CHICAGO--(BUSINESS WIRE)--Feb. 28, 2012--
U.S. Bank has named long-time Chicago bank executive Marsha Cruzan to
the position of market president for U.S. Bank in Chicago.
Cruzan comes to U.S. Bank from J.P. Morgan, where she had been since
1979. Most recently, she served as managing director for J.P. Morgan as
well as in the bank's Wealth Management group. Cruzan has worked in the
financial services industry for more than 30 years with experience in a
variety of banking roles including capital markets, syndications, wealth
management, commercial and investment banking, and cash management.
“Marsha has a tremendous track record of success as a leader in the
financial services industry and in the Chicago market,” said Kenneth
Ladd, executive vice president and head of commercial banking at U.S.
Bank. “Chicago is an important market for U.S. Bank, and one where we
have grown significantly in recent years. We welcome Marsha’s leadership
as we continue that growth and service to Chicago consumers and
Cruzan replaces Lynn Rosinsky, who has left U.S. Bank.
U.S. Bank has 81 branches and more than 1,670 employees in the Chicago
area across a variety of business lines including retail banking,
corporate trust, wealth management, commercial real estate and corporate
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $340 billion
in assets as of Dec. 31, 2011, is the parent company of U.S. Bank, the
fifth-largest commercial bank in the United States. The company operates
3,085 banking offices in 25 states and 5,053 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 and its employees are dedicated to
improving the communities they serve, for which the company earned the
2011 Spirit of America Award, the highest honor bestowed on a company by
United Way. Visit U.S. Bancorp on the web at www.usbank.com.
Source: U.S. Bank
U.S. Bank Public Relations
Nicole Garrison-Sprenger, 612-303- 0731