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Business

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.