Bank / Credit Union

Regions Bank brings on head of Homebuilder Finance

June 14, 2023

Regions Bank has appointed Fred Behnke to serve as head of its Homebuilder Finance. He previously served as regional manager for Region Bank's east region and takes over from Danny Hill, who has retired, according to a press release.

This team delivers loans to homebuilders for construction, lot purchases, development and other financial needs.

"Regions operates in vibrant, growing markets across the Southeast, Texas and beyond. Our team is helping homebuilders meet the needs of today, plan for the opportunities of tomorrow, and build sustainable success," Behnke said in the release. "With market volatility, inflation and higher interest rates of late, many homeowners are having to adjust their financial goals. However, housing continues to be a major need in growth communities across the Southeast, and we see many of our homebuilders adjusting their business plans to maximize cash flow to help meet the continued demand for housing. I'm incredibly proud of the entire Homebuilder Finance team and the collaborative approach we take to providing customized, tailored solutions to meet the needs of homebuilders. Our relationship-based approach to service is another way we're distinguishing Regions in the marketplace and helping clients reach their comprehensive financial goals."