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Some First American National Bank employees will be offered jobs at a new 400,000-square-foot operations center that AmSouth Bank will build in Birmingham, Ala., where it's headquartered.
AmSouth Bancorporation finalized its purchase of First American Corp., based in Nashville, in October, but the operations of the two banks are in the process of being combined and First American still retains its name.
The center will bring 700 new jobs to Birmingham. Operations will move out of a building that was constructed in 1978. "We just need a bigger one," says Jim Underwood, a spokesman for AmSouth. The merger of the banks created greater operational demands, he adds.
The bank is not at the stage right now where...