LOS ANGELES, Sep 25, 2003 (BUSINESS WIRE) -- Robert A. (Rob) Brown has joined
U.S. Bank as regional manager for U.S. Bank in-stores in California. He will
oversee a total of 118 U.S. Bank in-store locations, which includes more than
100 of the new U.S. Bank in-store locations that are opening in Safeway and Vons
grocery stores in the next two years.
Brown comes to U.S. Bank with a background of more than 25 years in banking and
investments, including a wealth of experience opening new in-store locations. He
is a general securities sales manager and principal, and has served as branch
manager, district manager and region manager with companies such as Charles
Schwab, The Vanguard Group, Bank of America and Wells Fargo. In the mid-90s
while with Bank of America, Brown led an initiative to open hundreds of
in-stores in California.
"We couldn't have found a more perfect fit for this position," said Chuck
Stroup, senior vice president of U.S. Bank In-Store Banking. "Rob has lived in
the Los Angeles area all of his adult life and brings to our team not only great
knowledge and experience in banking but an understanding of the markets in
California which he will lead."
On Sept. 2, U.S. Bank and Safeway Inc. announced a definitive agreement to open
163 new full-service U.S. Bank in-store branch locations during the next two
years in California, Arizona and Nevada stores. More than 100 of those locations
are in California. This in-store expansion and partnership venture is the
largest in U.S. Bancorp's 140-year history. U.S. Bank, the third-largest
in-store branch-banking network in the United States, will have a total of 446
in-store branches in 19 states once the Safeway/Vons expansion is completed.
(Vons is a division of Safeway Inc.)
A resident of the Los Angeles neighborhood of Westwood, Calif., Brown is based
in the newly-named U.S. Bank Tower in downtown Los Angeles. He will have six
district managers reporting to him, five of which will be hired over the next
U.S. Bancorp, 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 usbank.com.
SOURCE: U.S. Bank
CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732
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SOURCE: U.S. Bank