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U.S. Bank Receives 2012 Stanley O. McNaughton Leadership Award

SEATTLE--(BUSINESS WIRE)--Apr. 15, 2013-- The Independent Colleges of Washington (ICW) presented the 2012 Stanley O. McNaughton Leadership Award to U.S. Bank last week at Saint Martin’s University. Accepting the award was U.S. Bank’s newly-appointed market president for Washington and third-term ICW board member, Chris Heman.

“We are honored to receive this esteemed recognition from Independent Colleges of Washington,” said Heman. “For more than three decades, U.S. Bank has helped Washington’s college students succeed by supporting ICW through corporate giving and board leadership.”

U.S. Bank began contributing to ICW in 1979 with a gift of $5,000 and continues to support independent higher education in Washington by providing generous named scholarships at all 10 ICW member colleges and universities each year. U.S. Bank was one of the first contributors to the new Matched College Savings Program (MCSP), launched in 2012. Students across Washington have benefitted from U.S. Bank’s gifts, which total over $1.8 million.

The award is named after longtime community and civic leader Stanley O. McNaughton, one of initial sparks creating ICW. It recognizes companies, foundations, legislators and other leaders for demonstrating passionate commitment to Washington’s independent colleges and universities and their students.

“With a stellar reputation for serving the community with the highest level of integrity and commitment, U.S. Bank is recognized as one of the safest, most respected and most trusted banking companies in the world,” said Violet A. Boyer, President and CEO of ICW.

The ICW Board of Directors chose U.S. Bank for the McNaughton Leadership Award last November and presented it at the spring meeting of the board. Senator Steve Conway was awarded in 2011 and The Anderson Foundation in 2010.

About Independent Colleges of Washington

Independent Colleges of Washington is an association of private, nonprofit liberal arts colleges in Washington. Our 10 member colleges and universities share a commitment to providing opportunity, choice, and success for students. Together we accomplish this by making resources available to students, advocating for public policy that supports students, building strategic collaborations, and telling the compelling story of high-quality, academically rigorous independent higher education.

About U.S. Bank

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 usbank.com.

Source: U.S. Bancorp

Teri Charest, U.S. Bank
(612) 303-0732, teri.charest@usbank.com

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