MINNEAPOLIS--(BUSINESS WIRE)--July 22, 2005--A U.S. Bancorp
(NYSE:USB) executive has been honored by the Minneapolis/St. Paul
Business Journal. Janet Estep, executive vice president of U.S. Bank's
transaction services division and president of its Elan Financial
Services and Genpass, Inc. subsidiaries, was named one of The Business
Journal's Women in Business honorees for 2005. Estep and the other
honorees were recognized during an awards luncheon at the Minneapolis
Hilton in downtown Minneapolis on July 21. All honorees are featured
in the Women in Business special publication in the Friday, July 22
edition of the Minneapolis/St. Paul Business Journal.
"Janet is highly deserving of this honor," said Richard Davis,
president and chief operating officer of U.S. Bancorp. "In addition to
being a valued leader at U.S. Bancorp, Janet has also made outstanding
contributions to the community through her civic affiliations and
volunteer efforts, as well as establishing a leadership position in
the financial services payments industry."
Estep was named one of the 27 Women Changemakers. The Women
Changemakers award represents professionals who have made an impact in
the Twin Cities, have spearheaded changes with an impact on their
businesses, industry and the community.
Estep serves as executive vice president of U.S. Bank with
responsibility for its transaction services division. She is
accountable for the overall growth and profitability of the business
unit, which includes ATM banking product and operational support,
electronic fund transfer network services, Elan Financial Services and
Genpass, Inc. Elan and Genpass provide sales, customer service and
support to more than 3,500 other financial institutions that require
ATM, debit card, credit card, and merchant services. Estep also has
responsibility for the bank-wide development of products and services
for the financial institution industry market segment.
Estep earned a bachelor's degree with majors in economics and
psychology from St. Olaf College in Northfield, Minn. Advanced studies
included attending the Wharton School for intense market segmentation
analysis work. Estep also attended various industry seminars to gain
specific industry knowledge.
Estep serves on the board of and is actively involved in the
Junior Achievement of the Upper Midwest and MENTTIUM. She is also
active as a St. Olaf Class Fund Agent. Estep has participated in
several industry boards and advisory councils over the years, and is
often asked to speak at industry meetings to share her perspective of
financial services payment trends.
Estep resides in the Twin Cities area with her husband and two
U.S. Bancorp is the parent company of U.S. Bank. With assets of
$204 billion, it is the 6th largest financial holding company in the
United States. The company operates 2,383 banking offices and 4,877
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 home of the
Five Star Service Guarantee which assures customers of certain key
banking benefits and services or customers will be paid for their
inconvenience. Visit U.S. Bancorp on the web at usbank.com.
CONTACT: U.S. Bancorp
Amy Frantti, Media Relations
SOURCE: U.S. Bancorp