v
I have no idea where Regions exists outside of AL, LA, MS and FL. They are probably in other states too. It's a pretty big bank. Top 20-30 in the country I think.
Posted on 3/12/23 at 4:48 pm to hikingfan
Enjoy your visit from the Feds and remember your 5th Amendment rights.
Posted on 3/12/23 at 4:53 pm to fallguy_1978
You should be good then… unless you move to Alaska…
Posted on 3/12/23 at 4:58 pm to hikingfan
You should look up the Regions ESG report. I was appalled by it. Basically reads like a WEF manifesto. Who is writing this stuff?
Posted on 3/12/23 at 4:58 pm to fallguy_1978
quote:
I have no idea where Regions exists outside of AL, LA, MS and FL. They are probably in other states too. It's a pretty big bank. Top 20-30 in the country I think.
Depends on if you are talking about consumer or corporate banking.
TX, NC, SC, MO, IN, KY, IL, among other states
A number of lending groups lend nationwide from I’ve seen
Posted on 3/12/23 at 5:04 pm to hikingfan
Why are we talking aboot Regions being next to go under? Is this based in anything, or did you just pull this idea out of your prison wallet?
Any articles I have read that speculate on who could be next did not mention Regions.
Any articles I have read that speculate on who could be next did not mention Regions.
Posted on 3/12/23 at 5:12 pm to hikingfan
Bankers working late in PE busy season. Shocker.
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