MINNEAPOLIS & CHICAGO--(BUSINESS WIRE)--Feb. 14, 2008--U.S. Bank
Recreation Finance has signed an agreement with FreedomRoads/Camping
World to become one of the preferred retail lenders for
FreedomRoads/Camping World dealers and customers. FreedomRoads/Camping
World is the largest RV and outdoor retailer in the world with more
than 100 locations in 23 states. They have over $425 million in new
and used RV inventory representing over 40 brand names.
The FreedomRoads/Camping World decision to select U.S. Bank
Recreation Finance as one of its preferred lenders was based on a
number of factors including U.S. Bank's national presence, service and
competitive pricing. Additionally, U.S. Bank is part of
FreedomRoads/Camping World wholesale syndication.
U.S. Bank representative Steve Bernaski will manage relationships
with FreedomRoads/Camping World dealers in all states in the eastern
United States, and Sean Torrence will manage relationships in the
western United States.
"We're excited to partner with FreedomRoads/Camping World in
providing high quality financial service to their dealers and
customers," said Jeff Smith, director of sales and marketing for U.S.
Bank Recreation Finance. "We look forward to a long-term relationship
that benefits everyone involved."
FreedomRoads/Camping World is America's largest RV and outdoor
retailer serving a brisk and growing demand for the RV lifestyle.
After having successfully co-located for several years at selected
locations, FreedomRoads, a dynamic national network of
well-established local and regional RV dealerships and Camping World,
America's largest direct marketer and specialty retailer of RV and
outdoor camping accessories, service and RV sales, joined together to
provide consumers with greater choice, convenience and value. Today,
with revenues exceeding $1.7 billion, the company serves RV
enthusiasts with more than 100 retail locations.
In addition to the sale, finance and service of recreational
vehicles and specialty retail, FreedomRoads/Camping World also
provides expanded products and services to enhance and protect the RV
lifestyle. This includes: the President's Club customer loyalty
program; in-store Performance Centers featuring RV and Car Insurance
and Roadside Assistance Service; Camping World RV Institute technical
certification/training program; Goodwill Ambassador Program; and the
new campground discount program, Camp Club USA. For more information,
visit FreedomRoads/Camping World online at www.FreedomRoads.com or
U.S. Bancorp (NYSE:USB), with $238 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States. The company operates 2,518 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. Visit U.S. Bancorp on the
web at www.usbank.com.
CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732
SOURCE: U.S. Bank