SunTrust Bank vs Regions Bank
SunTrust Bank is a southeastern regional bank known for good customer service. How does it compare to Regions Bank? Read our comparison chart below.
SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.
While Regions Bank has 1,500 branches in 15 states in the South and Midwest. Checking and savings accounts require just $50 to open, with relatively lower requirements to waive fees. The unique Now Banking solution offers prepaid Visa, savings, and check cashing services with no account required.
Compare SunTrust Bank with Regions Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
SunTrust Bank | Regions Bank | |
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LifeGreen Savings Account – Up to $100 Annual Savings Bonus - | ||
Benefits and Features | ||
Savings | 0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates. | |
CD | 0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days. | 0.01% APY (Up to 5.00% APY for Promotional Relationship) |
Money Market | Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained. | |
ATMs | More than 2160 ATMs across 11 southeastern states and Washington DC. | More than 1900 ATMs in 15 Southern and Midwestern US states. |
Customer Service | 24/7 Telephone and Automated Customer Service | 24/7 Telephone Customer Service |
IRA CD | Terms ranging from 1 - 10 years. | |
Locations | 1400 bank branches across 11 southeastern states and Washington D.C. | More than 1500 branches in 16 Southern and Midwestern US states. |
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Checking | ||
Money Market | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
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Bottom Line | Southeastern regional bank known for good customer service... | South and Midwest bank with special reward programs... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 zip code. Regions Bank: Pricing information from published website as of 03/15/2024 based on 35203 zip code. |
Which is Better: SunTrust Bank or Regions Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing SunTrust Bank or Chase.
In short: SunTrust Bank's cd and mobile app are notable.