MINNEAPOLIS, Mar 24, 2003 (BUSINESS WIRE) -- Kennedy Wilson Inc. (KWI) has
selected U.S. Bank Retirement Solutions to assist the company with its 401(k)
retirement plan for its employees. Founded in 1977, Kennedy Wilson, Inc.
(Nasdaq:KWIC) is an international real estate services and fund management firm
headquartered in Beverly Hills, Calif., with 20 offices throughout the United
States and Japan.
Retirement Solution is a fully bundled 401(k) retirement plan product that
offers flexibility and customization, funds for every style of investor, and
technological advancements while easing the administrative burden.
"We chose U.S. Bank because they understand the needs of the company and our
employees," said Jim Rosten, president of KWI. "U.S. Bank Retirement Solutions
is affordable as well, and the customer service has been excellent."
"We are delighted to provide KWI's retirement plan and to do business with
them," said Diane Thormodsgard, president of U.S. Bank Institutional Trust &
Custody. "U.S. Bank will deliver the best service possible, backed by our Five
Star Service Guarantee."
Kennedy Wilson offers a comprehensive array of real estate services including
brokerage, investment sales, asset management, property management, construction
management, engineering management, development, and acquisition. For more
information about KWI, see the company's web site at www.kennedywilson.com.
U.S. Bank Institutional Trust & Custody is a division of U.S. Bank N.A. that
focuses on retirement, investment and custody services to institutional clients.
Its product offerings include retirement plans (401(k), profit sharing or money
purchase pension plans), institutional custody and master trust services.
U.S. Bancorp (NYSE:USB), with assets in excess of $180 billion, 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
CONTACT: U.S. Bank Media Relations
Amy Frantti, 612/303-0733
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SOURCE: U.S. Bank