MINNEAPOLIS & SACRAMENTO, Calif.--(BUSINESS WIRE)--June 2,
2005--U.S. Bank has entered an agreement with the California Community
Colleges Commission on Athletics (COA) to become the official
financial services company of the COA and presenting sponsor of COA
state championships. The agreement is indicative of U.S. Bank's growth
in California and commitment to reach out into the community through
sponsorship and corporate support.
The California Community Colleges comprises 109 college campuses
and nearly three million students. This banking program was
established to meet the basic service needs of the campus community
members and will be phased-in starting with 25 colleges in the fall of
2005. Students, faculty and staff are immediately eligible for the
entire range of banking services offered by U.S. Bank. Each campus
selected will be within a short commute of a U.S. Bank branch and
"Our commitment to U.S. Bank is absolutely unlimited as we launch
the partnership," said Stu Van Horn, associate state commissioner of
the COA. "COA board presidents will be involved with colleges in their
conference that are part of each phase to ensure institutional support
for the partnering program."
"U.S. Bank is recognized as the leader in campus banking programs
and we are excited to reach out to the member community colleges to
bring our best in-class products and services to each campus," said
Jim Marshall, senior vice president and head of the U.S. Bank
Campusbanking Program. "The COA is a natural fit for us because we
share their commitment to improving the lives of students by
supporting their academic and athletic pursuits in COA communities
where the U.S. Bank is also located."
There are more than 300 U.S. Bank branches throughout California,
a number that continues to increase, with business centers in San
Diego, Orange County, Los Angeles, Sacramento, San Francisco and
numerous communities throughout the state. U.S. Bank recently moved
its southern California regional headquarters to Los Angeles as its
logo was added to the skyline atop the former Library Tower, now U.S.
Bank Tower, the tallest building west of the Mississippi.
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
David Eadie, 916-444-1699
SOURCE: U.S. Bank