Regions Financial Corporation Bank Account Or Service Complaint

Regions Financial Corporation Bank account or service department,

(CD) Certificate of deposit Account opening, closing, or management Tennessee

Retired at - couple yrs ago. Yr ago rolled 401k to supposed conservative investment at - -. Lost $ - first month. Couple months later went to Regions Bank on - - - where had checking and savings. Told financial guy wanted to put $ - in FDIC insured IRA like I had at - -. He said he had large insured IRAs paid more with variable yrs from 2 to 7 yrs up to 2.75 % only guarenteed .45 %. I asked him and branch manager sure they were FDIC insured and they said they were. They had stack of papers to sign on disclosure stuff. Split $ - into 2yr, 3 yr, 4 yr, 5 yr IRAs. Several weeks later got large package in mail of documents and states all over them not insured. Went to bank and manager pulled up my account and he said my account is through there bank and insured for $ - I put in bank. Looked through the original papers and found sheet they had hid in disclosure statements paper stating nothing insured. These guys lie and steal from seniors.