COEUR D'ALENE, Idaho--(BUSINESS WIRE)--June 21, 2005--U.S. Bank is
staffed and ready to open the doors to the U.S. Bank Service Center in
Coeur d'Alene, Idaho, just one year after it announced plans to build
the 60,000-square-foot facility. The grand opening will take place on
Tuesday, June 21 at 10 a.m., 3700 W. Seltice Way in Coeur d'Alene.
The more than 100 employees moved into the center in early June.
Ultimately, the center will employ 500. Service center employees
support U.S. Bank's growing retail payment solutions division, which
includes debit, small business and consumer credit card accounts. U.S.
Bank Retail Payment Solutions now has two major service centers to
help customers, one in Coeur d'Alene and one in Fargo, N.D.
"This is a great day for Coeur d'Alene and for U.S. Bank and I
want to thank the management, staff, local and state leaders who
helped make the opening of this center a reality," said Rick Barton,
market president for U.S. Bank in Coeur d'Alene. "Many wonderful
people have joined the U.S. Bank family through the creation of this
new facility and I can assure you that they are part of an
organization that truly cares about Idaho and specifically, the Coeur
The U.S. Bank Service Center in Coeur d'Alene represents a $15
million commitment by U.S. Bank to the Coeur d'Alene community. Once
fully staffed, U.S. Bank will employ 500 people at the service center,
in addition to its current employee base of 900 across Idaho. U.S.
Bank operates 90 full service branches in the state, in addition to
its new service center.
U.S. Bancorp (NYSE: USB), with $198 billion in assets, 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. U.S. Bancorp is
the parent company of U.S. Bank. Visit U.S. Bancorp on the web at
CONTACT: U.S Bank Media Relations
Teri Charest, 612-303-0732
SOURCE: U.S Bank