LOS ANGELES--(BUSINESS WIRE)--March 18, 2004--U.S. Bank will open eight more
branches at Safeway, Vons and Pavilions stores in California on March 22 as
part of its on-going expansion into a total of 163 Safeway, Vons and Pavilions
locations in California, Arizona and Nevada by the end of 2005.
The eight new locations opening on March 22 are the:
-- Fremont Safeway at 46848 Mission Blvd. in Fremont;
-- Mendocino Safeway at 2300 Mendocino Ave. in Santa Rosa;
-- South Hwy 65 Safeway at 405 South Highway 65 in Lincoln;
-- Mission Gorge Vons at 9643 Mission Gorge Road in Santee;
-- La Crescenta Vons at 3233 Foothill Blvd. in La Crescenta;
-- Ximeno Ave Vons at 1820 Ximeno Avenue in Long Beach;
-- McBean Pkwy Pavilions at 27095 McBean Parkway in Santa Clarita and
-- Victoria & Telegraph Vons at 6040 Telegraph Road in Ventura.
In addition, U.S. Bank opened a location at the Hamilton Avenue Safeway at
1530 Hamilton Avenue in San Jose on Feb. 23, and will be opening seven more
locations in California in April and one in May. U.S. Bank will also open 11
in-store branches at Safeway locations in the Phoenix area and one inside Vons
in Las Vegas in March. "These U.S. Bank branches in Safeway, Vons and Pavilions
stores will offer a full range of services, like all of our in-store branches
in California," said Rob Brown, regional manager of in-store banking for
U.S. Bank in California. "Customers can open accounts, take advantage of
investment opportunities, get a loan for a car, mortgage, boat, home improvement
or debt consolidation. Each location will also have a full-service U.S. Bank
U.S. Bank and Safeway announced plans in September 2003 to open a total of
163 new in-store branches in Safeway and Vons stores in Arizona, California
and Nevada. This is the largest in-store expansion and partnership venture in
U.S. Bank history. U.S. Bank has the third-largest in-store branch-banking network
in the United States and will have a total of 456 in-store branches in 19 states
once the Safeway/Vons expansion is completed.
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 1,817
stores in the United States and Canada and had annual sales from continuing
operations of $35.6 billion in 2003.
U.S. Bancorp (NYSE:USB), with assets of $189 billion, 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.
CONTACT: U.S. Bank Media Relations, Teri Charest, 612-303-0732