ROSSVILLE, Ohio, Feb 5, 2003 (BUSINESS WIRE) -- Construction will begin later
this month on U.S. Bank's new office in Rossville, which will be located just
east of its existing building at 560 Main Street. Once completed, the current
branch will be torn down to make room for a new Walgreen's store at the corner
of Main and Eaton.
Rick Demmel, U.S. Bank regional president, said that the existing bank would
remain open and its drive thru and office hours will remain the same for
customers during the construction process, which will involve the removal of
three buildings later this week that are currently located next to the branch.
After the three parcels are cleared by the end of the month, construction of the
new branch will begin and should be complete by spring.
"Our customers will find that our new facility will more efficiently meet their
banking needs," said Demmel. The new, full-service U.S. Bank facility will
feature two attached drive-thru lanes as well as a lane for ATM and night
Demmel explained that once the new 2,500 square foot U.S. Bank branch is
completed, construction will then begin on a new 14,000 square foot Walgreens
store where the existing branch is today. "This is an exciting time for all as
we will be playing a part in the future development of our community. Our moving
will allow the building of another Fortune 500 company to our city that will
create new jobs." He added, "It re-affirms our commitment to this community that
we support others who also want to do business here."
U.S. Bank is a subsidiary of U.S. Bancorp (NYSE:USB). With assets in excess of
$180 billion, it is the 8th largest financial services holding company in the
United States. The company operates 2,142 banking offices and 4,604 ATMs, and
provides a comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers, businesses and
institutions. U.S. Bancorp is home of the Five Star Service Guarantee which
assures customers of certain key banking benefits and services or customers will
be paid for their inconvenience. U.S. Bancorp is the parent company of U.S.
Bank. Visit U.S. Bancorp on the web at usbank.com.
CONTACT: U.S. Bank
Rick Demmel, 513/867-5198
Lisa Clark, 608/877-7517
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SOURCE: U.S. Bank