Regions Bank v. Rice
Supreme Court of Alabama
1Opinion of the Court
BRYAN, Justice.
Regions Bank (“Regions”) appeals from an order of the Madison Circuit Court denying its motion to compel arbitration. We reverse and remand.
In October 2011, Mary N. Rice opened both a savings account and a checking account with Regions. Rice opened each account by signing a one-page signature card indicating that she was agreeing to certain terms. Among other things, the signature cards provide: “By signing below, I ... (a) agree to be bound by the terms of [Regions’] Deposit Agreement ... [and] (b) acknowledge receipt of a copy of the applicable Deposit Agreement.” The deposit…
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