MINNEAPOLIS--(BUSINESS WIRE)--May. 9, 2013--
Military Times magazine has named U.S. Bank as a “Best for Vets”
employer, the fourth consecutive year the company has been recognized.
The bank employs more than 2,000 veterans nationwide, hiring nearly 600
in 2012 alone.
“U.S. Bank is firmly committed to employing and supporting veterans,
active-duty service members and their families,” said Richard Davis,
chairman, president and chief executive officer of U.S. Bancorp, parent
company of U.S. Bank. “We are proud of the leadership roles that
veterans hold in our organization, and we are actively developing
programs to continue to give back to those who protect our freedoms.”
U.S. Bank was one of only 53 companies nationwide named “Best for Vets.”
U.S. Bank ranked 25th on the list in 2013, up 14 spots from
2012. The survey includes recruiting practices, policies related to
veterans, reservists and their families, and how overall corporate
culture supports veterans.
Military Times also took into account whether companies
have received recognition from the U.S. Department of Defense Employer
Support of the Guard and Reserve (ESGR) organization. Last month the
Office of the Secretary of Defense and the Minnesota Committee for ESGR
selected U.S. Bank as one of three Minnesota employers to receive the
prestigious Pro Patria Award for its support of the Guard and Reserve.
The annual ESGR awards ceremony will be held May 20.
U.S. Bank honors and supports members of the U.S. military through its
Proud to Serve program. Now in its fifth year, the program focuses on
hiring and supporting veterans, employees who are veterans and their
families. In addition to the nearly 600 veterans hired in 2012, U.S.
Bank is committed to hiring hundreds more in 2013.
The company enhanced its HR policies for veterans last year, including
offering employees up to two weeks paid leave to cover time they would
otherwise take off unpaid, per state or federal law, in connection with
a family member's military service. Depending on state laws, the time
can be taken not only with the deployment of a child, parent or spouse,
but may be available to extended family as well.
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $355 billion
in assets as of March 31, 2013, is the parent company of U.S. Bank
National Association, the 5th largest commercial bank in the United
States. Celebrating its 150th anniversary this year, the Company
operates 3,080 banking offices in 25 states and 5,056 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. Bank
Amy Frantti, 612-303-0733