Charles A. Collat, Sr.,
Chairman Emeritus, with
Nancy Collat Goedecke,
Chairman and CEO
Mayer Electric Supply
Birmingham, Alabama
In 1930 when it all began, Mayer Electric Supply was simply a small family business in Birmingham. But it kept growing — year after year for 84 years. The firm's expansion accelerated over the last three decades, shortly after Regions became Mayer's indispensible partner. Regions provides a multi-dimensional array of business and individual financial services to the company and its leaders.
The Mayer banking relationship exemplifies the strategy we call Regions360. It starts by identifying the full range of needs for every customer served. Regions360 deepens customer relationships by bringing diverse solutions and capabilities to each customer that are fully aligned with their unique needs.
That approach resonates with Mayer chairman and CEO Nancy Goedecke. "We treasure our partnerships, and I know they mean a lot to Regions. The trust and respect we have for Regions and they have for us is very special."
"In so many different ways, Regions has helped our family achieve a goal I otherwise would never have realized. They've provided a wonderful opportunity for us to grow and be a part of the community, and that is so gratifying."
Regions' Cory Guillory coordinates the relationship. Mayer chief financial officer David Morgan describes Cory as "an excellent relationship manager. Whether it is with credit, treasury management or any of our other needs, Cory serves as quarterback and opens the door to the people who can help us grow our business for the future."
The visionary leadership of Charles Collat, who is Nancy's father and now serves as chairman emeritus, began in the 1970s and was instrumental in building what has become an industry powerhouse. With annual sales totaling nearly $700 million, the company's more than 1,000 employees meet the electrical supply and service needs of customers across eight Southeastern states and Texas. But Mayer's impact doesn't stop there. Mr. Collat and his family are among Birmingham's most active philanthropists, including signature gifts to the University of Alabama — Birmingham. He notes, "Regions has helped our family achieve a goal I otherwise would never have realized. They've provided a wonderful opportunity for us to grow and be a part of the community, and that is so gratifying."