The St. Pete Economic Development Corp. is pleased to announce Regions Bank as a new Trustee-level Investor in the St. Pete EDC. Regions’ mission is to achieve superior economic value for shareholders over time by making life better for customers, associates and communities and creating shared value as they help them meet their financial goals and aspirations. Regions has been an Investor at the Leadership level for many years and is now increasing its investment in the St. Pete EDC’s mission of growing the St. Petersburg economy by helping out-of-market companies discover, explore, and choose St. Pete for corporate relocation or expansion.
Regions’ Wealth Management Area Market Leader Rory Glenn will serve on the St. Pete EDC’s Board of Governors. Rory has more than two decades of experience in private banking and wealth management. Throughout his career, he’s been recruited into high-stakes, newly created, or rapidly evolving leadership roles where clear direction and disciplined execution were required. He’s earned a reputation as a strategic architect and hands-on builder—someone who can navigate complexity, mobilize top talent, and deliver meaningful growth in competitive markets.
About Regions
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions Bank operates more than 1,200 banking offices and more than 1,750 ATMs, including nearly 300 in Florida, and seven strategically located around St. Petersburg.
Why Regions invests in the St. Pete EDC
Rory explained why Regions invests in the EDC, saying, “Regions is growing with St. Petersburg, and we believe strong communities are built through intentional collaboration. Investing in the St. Pete EDC allows us to support a city that is attracting innovative companies, diverse talent, and long-term opportunity. The momentum here is real, and the EDC plays a critical role in telling that story, connecting the right businesses to this market, and ensuring growth that’s thoughtful, and sustainable.”
Mike Swesey, president & CEO of the St. Pete EDC expressed his appreciation for the organization, saying, “Regions has been an important part of the EDC for years, and we’re delighted they are strengthening their commitment to St. Pete and our region by encouraging companies to ‘Become St. Pete’ through the EDC.”
Learn more
Visit Regions at their website: https://www.regions.com/personal-banking
And see what else Rory has to say about St. Pete on our website: https://becomestpete.com/investors-edc/regions-bank/.
