Western Alliance Bank vs Regions Bank
Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Regions Bank? Read our comparison chart below.
Western Alliance Bank offers high-yield savings products and CD accounts.
While Regions Bank has 1,250+ 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 Western Alliance Bank with Regions Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Western Alliance Bank | Regions Bank | |
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High-Yield Savings Premier - 4.30% APY | LifeGreen Business Checking® - | |
Benefits and Features | ||
Savings | ||
CD | Up to 4.30%; 3-12 month term CDs. $1 minimum deposit. | 0.01% - 0.05% APY (Up to 4.25% APY for Promotional Relationship) |
Checking | ||
ATMs | 2,000+ ATMs in 15 Southern and Midwestern US states. | |
Customer Service | 24/7 Telephone Customer Service | |
IRA CD | ![]() | |
Locations | 1,250+ branches in 15 Southern and Midwestern US states. | |
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
CD | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Fees | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Solid bank that offers high APY savings products with a fully digital experience... | South and Midwest bank with special reward programs... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 03/06/2025. Regions Bank: Pricing information from published website as of 02/19/2025 based on 35203 zip code. |
High-Yield Savings Premier - 4.30% APY
- No account fees
- Option to open individual or joint account
- FDIC insured up to $250,000 per depositor
- Only $500 minimum opening deposit
High Yield Savings Account - 4.30% APY
- No fees
- $1 minimum deposit
- 24/7 online access
- FDIC insured
High-Yield CD Rates - Up to 4.30% APY
- No fees
- $1 minimum deposit
- FDIC insured
Term | CD Rates |
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3 Month | 4.30% APY |
5 Month | 4.10% APY |
6 Month | 4.30% APY |
9 Month | 3.95% APY |
12 Month | 4.30% APY |
Which is Better: Western Alliance 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 Western Alliance Bank or CIT Bank.
In short: Western Alliance Bank's savings and cd are outstanding.