SAN DIEGO--(BUSINESS WIRE)--Nov. 21, 2007--U.S. Bank (NYSE:USB)
has named Erik W. Daniels executive vice president and national sales
manager for its SBA Division. In his newly created position, Daniels
will manage SBA Division's sales and marketing activities across a
24-state footprint. The SBA Division is headquartered in San Diego and
operates three regional sales offices located in Louisville, Ky.,
Denver and Sacramento.
During the U.S. Small Business Administration's recently ended
fiscal year 2007, U.S. Bank provided $486.4 million in SBA-guaranteed
loans to 5,353 small businesses, according to SBA information.
A native of Los Angeles, Daniels has more than 16 years of small
business lending experience. Prior to joining U.S. Bank, he was senior
vice president and western regional sales manager for Business Loan
Express in Alhambra, Calif. He has also served as vice president and
SBA division manager for the California Region of Banco Popular North
America in Commerce, Calif.
"We are very pleased to add Erik Daniels to our SBA team," said
Mike Rizzo, U.S. Bank executive vice president. "He has extensive SBA
and small business lending experience and I anticipate that Erik will
be immediately effective in leading our SBA sales professionals as
well as working with our referral sources both within U.S. Bank and
Daniels is a member of the National Association of Government
Guaranteed Lenders (NAGGL). He earned a Bachelor of Science degree in
Business Administration from California Polytechnic University,
Pomona. He resides in the Los Angeles area.
U.S. Bancorp, with $228 billion in assets, is the parent company
of U.S. Bank, the 6th largest commercial bank in the United States.
The company operates 2,512 banking offices and 4,870 ATMs, and
provides a comprehensive line of banking, brokerage, insurance,
investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the web
Note to Editors: A photo is available upon request to Teri Charest
at 612-303-0732 or firstname.lastname@example.org.
CONTACT: U.S. Bancorp
Teri Charest, Media Relations, 612-303-0732
SOURCE: U.S. Bancorp