MINNEAPOLIS--(BUSINESS WIRE)--April 18, 2005--U.S. Bancorp, parent
company of U.S. Bank, is expanding the support that it provides
nonprofit organizations by encouraging and rewarding the extraordinary
volunteer work of its 51,000 employees with a new program called the
U.S. Bank Five Star Volunteer Award.
Each year, U.S. Bancorp will recognize up to 250 employees who
provide exceptional volunteer service to a nonprofit organization in
their community. In addition to company recognition, U.S. Bancorp will
award the nonprofit $1,000 in honor of the employee.
"Our commitment to Five Star Service doesn't end with serving our
customers. Service means connecting with our communities and making an
investment in the future of the places we call home," said Jerry
Grundhofer, U.S. Bancorp chairman and chief executive officer. "The
U.S. Bank Five Star Volunteer Award formally recognizes and rewards
the thousands of volunteer hours that our employees contribute to the
community every year to ensure that our communities are healthy and
prosperous for years to come."
U.S. Bancorp has a long-standing record of community leadership in
the key areas of affordable housing, economic opportunity, arts and
culture, education and community service. The company received the
highest rating possible from the Office of the Comptroller of the
Currency in 2004 for its commitment to the Community Reinvestment Act
(CRA), meeting the credit needs of all segments of the communities
that U.S. Bancorp serves.
U.S. Bank Five Star Volunteer Award nominations may be made by an
employee or by a non-profit organization. To request a nomination
form, email fivestarvolunteer@usbank.com. Selections will be made
quarterly.
U.S. Bank is a subsidiary of U.S. Bancorp (NYSE:USB). With $195
billion in assets, U.S. Bancorp is the 6th largest financial 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 on the web at usbank.com.
CONTACT: U.S. Bancorp Media Relations
Teri Charest
612-303-0732
teri.charest@usbank.com
SOURCE: U.S. Bancorp
