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U.S. Bank to Celebrate Unique Small Businesses with $5,000 Giveaways

The bank is partnering with radio stations across the country to showcase small business

MINNEAPOLIS--(BUSINESS WIRE)--Aug. 6, 2012-- U.S. Bank is inviting small business owners in 12 cities across the country to share why their business is unique for a chance to win $5,000 in radio advertising for their business and $5,000 for a charity of their choice.

The contest runs through Sunday, August 19, in Boise, Cincinnati, Denver, Kansas City, Los Angeles, Milwaukee, Minneapolis-St. Paul, Omaha, Portland, Sacramento, Seattle and St. Louis.

In addition to the grand prize of radio advertising for their business and a charity of their choice, small business owners are eligible to win a monthly prize: lunch for their office, catered by popular local restaurants.

“Although small business owners have been concerned about the economy, the silver lining is that tough times have inspired tremendous innovation and creativity,” said Rick Hartnack, vice chairman of consumer and small business banking at U.S. Bank. “This contest is a great way for U.S. Bank to support small business, in addition to our commitment to community involvement and our suite of specialized small business banking products.”

Small business lending at U.S. Bank is up 3.8 percent as of the second quarter of 2012 compared with the same period last year across the bank’s 25-state footprint.

In the 2012 U.S. Bank Small Business Survey, conducted between March and April 2012 in the 25 states where U.S. Bank provides small business banking services, most small business owners said that they still thought the economy was in a recession, many said their business was doing well. Overall, 69 percent of respondents said the financial health of their business was “good,” “very good” or “excellent,” up from 64 percent in 2011.

Small businesses interested in the contest can apply through the following radio stations:

Boise: KBOI-AM (670)
Cincinnati: WLW-AM (700), WEBN-FM (102.7), WCKY-AM (1530) & WSAI-AM (1360)
Denver: KQMT-FM (99.5) & KOSI-FM (101.1)
Kansas City: KCMO-AM (710)
Southern California: KOLA-FM (99.9) & KCAL-FM (96.7)
Milwaukee: WLWK-FM (94.5) & WTMJ-AM (1620)
Minneapolis-St. Paul: KQRS-FM (92.5), KXXR-FM (93.7) & WGVX-FM (105.7)
Omaha: KGOR-FM (92.3) & KFAB-AM (1110)
Portland: KINK-FM (101.9)
Sacramento: KNCI-FM (96.1), KYMX-FM (105.1) & KHTK-AM (1140)
Seattle: KZOK-FM (102.5)
St. Louis: WARH-FM (106.5) & WIL-FM (92.3)

U.S. Bank introduced a website for small business owners in 2012 called “Connect” (usbankconnect.com). The website offers tools and insights for small business owners who are at any of the business life cycle from start up to retirement. It is the latest small business innovation from U.S. Bank, which is one of the top small business banks in the nation. U.S. Bank continued to lend to small businesses throughout the recession. In 2011, U.S. Bank set a new company record for Small Business Administration (SBA) loan approvals with a total of $630 million. The previous U.S. Bank record, set in 2008, was $504 million.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $353 billion in assets as of June 30, 2012, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,080 banking offices in 25 states and 5,085 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

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