Regions Bank Announces Kay Carroll as Community Development Manager in Northeast Texas
Regions Bank announced Wednesday that Kay Carroll, a longtime banking professional, will serve as vice president and community development manager serving markets in Northeast Texas.
In this role, Carroll will work with local market leaders from the regions and other colleagues in Dallas-Fort Worth, Longview, Tyler, Cass County and Texarkana to explore community development opportunities related to the Community Reinvestment Act. These focus areas, which align with the regions’ strategic community priorities, include affordable housing, small business development, neighborhood revitalization and additional services in low- and middle-income areas.
“Working with our community partners to identify and address their most pressing needs is the primary focus of our community development team,” said Latrisha Jemison, regional manager of community development and partnerships for Regions Bank. “Kay Carroll’s extensive experience in community development and lending, combined with her consistent track record of building lasting relationships with nonprofits, make her the perfect fit for this role. We are happy to welcome him to our team.
In recent years, Regions has significantly expanded its community development focus across Texas. Examples in the Dallas-Fort Worth area in particular include support from Business & Community Lenders (BCL) of Texas, Promise House, and Emily’s Place, among other nonprofits. These initiatives are complemented by a strong emphasis on associate volunteerism as well.
“From engaging at scale on behalf of the bank itself to connecting our local workforce with service opportunities, Regions Bank amplifies its impact when we strategically engage with organizations that make the difference,” said Tyrus Sanders, market manager for Regions Bank. in Dallas. “In terms of volunteerism, by providing our associates with opportunities to teach financial education, encouraging them to participate in giving drives, and helping them connect nonprofit community partners with additional resources, we take our community engagement to the next level. We also foster a deep sense of pride in our associates as they see the difference they are making. We know that Kay’s strategic experience in community development will help us support a wide range additional initiatives in a profoundly meaningful way.
Carroll noted that the bank’s commitment to supporting the cities and towns it serves, both financially and through associate volunteerism, is a fundamental aspect of its culture.
“Access to resources is a key factor in advancing inclusive prosperity,” Carroll said. “Regions Bank’s commitment to providing all of our neighbors with greater access to the tools and resources they need to learn, grow and prosper is what drew me to this role. I look forward to building on the foundation that has been established to reach more people, neighborhoods and small businesses and to advance economic growth throughout Northeast Texas.
Prior to joining Regions, Carroll held community lending and development roles at Bancorp South and Woodforest National Bank. His experience also includes community mortgage roles at Capital One and JP Morgan Chase.
Carroll earned a Bachelor of Science in Commerce from Texas A&M University in Commerce. She was a member of the LiftFund Houston Steering Committee and a member of the Chi Omega Advisory Board for the Texas A&M Commerce Chapter. Carroll also chaired the board of directors for Garland Area Habitat for Humanity.