July 8 (Reuters) - Citigroup ( C/PN ) plans to create 510
new jobs in Charlotte, Josh Stein, governor of North Carolina
said on Tuesday.
The bank will invest $16.1 million in an office facility in
Mecklenburg County, expanding its workforce in personal banking,
finance and marketing, the governor added.
Bloomberg News was the first to report Citigroup's ( C/PN ) expansion
in Charlotte.
Even as digital banking gains prominence, U.S. banks view
branch networks as essential tools for fostering and sustaining
client relationships.
"Charlotte stood out as a location where we had a unique
opportunity to invest by establishing a formal presence," said
Edward Skyler, Citi's head of enterprise services & public
affairs.
The average salary for the new positions is projected to be
$131,832, according to the official release.