MINNEAPOLIS, Apr 04, 2005 (BUSINESS WIRE) -- U.S. Bancorp is recognizing nearly 24,000 employees who
have been with the company for five years or longer with Years of
Service Recognition Week, April 4-8. Years of Service Recognition Week
will include special events across the country for all 51,000
employees. The week will include the introduction and presentation of
the Years of Service gemstone lapel pins, which represent the number
of years that an employee has been with the company.
The lapel pin has been an important part of the U.S. Bancorp
culture for more than 10 years, primarily because it represents the
commitment of every employee to provide best-in-class service to
customers every day. The addition of a Years of Service gemstone to
enhance the pin demonstrates the value that the company places on
employee longevity and loyalty.
"Recognizing and honoring employees for their years of service is
a key component to our Five Star Service Guaranteed philosophy because
loyal and experienced employees provide best-in-class service, which
in turn creates loyal customers and attracts new customers to our
great company," said Jerry Grundhofer, chairman and chief executive
officer of U.S. Bancorp, who this year celebrates 12 years with U.S.
Each day of the week will celebrate each major milestone or group
of employees. Employees who have been with the company for 25 years or
more will receive special recognition on Monday, April 4 and receive
their diamond pins. On Tuesday, April 5, the company will celebrate
employees who are at the 20-year mark and they will receive their
garnet pins. Employees with five, ten and 15 years of service will be
recognized on Wednesday, April 6 and receive their amethyst (five
years), sapphire (ten years) and emerald (15 years) pins. On Thursday,
April 7, all employees will be honored and on Friday, April 8, five
employees will be randomly selected to win the Five Star Employee Trip
to a resort in their region.
Seven employees who have been with the company for more than 50
years will receive special honors for their lifelong commitment to
providing great service to their customers and colleagues. They will
receive a special gift and recognition from Grundhofer and Richard
Davis, president and chief operating officer of U.S. Bancorp.
The seven include: Mary West and Carol Goodwin in Milwaukee; John
Jerry in St. Paul, Minn.; Evelyn Purdy in Falmouth, Ky.; Esther
Williams in Richmond, Ind., Gwyn Holland in Decherd, Tenn. and Colleen
Watson in St. Joseph, Mo.
"Our company is very proud to recognize more than 1,800 employees
who will be celebrating at least 25 years of service to our
customers," said Davis, who this year celebrates 12 years with U.S.
Bancorp. "I am even more delighted that nearly half of our employees
have hit their first milestone of five years. Collectively, they
represent our fundamental belief that loyalty and longevity are
valuable characteristics that are essential to achieving success at
The week of activities will include celebrations as pins are
distributed, special recognition in employee periodicals, trivia and
contests for all employees including a chance to win a trip for their
immediate family. All employees will receive a letter from Grundhofer
and Davis and will be recognized on an on-going basis with a quarterly
publication of those who are celebrating milestone anniversaries.
The Years of Service Recognition Week complements other service
programs at U.S. Bancorp including the Five Star Service Guarantee,
which assures customers of certain key banking benefits and services
or customers will be paid for their inconvenience. Another example of
U.S. Bancorp's service focus is the Circle of Service Excellence, in
which customers and employees nominate individuals for an award
granted quarterly recognizing 20 people for outstanding service.
U.S. Bancorp will announce other service programs in 2005,
including a community service award for employee volunteerism in which
a monetary contribution is made to the organization that they support
with their personal time and talents.
U.S. Bancorp (NYSE:USB), with assets of $195 billion, is the 6th
largest financial holding company in the United States. The company
operates 2,370 banking offices and 4,620 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 the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at usbank.com.
SOURCE: U.S. Bancorp