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U.S. Bank branch restructuring is underway with closures in Chicago area

Bank Innovation

Bancorp is closing 21 branches in the Chicago area as part of a restructuring plan to expand its physical footprint in some markets while shrinking its presence in others, bank spokesman Evan Lapiska confirmed.

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Uber Freight To Invest $200M To Set Up Shop In Chicago

PYMNTS

Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

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Chicago Developer Tries To Lure Amazon With Its Own Stadium

PYMNTS

Sterling Bay, a Chicago developer, is throwing in a sports and concert stadium into its proposal for Amazon’s second U.S. According to a news report in the Chicago Tribune , the developer’s Lincoln Yards project includes the ability for Amazon to have a stadium at its headquarters.

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Regions Bank exec to cover future of bank branches at Bank Customer Experience keynote

ATM Marketplace

The opening keynote for the Bank Customer Experience Summit, being held in Chicago from Aug. 31 to Sept. 1, will examine the future of bank branches.

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What's the future for bank branches?

ATM Marketplace

The future of bank branches will be interesting, according to Stephen K Griffin, SVP and director of the Retail Distribution Planning Group at Regions Bank. Griffin shared his insights in an opening keynote at the Bank Customer Experience Summit held in Chicago from Aug. 31 to Sept 1.

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CFPB to Open Southeast Regional Office in Atlanta

CFPB Monitor

On September 21, 2018, the CFPB announced that it will be relocating its southeast regional office from Washington, D.C. that will be surrendered after the southeast regional team is moved to Atlanta. The plan for a southeast regional office has been in the works since 2016. to Atlanta, Georgia in late 2019.

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Illinois SMBs Face Tighter COVID-19 Restrictions

PYMNTS

If various measures of COVID-19 risk hit certain levels in any of seven regions established by the state, certain restrictions kick in. On Thursday, Chicago issued a curfew requiring that many businesses — including dine-in restaurants — close from 10 p.m.

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