SEATTLE--(BUSINESS WIRE)--Sep. 10, 2012--
University of Washington students, faculty and staff no longer have to
leave the University of Washington’s campus to find a full service bank.
That’s because U.S. Bank will open a new branch at newly renovated
University of Washington Husky Union Building, known as the HUB.
U.S. Bank has had a relationship with the University of Washington for
more than 30 years. The former U.S. Bank branch at the University of
Washington closed in May 2010 to make way for a $121 million renovation
of the Husky Union Building. The branch will open in conjunction with
the opening of the HUB on Monday, Sept. 10, returning full service
banking to the more than 42,000 students, faculty and staff on campus.
"We are excited to continue our 30-year partnership with the University
of Washington by bringing a full service U.S. Bank branch to the center
of the University of Washington’s campus," said Dan Hoke, senior vice
president and head of on-site banking for U.S. Bank. "The new location
will be an added convenience for so many of our customers who are coming
to Campus every day. We look forward to serving students, faculty, and
staff, as well as all of the businesses located at the HUB that can take
care of all of their banking needs without leaving campus."
U.S. Bank is located on the main level of the HUB in Room #105. Hours of
operation are Monday through Friday from 9 a.m. to 5 p.m. There are 6
U.S. Bank ATMs located throughout the University of Washington campus.
Ashley Ridinger will manage the new location. Ridinger started with U.S.
Bank five years ago as a banker at the Central Washington University
On-site banking is a significant component of U.S. Bank’s branch growth
strategy. Last month, U.S. Bank opened a branch at Sea-Tac Airport. In
addition to universities and airports, U.S. Bank has offices in grocery
stories, hospitals and on major corporate campuses. U.S. Bank has 29
other university campus branches throughout the United States. In
Washington, U.S. Bank has offices at the University of Washington
Bookstore in Seattle, Seattle Pacific University, Washington State
University in Pullman, Gonzaga University and Central Washington
With a legacy dating back to the founding Peoples National Bank of
Washington in 1889, U.S. Bank now has 90 branches and 1,388 employees in
Seattle, with 183 branches and 2,422 employees across the State of
Washington. Strong and stable throughout the recession, U.S. Bank nearly
doubled its small business lending in the market from the beginning of
2008 through the first quarter of 2012. In 2011, small business lending
grew 19 percent, and in May 2012 U.S. Bank reached a milestone $1
billion in outstanding balances with small business customers.
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
Source: U.S. Bank
U.S. Bank Media Relations
Teri Charest, 612-303-0732