LOS ANGELES, Apr 8, 2004 (BUSINESS WIRE) -- U.S. Bank has opened three more
branches at Vons stores in southern California this week 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 three new locations that opened on April 5 are the:
-- El Cajon Blvd. Vons at 6155 El Cajon Blvd. in San Diego;
-- East Manchester Blvd. Vons at 500 E. Manchester Blvd. in
-- West Imperial Hwy Vons at 2101 West Imperial Hwy. in La Habra.
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 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 7th largest
financial services holding company in the United States. The company operates
2,282 banking offices and 4,472 ATMs in 24 states 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
SOURCE: U.S. Bank
CONTACT: U.S. Bank
Teri Charest, 612-303-0732
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SOURCE: U.S. Bank