U.S. Bank plans to open a service center in Overland Park and hire 1,100 new workers.
Mark Jorgenson, regional president and CEO, said the new U.S. Bank Service Center will be one of the largest operated by the bank and has been in the works for more than two years.
"I can't think of a better time to make the announcement than over the holiday season," Jorgenson said. "It's a stimulus package of the best kind, being a private one. It's also a positive statement for U.S. Bank."
The bank hopes to begin operations this spring in the center at 12800 Foster St. About 130 U.S. Bank employees at an aviation credit card operation in Overland Park also are to be relocated to the new facility, bringing the total work force to about 1,300 people. It will take about four years before the center is fully staffed, bank officials said.
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The U.S. Bank decision is the second major jobs announcement this week for Overland Park.
On Tuesday, JPMorgan Retirement Plan Services revealed it plans to relocate an 800-employee office now in Kansas City to the Sprint Nextel campus in 2011. Combined, the metropolitan area's biggest suburb will gain almost 2,000 jobs.
Minneapolis-based U.S. Bank is the sixth-largest commercial bank in the United States with operations in 25 states.
Most of the jobs planned at the new center are in customer service and sales fields, with some key management positions. Salary details were unavailable, but all the jobs would be full-time positions and the total annual payroll was estimated at $50 million.