MINNEAPOLIS--(BUSINESS WIRE)--Oct. 20, 2004--Dan Arrigoni,
president and chief executive officer of U.S. Bank Home Mortgage, has
been named to the 2005 Board of Directors for the National Mortgage
Bankers Association (MBA). The first meeting of the 2005 Board of
Directors is October 27 at the Annual MBA Conference in San Francisco.
Arrigoni joins the 21-member board as it begins to implement a new
strategic plan, while also participating in key decisions that affect
the affairs of the association and policies in the mortgage industry.
The board manages all association business and serves as the final
decision making body for policy resolution on behalf of the Commercial
Real Estate/Multifamily Finance Board of Governors and the Residential
Board of Governors.
Arrigoni is a long-term member of the MBA, serving most recently
on the National MBA Residential Board of Governors (RESBOG) Committee,
and the nominating and advisory committee to RESBOG.
Arrigoni is a veteran of the mortgage industry with more than 30
years in the business. President of U.S. Bank Home Mortgage since
1996, he leads an organization of more than 2,400 employees who
conduct business nationwide. The company has grown significantly under
his leadership, as parent company U.S. Bank has grown through mergers
and acquisition. He currently oversees the continued expansion of U.S.
Bank Home Mortgage in the western United States and the further
development of products and services aimed at emerging markets,
including the Hispanic borrower.
U.S. Bank Home Mortgage is part of Minneapolis-based U.S. Bancorp
(NYSE:USB). With $193 billion in assets, U.S. Bancorp is the 6th
largest financial services holding company in the United States. The
company operates 2,346 banking offices and 4,621 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 in which the company pays customers if
certain key banking benefits and services are not met. U.S. Bancorp is
the parent company of U.S. Bank. Visit U.S. Bancorp on the web at
CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732
SOURCE: U.S. Bank