MINNEAPOLIS--(BUSINESS WIRE)--Aug. 3, 2007--Thousands of U.S.
Bancorp (NYSE:USB) employees will volunteer time in their communities
on Saturday, Aug. 4 for Community Build Day 2007 to help them be
better places to live, play and work. To date, U.S. Bancorp employees
will participate with more than 170 build projects in 119 of its
communities in 30 states. The Financial Services Roundtable, a trade
association of 100 of the largest integrated financial services
companies in the United States, is sponsoring this nationwide event.
More than 307 total builds are taking place across the nation on
Community Build Day 2007.
"U.S. Bancorp is proud to participate with Community Build Day
2007 to help improve the quality of life in its communities," said
Richard Davis, president and chief executive officer of U.S. Bancorp,
the parent company of U.S. Bank. Davis is also national chairman of
Community Build Day 2007. "Most of our employees are participating
through their local U.S. Bancorp Employee Development Network, which
is designed to assist them in taking an active role in their career
and personal development. Employee volunteers will participate with a
variety of projects including book and school supply drives, Habitat
for Humanity builds, blood drives, food drives, Special Olympics and
Junior Achievement events, home repair and remodeling projects, as
well as runs and walks to raise money for local community
organizations."
Community Build Day embraces the good work that is already taking
place in cities across the country, and inspires new projects in new
places and with new participants and beneficiaries. The Roundtable
recognizes work throughout the month of August, with special events
recognizing the sixth annual Community Build Day on Saturday, Aug. 4,
2007. True to the spirit of building, companies and employees
volunteer to build their communities, socially or physically, through
a variety of activities from building projects to food drives to a
walking or running event for a good cause.
Last year, 46 companies participated in Community Build Day with
120 events in 50 states raising nearly $1 million for the nonprofit
partners of Community Build Day. Approximately 5,000 volunteers
participated in projects that made an impact on 2,000 families, 14,700
individuals and 25,000 school children. More than five million people
were made aware of the benefits of Community Build Day through news
media coverage. To learn more about Community Build Day and how
organizations may participate, visit www.fsround.org.
The Roundtable represents 100 of the largest integrated financial
services companies providing banking, insurance, and investment
products and services to the American consumer. Member companies
participate through the chief executive officer and other senior
executives nominated by the CEO. Roundtable member companies provide
fuel for America's economic engine, accounting directly for $50.5
trillion in managed assets, $1.1 trillion in revenue, and 2.4 million
jobs.
U.S. Bancorp, with assets of $223 billion, is the 6th largest
commercial bank in the United States. The company operates 2,499
banking offices and 4,867 ATMs, and provides a comprehensive line of
banking, brokerage, insurance, investment, mortgage, trust and payment
services products to consumers, businesses and institutions. U.S.
Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the
web at www.usbank.com.
CONTACT: U.S. Bancorp
Amy Frantti, Media Relations, 612-303-0733
SOURCE: U.S. Bancorp
