ST. LOUIS, Mar 10, 2004 (BUSINESS WIRE) -- U.S. Bank has received the "2003
Award of Merit" from the Urban League of Metropolitan St. Louis. The award was
presented to U.S. Bank recently for its outstanding work in community
development and outreach.
"U.S. Bank is honored to receive this award from the Urban League, an
organization that is vital to the overall well-being of the St. Louis
community," said Catherine M. Myers, senior vice president and regional manager
for U.S. Bank in St. Louis. "When every person has equal life chances, we are
all better off. U.S. Bank is grateful to the Urban League for its outstanding
work to help make it a reality."
"U.S. Bank has consistently demonstrated its commitment to the community through
its wide range of vital community development programs," said James H. Buford,
president and chief executive officer of the Urban League of Metropolitan St.
Louis. "Whether it's helping provide affordable housing, providing volunteers
with free tax preparation service for low-income working families, hosting
financial education sessions or combatting predatory lending, U.S. Bank is doing
its part to help make the St. Louis community a better place to live and work."
U.S. Bank's community development activities in the St. Louis area include:
-- Investing in more then $30 million in affordable housing and
revitalization efforts in 2003;
-- Making more than $15 million in direct contributions to
community groups over the past five years from the U.S.
-- Actively participating in the St. Louis Tax Assistance Program
-- in 2003, volunteers served nearly 1,300 families by
generating refunds of more than $1.7 million;
-- Organizing and teaching a three-part financial educational
session for eighth grade students from low to moderate-income
-- Participating in the Coalition for Reputable Lending to help
combat the effects of predatory lending by providing community
outreach, education, legal services and loan products to
vulnerable consumers of mortgages; and
-- Contributing to the Gateway to Financial Fitness initiative,
which provides financial literacy training for customers of
nonprofits that assist low to moderate-income individuals and
The mission of the Urban League of Metropolitan St. Louis is to assist African
Americans and others throughout the region in securing economic self-reliance,
social equality, and civil rights. The Urban League implements its mission
through advocacy, coalition building, program services, and by promoting
communication and understanding among different races and cultures.
U.S. Bancorp (NYSE:USB) is the parent company of U.S. Bank. With assets of $189
billion, U.S. Bancorp is the 8th largest financial services holding company in
the United States. The company operates 2,243 banking offices and 4,425 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
Amy Frantti, 612-303-0733
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Copyright (C) 2004 Business Wire. All rights reserved.
SOURCE: U.S. Bank