MINNEAPOLIS & PHILADELPHIA--(BUSINESS WIRE)--Jan. 20, 2005--Drexel
University has created a new affinity credit card partnership with
U.S. Bank that benefits Drexel University each time a new card is
activated, and again each and every time that card is used.
"The new Drexel University credit card from U.S. Bank offers
students, alumni and employees an opportunity to support the
university's programs and initiatives," said Drexel University
president Constantine Papadakis. "By using the card, the extended
Drexel community can show off its Drexel pride and at the same time
benefit current students and the University."
Students, alumni and employees, who carry the Drexel card, will
have access to a variety of credit cards offered through this U.S.
Bank partnership, including one that earns reward points that can be
redeemed for gift certificates, merchandise, cash and travel rewards.
Not only does the partnership improve Drexel University's ability to
offer members high-quality affinity credit products, but U.S. Bank has
also stepped forward in a big financial way as a key corporate partner
for the long haul.
"U.S. Bank is committed to the long-term development of campus
facilities and scholarships and we look forward to the opportunities
that exist by bringing together the expertise of our two
organizations. It is our pleasure to provide valuable card products
and services to the Drexel University community in support of its
mission," said Tanya Turner, senior vice president of affinity
products at U.S. Bank.
The new cards are available through the Drexel University alumni
website at www.drexel.edu.
Drexel is widely recognized for its focus on technology and
cooperative education. The first major university to operate a fully
wireless campus, Drexel is a leader in integrating technology into all
aspects of its academic and research enterprise, which includes the
largest private medical college and undergraduate engineering program
in the nation. Drexel is ranked among the 2005 best national doctoral
universities by U.S. News & World Report.
U.S. Bank is part of Minneapolis-based U.S. Bancorp (NYSE: USB).
With $195 billion in assets, U.S. Bancorp is the 6th largest financial
services holding company in the United States. The company operates
2,370 banking offices and 4,620 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. Visit U.S. Bancorp at usbank.com.
CONTACT: U.S. Bank
Teri Charest, 612-303-0732
Philip Terranova, 215-895-2613
SOURCE: U.S. Bank