LOS ANGELES--(BUSINESS WIRE)--Mar. 1, 2016--
U.S. Bank has named veteran banker Rudy Medina as its Southern
California market president. Medina will lead the market in company-wide
efforts and activities, and will direct commercial banking in the
greater Southern California area.
“Southern California is an important market for U.S. Bank,” said Richard
Davis, chairman and chief executive officer of U.S. Bancorp. “We’re
pleased that Rudy has joined us to help expand our leadership role and
community presence in the area.”
Medina has over 35 years of banking and financial services experience in
California and joins U.S. Bank from Bank of America, where he most
recently served as chief operating officer, business banking division.
Previous to this he held the role of market president and senior vice
president, market executive, California Central Valley, directing all
middle market banking and serving as the senior executive in the market.
“Rudy’s had a strong history of success as a market and commercial
banking leader as well as in strategic operations and planning,” said
Elliot Jaffee, executive vice president and head of commercial banking
at U.S. Bank. “His breadth of experience will enable us to deliver even
more value to clients and the greater community.”
Medina currently serves as board member, Pacific Coast Banking School
and chairman emeritus of the Fresno Hispanic Chamber of Commerce.
Previously Medina served as chairman, Business Advisory Committee, Craig
School of Business at California State University Fresno and board
member, California Bankers Association. Medina has also shared his time
and expertise with Reading and Beyond and the Fresno Food Bank
Medina earned a bachelor’s degree in finance from University of the
Pacific and is a previous winner of the Kermit O’Hansen Award of
Excellence from the Pacific Coast Banking School. Medina and his wife,
Susan, and their two sons reside in the Los Angeles metropolitan area.
U.S. Bank employs more than 4,300 people in Southern California and has
over 400 branches in the market. In 2015, U.S. Bank made $5.3 million in
foundation grants and corporate contributions to nonprofit partners in
U.S. Bancorp (NYSE: USB), with $422 billion in assets as of December 31,
2015, is the parent company of U.S. Bank National Association, the fifth
largest commercial bank in the United States. The Company operates 3,133
banking offices in 25 states and 4,936 ATMs and provides a comprehensive
line of banking, investment, mortgage, and trust and payment services
products to consumers, businesses and institutions. Visit U.S. Bancorp
on the web at www.usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160301006438/en/
Source: U.S. Bancorp
U.S. Bancorp Corporate Communications
Patrick Swanson, 816-871-2394