Regions Financial Corporation Cuts Prime Lending Rate to 6.50 Percent

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Tue Jan 22, 2008 4:38pm EST 

BIRMINGHAM, Ala.--(Business Wire)--Regions Financial Corporation (NYSE: RF) today announced that it
has cut its commercial prime interest rate to 6.50 percent effective
today, January 22, 2008. The prime rate is the benchmark for many
types of commercial and consumer loans and lines of credit. The prime
rate last changed on December 11, 2007.

   About Regions Financial Corporation

   Regions Financial Corporation is a member of the S&P 100 Index and
Forbes Magazine's "Platinum 400" list of America's best big companies.
With $141 billion in assets, Regions is one of the nation's largest
full-service providers of consumer and commercial banking, trust,
securities brokerage, mortgage and insurance products and services.
Regions serves customers in 16 states across the South, Midwest and
Texas, and through its subsidiary, Regions Bank, operates almost 2,000
banking offices and nearly 2,500 ATMs. Its investment and securities
brokerage, trust and asset management division, Morgan Keegan &
Company Inc., provides services from over 400 offices. Additional
information about Regions and its full line of products and services
can be found at www.regions.com.

Regions Financial Corporation
Tim Deighton, 205-264-5277

Copyright Business Wire 2008
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