Regions Bank has provided hundreds of millions of dollars in loans and lines of credit to gun manufacturers. While they bar employees and vendors from carrying guns on their premises, they have no public policy barring customers from carrying guns. They have made significant donations to lawmakers who are backed by the gun lobby and members of Congress who denied the 2020 election results.
April 2011: Issued a $1 million letter of credit to Tennessee gunmaker Ronnie Barrett.
September 2012: Participated in a $280 million loan to South Carolina gun company Ellett Brothers.
December 2015: Joined other banks in providing $178 million in loans to Sig Sauer.
March 2018: Provided $43.2 million as part of a lending package to save bankrupt gunmaker Remington Outdoor.
June 2015: Joined TD Bank, BB&T and Wells Fargo to provide a $175 million revolving line of credit and $105 million loan to Smith & Wesson.
August 2020: Partnered with TD Bank to provide Smith & Wesson with a $100 million revolving line of credit.
January 2022: Provided a $40 million unsecured revolving line of credit to Sturm, Ruger & Co.
None found.
Vendors are prohibited from carrying guns on company property and employee code of conduct prohibits “brandishing a weapon.” No public policy found for customers.
None found.
Since the 2020 election, Regions Bank’s PAC has donated $112,000 to NRA-backed members of Congress.
Since the 2020 election, Regions Bank’s PAC has donated $694,250 to members of Congress who denied the 2020 election results.
No bonus points earned.
