MINNEAPOLIS & NEW BRUNSWICK/PISCATAWAY, N.J.--(BUSINESS WIRE)--May
31, 2005--Rutgers, The State University of New Jersey, through its
alumni federation, has created a new affinity credit card partnership
with U.S. Bank that generates donations to Rutgers each time a new
card is activated and again each and every time that card is used.
Alumni will be able to choose from four different card designs and
offerings through this U.S. Bank partnership, including one that earns
reward points that can be redeemed for gift certificates, merchandise,
cash and travel rewards.
"Just by using the card, alumni will be supporting many successful
alumni programs, such as class reunions, career services, the alumni
web page, scholarships for alumni children who attend Rutgers and the
university's academic goals and student initiatives," said Glenn
Gnirrep, president of the Rutgers University Alumni Federation.
"We are pleased to partner with an institution with as much
history and renown as Rutgers," said Tanya Turner, senior vice
president of affinity products at U.S. Bank. "We look forward to
building a long and successful relationship that supports the mission,
programs and people at this fine university."
With more than 50,000 students on campuses in Camden, Newark, and
New Brunswick/Piscataway, N.J., Rutgers is one of the nation's major
state universities. Chartered in 1766, it has a unique history as a
colonial college, a land-grant institution and a state university. Its
29 degree-granting units offer majors in over 100 fields and thousands
of courses. The Rutgers University Alumni Federation strives to
increase and strengthen alumni support for Rutgers. Visit Rutgers
online at rutgers.edu or the federation at alumni.rutgers.edu.
U.S. Bank is a subsidiary of U.S. Bancorp (NYSE: USB). With $198
billion in assets, U.S. Bancorp is the 6th largest financial holding
company in the United States. The company operates 2,377 banking
offices and 4,654 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. Bank
Teri Charest, 612-303-0732
Barbara Preston, 732-932-7735
SOURCE: U.S. Bank