Regions Bank announced Monday that it will build a 75,000-square-foot operations center in Hattiesburg at a cost of $23 million and add 90 jobs.
The facility will accommodate employees now working in three locations in downtown Hattiesburg, the bank said in a news release.
Birmingham-based Regions Financial Corp. is by far the largest bank operating in Mississippi, with $125 billion in assets as of Dec. 31. It has 1,700 locations in 16 states, including 137 branches in Mississippi.
Regions employs more than 320 in the Hattiesburg area. The new facility, to be built at the intersection of Lamar Boulevard and Lincoln Road in west Hattiesburg, will accommodate 420.
“I commend the Area Development Partnership, Regions and the city of Hattiesburg for the work they have put forth to ensure this expansion,” Fourth District U.S. Rep. Steve Palazzo said in the release.