Betsy Bean Receives Regions' Top Associate Honor.

Wins Better Life Award for Dedication to Associates, Customers and Community

BIRMINGHAM, Ala. -- Regions Financial Corporation (NYSE: RF) today announced that Betsy Bean, vice president and consumer sales manager at Regions Bank in Nashville, Tenn., is the November recipient of the Better Life Award. The Better Life Award is the top award given at Regions to associates for outstanding dedication and job performance, as well as exemplary involvement and commitment to the community.

Bean was recognized for her outstanding commitment to customer service. She is also noted as being an exceptional leader at Regions and in the community. "Betsy possesses the drive to be successful in everything she does. We are proud to honor her with this prestigious award," said Jim Schmitz, Middle Tennessee area president for Regions.

Bean holds a bachelor's degree from the University of Alabama. The 23-year banking veteran is actively involved in the community through a variety of organizations, including the children's ministry at Crievewood United Methodist Church, Kappa Delta Sorority at Vanderbilt University, Susan G. Komen Race for the Cure and a local youth wrestling club.

The Better Life Award is presented monthly to a Regions associate who clearly lives the company's mission to make life better for customers, associates and the communities it serves, and who is an example of the company's values:

* Put People First

* Do What Is Right

* Focus On Your Customer

* Reach Higher

* Enjoy Life

Regions associates are nominated by their managers and peers for the award. Regions Chairman and Chief Executive Officer Dowd Ritter honors recipients at the company's headquarters in Birmingham, Ala., at a meeting broadcast live to offices and branches in the 16 states Regions serves. In addition to the recognition, associates earning the Better Life Award will receive an additional week of vacation and a crystal award.

About Regions Financial Corporation

Regions Financial Corporation, with $140 billion in assets, is a member of the S&P 100 Index and 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 approximately 1,900 banking offices and 2,300 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.