CINCINNATI & LOS ANGELES, Mar 14, 2005 (BUSINESS WIRE) -- Nehemiah Ministries, the economic development arm of
the African Methodist Episcopal (AME) 5th District Church, will
benefit from a financial education program supported by U.S. Bank. The
Reverend Mark Whitlock, of Nehemiah Ministries, said, "We are
appreciative of U.S. Bank's assistance in providing valuable financial
educational services to our church leaders."
The AME has approximately 60,000 members who attend 286 Episcopal
Churches in 15 states west of Mississippi. U.S. Bank will help to
sponsor events that will educate church leaders and members of the
congregation on financial matters and will also present partnership
information at AME's 5th District's Mid-Year Conference, which will be
held March 16 - 18th in Ontario, California.
Jeff Rosen, executive vice president of U.S. Bank's community
development group, said, "U.S. Bank is committed to nurturing and
developing this unique partnership with Nehemiah Ministries and the
5th Episcopal Church."
U.S. Bank entered into an agreement to provide comprehensive
financial services to the leadership and individual members of the AME
5th Episcopal District Church in late 2004, offering AME members
discounted U.S. Bank products and services such as reduced closing
costs on home equity loans. U.S. Bank will also present financial
wellness seminars to members of the church who seek guidance on issues
such as basic banking, budgeting, first-time homebuyer and retirement
planning and investing.
U.S. Bank is a subsidiary of U.S. Bancorp (NYSE:USB). With assets
of $195 billion, it is the 6th largest financial holding company in
the United States, operating 2,370 banking offices and 4,620 ATMs, and
providing 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
Lisa H. Clark