MINNEAPOLIS--(BUSINESS WIRE)--Aug. 7, 2008--U.S. Bank has selected
the most recent recipients of the U.S. Bank Five Star Volunteer Award,
which honors employees for their exceptional volunteer service in the
community this year. To recognize the 136 outstanding volunteers
located in 25 states, U.S. Bank will contribute a total of $100,000 to
nonprofit organizations in their honor.
Recipients of the U.S. Bank Five Star Volunteer Award were chosen
based on criteria such as community impact and depth of volunteer
service. Nominations for the Five Star Volunteer Award were submitted
by employees, coworkers and the organizations where U.S. Bank
employees volunteer.
"Volunteerism plays a crucial role in the overall success of our
communities," said Deborah Burke, director of the U.S. Bancorp
Foundation. "U.S. Bancorp employees throughout the country donate
their time and talents to local organizations that are important to
them, and we're pleased to honor these 136 employees in particular who
have demonstrated some of the most noteworthy achievements through
their volunteer efforts."
In addition to the Five Star Volunteer Award, U.S. Bancorp also
encourages its employees to volunteer through its Five Star Volunteer
Day program. Introduced this year, Five Star Volunteer Day gives all
eligible U.S. Bancorp employees 8 hours of paid time off each year to
volunteer in their community at organizations such as nonprofit or
civic agencies and schools.
U.S. Bancorp (NYSE:USB) has a long-standing record of community
leadership in the key areas of affordable housing, economic
opportunity, arts and culture, education and community service. The
company received the highest rating possible from the Office of the
Comptroller of Currency in 2006, the most recent evaluation period,
for its commitment to the Community Reinvestment Act (CRA), meeting
the credit needs of all segments of the communities that U.S. Bancorp
serves.
U.S. Bancorp, with $247 billion in assets, is the parent company
of U.S. Bank, the 6th largest commercial bank in the United States.
The company operates 2,542 banking offices and 4,895 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
Jennifer Wendt, 612-303-0731
jennifer.wendt@usbank.com
SOURCE: U.S. Bank
