 In 2002, Bank of America moved into a nearby building, and Union Planters Bank moved into the building the following year.The name on the building was changed to "Union Planters", and later to "Regions" when Regions Bank merged with Union Planters in 2004.In 2005, when Hurricane Wilma hit Fort Lauderdale, One Financial Plaza (along with the rest of the city's skyline) suffered some damage, including a large gash that stretched from the 14th to the 19th floors.