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U.S. Bank and Freedom Alliance Donate Home to Wounded Soldier and His Family in Ventura, Calif.

VENTURA, Calif.--(BUSINESS WIRE)--Jul. 30, 2013-- U.S. Bank has donated a home in Ventura, Calif. to Freedom Alliance, an organization dedicated to supporting returning veterans, that will be given to a soldier and his family on Wednesday, July 31 at 11 a.m. PT. Employees from U.S. Bank and Freedom Alliance will present the keys to the new home at 6587 Crowley Avenue in Ventura.

The veteran receiving the home is Ross Adcock, who was an automated logistical specialist, serving in the United States Army from 2005 to 2009. While deployed to Operation Enduring Freedom in Afghanistan, Adcock was hit by an improvised explosive device that left stress fractures in his knees and back, post traumatic stress and traumatic brain injury. He is the recipient of the Army Commendation Medal, National Defense Service Medal, Afghanistan Campaign Medal with two Campaign Stars and several other awards and decorations.

Adcock grew up in California but currently lives in Fountain, Colo. with his fiancée, Laura, and her 6-year old daughter, Jaylynn. The family plans to move to their new home in August after Adcock finishes some business courses he is currently taking. He is eager to return to California to begin his post-military life.

It was through an event for wounded soldiers in Florida that he made a connection with Freedom Alliance, who told him about a home that may be available in Ventura. He completed an application and soon learned he would soon be returning to a home not far from where he lived when he enlisted.

“It’s amazing,” Adcock said. “It’s exciting, and a little bit overwhelming at the same time. You never think that something of this capacity could ever happen to you. I’ve heard of other soldiers who had this happen and thought it was a great opportunity. Now it’s happening to me and – wow. It’s amazing.”

The home donation stemmed from a partnership between U.S. Bank, Freedom Alliance and Five Brothers, a real estate management company that helped renovate the home. The individuals who will welcome Adcock and his family to their new home and present them with the keys are:

  • Darrell Brown, senior vice president for U.S. Bank in Los Angeles,
  • Brian Butler, U.S. Bank's Military Program Manager;
  • Rachel Goodlander, project manager in U.S. Bank’s real estate owned group,
  • Thomas Kilgannon, president of Freedom Alliance, and
  • Joe Badalamenti, chief executive officer of Five Brothers.

“U.S. Bank is a proud supporter of military veterans and their families through our Proud to Serve program,” Brown said. “We employ more than 2,000 current and former members of the U.S. military, and have been recognized nationally as a top employer for veterans. This is our second home donation this year, and we hope to continue to offer this opportunity to returning heroes in the future.”

U.S. Bank honors and supports the men and women of the U.S. Military through its Proud to Serve program. In addition to partnering with numerous military service organizations such as Freedom Alliance, the Proud to Serve program also focuses on hiring and U.S. Bank will hire more than 1,000 veterans nationwide during 2012-2013.

The home will be donated to the Adcock family through a partnership of Freedom Alliance and its Homes to Homeowners program. “The Heroes to Homeowners Project exists to provide brave men and women with the very best home possible in order for them to live comfortably. A new home has the potential to ease the transition into civilian,” Kilgannon said.

About Freedom Alliance
Freedom Alliance is recognized by the Internal Revenue Service (IRS) as a public charity organized under Section 501(c)(3) of the IRS Code. The mission of Freedom Alliance is to advance the American heritage of freedom by honoring and encouraging military service, defending the sovereignty of the United States and promoting a strong national defense. Visit www.FreedomAlliance.org.

About Five Brothers
Founded in 1967, Five Brothers provides innovative, regulatory-compliant default management solutions that save time, eliminate errors and increase efficiency for commercial and residential mortgage servicers nationwide. Proven on-the-ground field services, experience-based partnering, advanced technology and knowledgeable customer and field service professionals, empower our clients to maximize asset preservation while reducing costs, streamlining operations and optimizing borrower relationships. Visit them at www.fivebrms.com.

About U.S. Bank
Celebrating its 150th birthday in 2013, U.S. Bank has grown tremendously in California over the past five years, nearly doubling in size in both branch presence and the number of Californians it employs. U.S. Bank has 225 branches and more than 2,700 employees in the Los Angeles area alone. U.S. Bank is a proud community partner, with its employees spending nearly 3,000 hours volunteering with local organizations. Statewide, U.S. Bank provided nearly $10 million in contributions to the community.

U.S. Bancorp (NYSE: USB), with $353 billion in assets as of June 30, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The company operates 3,087 banking offices in 25 states and 5,032 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 www.usbank.com.

Source: U.S. Bank

U.S. Bank
Teri Charest, 612-303-0732
teri.charest@usbank.com
or
Freedom Alliance
Brian Butler, 813-961-4700
brian@consultvistra.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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