Bank Pledges $250,000 a Year, Enables Customers to Donate at
MINNEAPOLIS--(BUSINESS WIRE)--Mar. 4, 2013--
U.S. Bank and American Red Cross today announced a new partnership that
will provide disaster preparedness funding, opportunities for customer
contributions, and increased employee volunteer opportunities.
The partnership includes a number of important components, including:
An annual commitment of $250,000 from U.S. Bank that will help the Red
Cross prepare for vital disaster services.
The opportunity for customers in local markets to contribute at
designated U.S. Bank ATMs when disaster strikes their community or
In connection with National American Red Cross month in March, U.S.
Bank will kick off Employee Awareness and Preparedness Fairs for the
bank’s 65,000 employees across the nation. Fairs will take place
throughout the year.
In addition, U.S. Bank will work closely with the Red Cross throughout
the year to provide opportunities for employees to donate blood and
volunteer time to the charity.
“This exciting new partnership extends U.S. Bank support of American Red
Cross disaster relief efforts to new levels,” said Richard Davis,
chairman, president and chief executive officer of U.S. Bancorp, the
parent company of U.S. Bank. “Over the years, U.S. Bank has supported
the Red Cross through disaster relief grants. Our new commitment of
$250,000 annually along with our ATM initiative will ensure that our
customers and employees can more readily support the cities and towns
affected by disasters.”
“The Red Cross is thrilled to be expanding our partnership with U.S.
Bank,” said Neal Litvack, chief development officer for the American Red
Cross. “The generosity of U.S. Bank and its employees and customers will
help the Red Cross provide immediate, essential assistance to disaster
victims, and so many others who depend on the Red Cross for help.”
About American Red Cross
The American Red Cross shelters,
feeds and provides emotional support to victims of disasters; supplies
about 40 percent of the nation's blood; teaches skills that save lives;
provides international humanitarian aid; and supports military members
and their families. The Red Cross is a not-for-profit organization that
depends on volunteers and the generosity of the American public to
perform its mission. For more information, please visit www.redcross.org
or join our blog at http://blog.redcross.org.
To access stories about American Red Cross, visit Stories: http://www.redcross.org/stories/.
For more information about Red Cross's Disaster Relief services: http://www.redcross.org/what-we-do/disaster-relief.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $354 billion in assets as of December 31, 2012, is the parent
company of U.S. Bank, the 5th largest commercial bank in the United
States. The Company operates 3,084 banking offices in 25 states and
5,065 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 http://www.usbank.com.
Source: U.S. Bancorp
Amy Frantti, Public Relations