Mortgage Facility Expansion Planned in Owensboro

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U.S. Bancorp officials say they're  investing $15-million to expand their Owensboro offices and  add 332 jobs.

The facility currently employs 1900 people who handle a portion of the bank's 1.6 million home mortgage loans. Owensboro Mayor Ron Payne says U.S. Bank has been a large contributor to the city’s increase in revenue over the past decades. This is the facility's third expansion since the mortgage servicing center opened in the 1970’s.