Reviewed by: Nathan Watson
Regions named one of FORTUNE® Magazine’s “most innovative” companies
Reading time: 2 minutes
Regions Financial got a serious nod from a big player in the finance game. FORTUNE® Magazine named Regions in its list of “most innovative companies in America.” Regions was also the sole Alabama company represented on the list. Keep reading to find out what about Regions landed them on the list—and a bit more on how the list was created, too.
Process, product + culture
When FORTUNE was evaluating the companies, editors there looked at the process, the product and the culture. Each of these was independently evaluated by FORTUNE and Statista. A combination of those scores determined the company’s ranking 1-200.
Regions Financial ranked at 140.
More specifically, this is their score breakdown:
- Product innovation ranking: 91
- Process innovation ranking: 148
- Culture innovation ranking: 130
A release from Regions pointed to new features like Visa Commerical Pay Mobile, Overdraft Grace and Evergreen Week as the initiatives that helped the company make the list.
Regions also made it on the FORTUNE 500 list last year, landing spot number 438.
Want to see some more of what makes Regions a great place to work and bank? Here are a few stories for you to check out:
- How to get Momentum in your career + life with one Alabama leadership program now
- Alabama college students, you need to know how to avoid these common scams
- Birmingham-based Regions Bank is #1 bank for customer service, according to Forbes
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