MINNEAPOLIS, Nov 6, 2003 (BUSINESS WIRE) -- Since 9/11, many members of the
National Guard and Reserve Forces have been called to active duty, and the need
to provide assistance for their families is greater than ever. In response, the
PowerTrack(R) group from U.S. Bank Corporate Payment Systems, is proud to
announce that it will join forces with the Sponsor-a-Family program, which is
dedicated to easing the burden on military families throughout Minnesota by
donating 100 percent of all contributions received to military families,
regardless of political or religious affiliations.
The Sponsor-a-Family program offers military families assistance in numerous
ways, which includes providing help with home repairs, gift certificates to
purchase food and other household items, clothing and even a "wish list" for
children who might otherwise not receive gifts this holiday season.
"At U.S. Bank we take our community involvement seriously, and we want to do our
share in this time of need," said Richard Langer, senior vice president and
general manager of PowerTrack. "As a citizen-soldier myself, I understand how
important this program is to military families, and this is our opportunity to
say thank you for the sacrifices they are making on behalf of us all."
When the men and women of the armed forces are called to action, they not only
protect our country, they also severely disrupt their lives. They are forced to
leave family, friends and jobs and many suffer both financial and family
hardships. It is estimated that more than 7,000 Minnesotans are currently
serving overseas, and some 10 percent of those qualify for assistance because
their income has dropped below poverty levels.
If you would like to provide assistance or learn more about the Sponsor-a-Family
program, please call (612) 664-8595 in Minneapolis, (800) 285-3014 in St. Paul
or go online to governor.state.mn.us/flmain1.asp and read about Minnesota's
Military Family Care Initiative.
PowerTrack is a patented, electronic, business-to-business payment platform from
U.S. Bank Corporate Payment Systems, a division of U.S. Bancorp (NYSE:USB). With
assets in excess of $189 billion, U.S. Bancorp is the 8th largest financial
services holding company in the United States. The company operates 2,201
banking offices and 4,506 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. Visit U.S. Bancorp
on the web at usbank.com.
SOURCE: U.S. Bank
CONTACT: U.S. Bank
Dan Endy, 612-973-6901 (Corporate Payment Systems)
Karen Greenwood, 612-303-0731 (Media Relations)
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Copyright (C) 2003 Business Wire. All rights reserved.
SOURCE: U.S. Bank