U.S. Bank Expanding in Owensboro, Adding 332 New Jobs

U.S. Bank plans to expand its mortgage operations in Owensboro, adding a new facility and 332 jobs to its operations in Daviess County.

The bank’s investment, announced Friday afternoon, comes at a time of increased demand for mortgage services in the area, and represents a $15.2 million commitment. U.S. Bank is the fifth-largest bank in the country, and currently has 1,900 employees in Owensboro.

As part of the expansion, U.S. Bank has been given preliminary approval for $2.8 million dollars in tax incentives through the Kentucky Business Investment program.