MINNEAPOLIS--(BUSINESS WIRE)--May. 28, 2013--
U.S. Bank has named Phillip Trier market president for the Twin Cities,
effective June 1. A 13-year veteran of the bank, Trier succeeds Elliot
Jaffee, who was promoted to lead U.S. Bank Commercial Banking earlier
this year and oversees all of the U.S. Bank’s metro markets.
A native of Minnesota, Trier joined U.S. Bank in 2000 as a portfolio
manager. He is currently a senior vice president at the bank, leading
the Twin Cities Commercial Banking division, which serves more than 500
private, public, non-profit and multi-national businesses across the
“The Twin Cities is U.S. Bank’s hometown and it’s critical that we have
strong, visible leaders here,” said Richard Davis, chairman, president
and CEO of U.S. Bank. “Phil is an enthusiastic and talented banker, one
who is incredibly plugged in to our local community, and I look forward
to him taking on this very important role.”
As market president, Trier duties will include overseeing the bank’s
local advisory board, which is comprised of local business and civic
leaders, as well as the Twin Cities Market Leadership Committee.
“Phil has been a key contributor to the bank’s success locally,” said
Jaffee, who has served as Twin Cities market president since 2006. “His
strong ties here and solid track record as a commercial banker make him
well suited for the Twin Cities market president role.”
Trier is involved with numerous nonprofits and charitable organizations.
He serves on the boards of directors of the Minneapolis Regional Chamber
of Commerce and the Plymouth Civic League. He is also active with
Special Olympics Minnesota, AchieveMinneapolis, Greater Twin Cities
United Way, Junior Achievement and Twin Cities Habitat for Humanity.
Trier holds a Bachelor of Arts degree in Economics from St. John’s
University in Collegeville, MN and is a graduate of the Pacific Coast
Banking School at the University of Washington in Seattle, where he
graduated with honors. Trier, his wife, Patty, and their three children
reside in Plymouth.
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, 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. The bank 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 www.usbank.com.
Source: U.S. Bank
Nicole Garrison-Sprenger, 612-303-0731