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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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Retail Pulse: Google Mulls Chicago Flagship; Sam’s Club Repurposed For eCommerce

PYMNTS

The company is reportedly looking to bring a two-story flagship store to the Windy City, according to the Chicago Tribune. In the past, the Chicago Tribune noted that retail and technology experts had thought Google would build stores to create a place to highlight its electronics.

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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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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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