SAN DIEGO, Sep 16, 2010 (BUSINESS WIRE) --
U.S. Bank has named Julie Huston to lead its Small Business
Administration (SBA) lending as president of U.S. Bank SBA Division. She
is based in San Diego, where the company's SBA Division is headquartered.
Through its SBA Division, U.S. Bank is a national leader in SBA lending
to businesses across America. Huston, who has 24 years of commercial and
SBA lending experience, will oversee employees at the division
headquarters in San Diego and the specially-designated SBA sales
business centers nationwide.
Prior to joining U.S. Bank, she was chief operating officer of
CapitalSource/MainStreet Lender, located in Denver. Prior to that, she
was a senior vice president and sales manager for GE Commercial
Finance's franchise finance operations in Scottsdale, Ariz. She also
held senior management positions with Textron Financial Corp. and AT&T
Capital Corporation/Newcourt Financial/CIT. A Montana native, Huston
earned a bachelor's degree from the University of Montana, Missoula.
"SBA lending is a strategically important component of U.S. Bank's
commitment to small business and we are committed to significantly grow
SBA Division under Julie's leadership," said Elliot Jaffee, executive
vice president at U.S. Bank, to whom Huston will report. "Julie has
demonstrated critical leadership attributes and achieved great success
throughout her career. We are very pleased that she is now part of the
U.S. Bank team, leading our SBA business."
Small business has long been a focus for U.S. Bank. The company was
recognized by the City Business Journals Network
SMB Insights 2010 Brand Survey as the number one bank according to
small business owners. As of June 2010, U.S. Bank lending to small
businesses was more than $13 billion. U.S. Bank is consistently a top
Small Business Administration (SBA) lender, ranking in the top three in
12 of the SBA districts it serves and in the top five in 18 districts.
SBA Express, Community Express and Patriot Express products help
companies with less than six months in business. The company continues
to innovate for small business owners, recently introducing ScoreBoard,
an online tool for monitoring and analyzing credit card spending, remote
deposit capture to make daily deposits easier and FlexPerks suite of
card rewards to small business. U.S. Bank measures the pulse of small
businesses through the U.S.
Bank Small Business Annual Survey, most recently released in July
U.S. Bancorp (NYSE: USB), with $283 billion in assets as of June 30,
2010, is the parent company of U.S. Bank, the fifth largest commercial
bank in the United States. The company operates 3,002 banking offices in
24 states and 5,309 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 usbank.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6432794&lang=en
SOURCE: U.S. Bank
Teri Charest, U.S. Bank Media Relations, 612-303-0732
Brian Butler, U.S. Bank SBA Division, 858-536-4545 x204