MINNEAPOLIS--(BUSINESS WIRE)--Nov. 10, 2014--
U.S. Bank kicked off its Veterans Day celebration with a $25,000
donation to Freedom Alliance, an educational and charitable organization
which sponsors numerous program activities aimed at supporting and
honoring America’s service members and their families. U.S. Bancorp
Chairman, President and Chief Executive Officer, Richard Davis,
announced the donation during the company’s annual Veterans Day
conference call on Wednesday, Nov. 5.
A home donation program – “Homes for Heroes” – is U.S. Bank’s program to
provide renovated and mortgage-free homes to wounded veterans and their
families. U.S. Bank partners with organizations including Freedom
Alliance and Five Brothers, a real estate management company that helps
renovate the homes. To date, U.S. Bank has donated six homes to wounded
veterans and their families, with an additional home donation slated for
later in November.
“One of the organizations we partner with for the Homes for Heroes
program is Freedom Alliance. We will continue this program in 2015 to
help make homeownership a reality for these wonderful patriots,” said
During the call, Davis was joined by guest speaker David D. Hamlar Jr.,
Assistant Adjutant General, Minnesota National Guard; Vice Chairman of
Wholesale Banking, Richard B. Payne, Jr.; and President of The Private
Client Reserve, Mike Ott, at the company’s headquarters in downtown
Minneapolis. An estimated 1,000 U.S. Bank employees – veterans and
non-veterans – joined the call.
“It’s an honor to have someone with the stature of General Hamlar speak
to our employees,” said Davis. “It was an honor to recognize him and all
members of the armed forces – past and present – who so valiantly serve
our country and protect our freedom.”
General Hamlar assists in the oversight and leadership of Minnesota Air
National Guard units and in deploying specific strategic themes relevant
to external audiences, with a primary strategic objective to maintain
two high-quality Air National Guard Wings assigned to the State of
Minnesota. General Hamlar’s stellar military career includes serving in
support of Operation Desert Shield, Desert Storm, Operation Enduring
Freedom, Operation Iraqi Freedom, and numerous military humanitarian
efforts around the world.
U.S. Bank's Proud to Serve program (www.proudtoserve.usbank.com),
now in its seventh year, supports military employees and their families.
Approximately 2,000 U.S. Bank employees are veterans, including
National Guard and Reserve members. Bankers in Boots, the company’s
veteran hiring campaign continues, as well as a variety of programs
across the company, including 25 volunteer events, hosted by the
company’s Development Network, that will take place through the
remainder of this year.
U.S. Bank has several recruiting and training programs specifically for
veterans, including the Military Leader Development Program. U.S. Bank
offers newly hired veterans extra paid time off to participate in
re-integration activities or attend to service-related medical issues.
Last year, U.S. Bank launched www.usbank.com/military,
a website with tools and information specifically for customers serving
in the military and their families. Likewise, U.S. Bank Military Service
Center (1-800-934-9555) is a dedicated customer service line for
military members and their families staffed with bankers familiar with
the Servicemembers Civil Relief Act.
U.S. Bank has been recognized for its hiring efforts and military
friendly culture. In 2013, U.S. Bank received the Secretary of Defense
Employer Support Freedom Award. Military Times magazine named the bank
to its “Best of Vets: Employers” list in 2014, the fifth year on the
list. In addition, G.I. Jobs magazine named U.S. Bank to its “Top
100-Military Friendly Employers” list for 2012 and 2013, and U.S.
Veterans Magazine named the bank to its list of “Top 100
Veteran-Friendly Companies” in 2012, 2013 and 2014.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $391 billion in assets
as of September 30, 2014, is the parent company of U.S. Bank National
Association, the 5th largest commercial bank in the United States. The
Company operates 3,177 banking offices in 25 states and 5,026 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 Corporate Communications
Amy Frantti, 612-303-0733