LAS VEGAS, Nov 10, 2003 (BUSINESS WIRE) -- U.S. Bank will open the first round
of the 163 branches planned for Safeway and Vons stores in Nevada, California
and Arizona with seven opening in Vons stores on Nov. 10 in Las Vegas and
The Safeway/Vons expansion is the largest ever for U.S. Bank in-stores, which
ranks as the third-largest in-store banking network in the country. The
expansion is a source of great excitement for both U.S. Bank and Safeway, Inc.
"U.S. Bank has a long history in Nevada and has recently targeted the region for
even greater growth, namely through our partnership with Safeway, Inc.," said
Henry Hall, district manager for U.S. Bank in-stores in Nevada. "Our in-store
branches are one of the crown jewels for U.S. Bank and we're proud to offer
customers full-service banking that they would receive at any traditional branch
location, along with convenient hours, convenient locations and Five Star
The other 21 locations opening in this first round are located in northern and
southern California and Phoenix. The total 163 locations will open gradually
over the next two years. U.S. Bank will have a total of 446 in-store branches in
19 states once the Safeway/Vons expansion is completed.
The seven Nevada locations opening are:
-- Stephanie Street Vons, 625 Stephanie Street, Henderson;
-- Anthem Village Drive Vons, 2511 Anthem Village Drive,
-- South Rampart Vons, 820 South Rampart Boulevard, Las Vegas;
-- West Desert Inn Road Vons, 8450 West Desert Inn Road, Las
-- East Twain Avenue Vons, 1155 East Twain, Las Vegas;
-- Buffalo & Centennial Vons, 6450 Sky Pointe Drive, Las Vegas;
-- West Cheyenne Vons, 6000 West Cheyenne, Las Vegas.
Safeway Inc. (NYSE:SWY) is a Fortune 50 company and one of the largest food and
drug retailers in North America based on sales. The company operates 1,702
stores in the United States and Canada and had annual sales from continuing
operations of $32.4 billion in 2002.
U.S. Bancorp (NYSE:USB), with $189 billion in assets, 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 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
Steve Dale, 612-303-0784
Brian Dowling, 925-467-3787
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SOURCE: U.S. Bank