PORTLAND, Ore., Aug 6, 2003 (BUSINESS WIRE) -- U.S. Bank has signed with
Pacific Northwest Title of Oregon, Inc. to provide financial services to the
Although the specific terms of the contract are not disclosed, Pacific Northwest
Title of Oregon is now one of the largest deposit customers of U.S. Bank in
Oregon. It also utilizes many treasury management services including information
reporting, account reconciliation, positive pay, ACH services and Check Image
Services. These services will allow them to send, approve and review hundreds of
wires via the Internet, automate their reconciliation process and reduce the
risk of fraud.
The mission of Pacific Northwest Title of Oregon is to provide the highest
quality title and escrow services available to the marketplace, while
maintaining a highly competitive and aggressive marketing effort and a skillful
eye towards profitability. The company provides full signing and escrow services
as well as title insurance and real estate information research primarily in
Clackamas, Multnomah or Washington County.
The main office of Pacific Northwest Title of Oregon is located in Tigard, Ore.,
with 11 local area branch offices under its control located throughout the
Portland metro area. The company was originated in 1972 and currently has more
than 150 employees. Pacific Northwest Title of Oregon is one of a number of
affiliated companies majority owned by Pacific Northwest Title Holding Co.,
based in Seattle. Visit Pacific Northwest Title of Oregon on the Web at
U.S. Bancorp (NYSE:USB), with assets of $195 billion, is the 8th largest
financial services holding company in the United States. The company operates
2,199 banking offices and 4,575 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
SOURCE: U.S. Bank
CONTACT: U.S. Bank
Teri Charest, 612-303-0732
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SOURCE: U.S. Bank