Diebold (DBD) to Provide In-House Central Station Security for Regions' (RF) Birmingham, AL, Office

July 30, 2012 8:47 AM EDT
Security monitoring at Regions Financial Corporation's (NYSE: RF) in-house central station has undergone a distinct transformation that integrates expertise from Diebold, Inc. (NYSE: DBD) for enhanced security and improved efficiency. Diebold employees are now staffing Regions' Birmingham, Ala.-based in-house central station, where they monitor alarm video and other systems for Regions' entire enterprise, including more than 2,400 sites. The arrangement allows Regions to maintain ownership of its central station and infrastructure, while strengthening its security capabilities with Diebold's monitoring expertise.

With $128 billion in assets, Regions Financial is one of the largest full-service providers of consumer and commercial banking, wealth management, mortgage and insurance products and services in the United States. Serving customers in 16 states across the South, Midwest and Texas, the Birmingham-based institution operates approximately 1,700 banking offices and 2,100 automated teller machines (ATMs) through its Regions Bank subsidiary.

This transition will allow Diebold to apply proven protocols and response plans to improve efficiency and effectiveness in a critical part of Regions' security operation, resulting in a very safe environment for its associates, customers and assets.


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