Regions and Union Planters Merger Revealed Friday - KAIT Jonesboro, AR - Region 8 News, weather, sports

Jonesboro, AR

Regions and Union Planters Merger Revealed Friday

January 23, 2004 - Posted at 8:58 a.m. CDT

 

JONESBORO, AR - K8 News has learned that a merger between two of the south's most prominent financial institutions, each with several properties in Jonesboro and Region 8, becomes effective today.

Regions Financial Corporation and Union Planters Corporation have signed a definitive merger agreement, creating the 12th largest bank holding company nationwide in terms of deposits.

A source at Regions Bank in Jonesboro told K8 News that employees of the two banks were informed of the transaction this morning.

The new company will be known as Regions Financial Corporation.  Regions corporate officials are expected to be in Jonesboro this afternoon.

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Funeral home faces suspension after cremation mix-up, officials say

    Funeral home faces suspension after cremation mix-up, officials say

    Wednesday, December 13 2017 9:06 PM EST2017-12-14 02:06:36 GMT
    Wednesday, December 13 2017 9:33 PM EST2017-12-14 02:33:17 GMT
    (Source: KAIT)(Source: KAIT)

    A funeral home in Batesville faces a temporary suspension after it reportedly cremated the wrong body.

    A funeral home in Batesville faces a temporary suspension after it reportedly cremated the wrong body.

  • Versona to close Christmas Eve, employees say

    Versona to close Christmas Eve, employees say

    Wednesday, December 13 2017 7:30 PM EST2017-12-14 00:30:59 GMT
    Wednesday, December 13 2017 8:29 PM EST2017-12-14 01:29:45 GMT
    (Source: KAIT)(Source: KAIT)

    A clothing store in the Mall at Turtle Creek that emphasizes Italian fashions for women will close its doors this holiday season, employees at the store said Wednesday. 

    A clothing store in the Mall at Turtle Creek that emphasizes Italian fashions for women will close its doors this holiday season, employees at the store said Wednesday. 

  • Toys delivered to needy children in Craighead County

    Toys delivered to needy children in Craighead County

    Wednesday, December 13 2017 6:48 PM EST2017-12-13 23:48:24 GMT
    Wednesday, December 13 2017 8:22 PM EST2017-12-14 01:22:50 GMT
    Craighead County Sheriff Marty Boyd collects toys to give to needy children in Craighead County. (Source: Craighead Co. Sheriff's Office Facebook)Craighead County Sheriff Marty Boyd collects toys to give to needy children in Craighead County. (Source: Craighead Co. Sheriff's Office Facebook)

    It was delivery day as Craighead County deputies took toys to needy children throughout the county. 

    It was delivery day as Craighead County deputies took toys to needy children throughout the county. 

Powered by Frankly