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Regions Bank Ramping Up Business Loan Services In Jacksonville

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Regions Bank has been expanding its presence in Jacksonville over the past year, and now it’s taking another step forward.

The Alabama-based financial institution has opened a business loan center on Jacksonville’s Southside. The center, at the bank’s Deerwood Park office, will have a team of portfolio managers. They’ll work with business bankers throughout the company to streamline services like business-loan underwriting.

The bank set the center up there, it said, because of the pool of financial-services professionals in the workforce. 

According to Jacksonville Business Journal research, the business and finance sector employs the fifth largest number of people on the First Coast.

Timothy is editor in chief of the Jacksonville Business Journal.