EUREKA, Mo., Aug 25, 2005 (BUSINESS WIRE) -- U.S. Bank and Schnuck Markets, Inc. are holding a joint
grand opening celebration on Tuesday, August 30 at 9:00 a.m. Kicking
off a weeklong celebration featuring family fun, refreshments and
prizes, the bank will unveil its seven-day-a-week, full-service office
inside the new Schnucks Eureka Marketplace at 245 East 5th Street.
Joe Imbs, U.S. Bank St. Louis market president, said that this is
the first of 26 new U.S. Bank offices that will be located in Schnucks
stores throughout the St. Louis area by early next year. "We are a
dominant player in St. Louis and will only continue to grow," said
Imbs, who noted that St. Louis will soon have 100 branches as well as
approximately 300 ATMs.
Mike Burke, senior vice president of U.S. Bank's central in-store
group, said, "Research shows that consumers bank 2.4 times per week
and grocery shop 2.6 times per week, so our partnership with Schnucks
is a great way to enable customers to bank where they shop and shop
where they bank."
Joshua (Josh) Heihn, new U.S. Bank Eureka manager, added, "We are
really excited to be partnering with Schnucks and think the Eureka
community will appreciate having a bank that is open extended hours.
In addition to opening free checking accounts with free Internet bill
pay, customers can conveniently transact business on savings, CDs,
IRAs and other investment opportunities, or get a loan for a car,
boat, home improvement or debt consolidation. We also have a Super ATM
that sells postage stamps and phone cards in addition to handling
Burke added that customers who take advantage of U.S. Bank
products and services can also take comfort in knowing that U.S. Bank
is home of the exclusive Five Star Service Guarantee, meaning business
will be efficient and accurate on every transaction or the bank will
pay that customer $5.
The hours of the new U.S. Bank office inside Schnucks are Monday
through Friday from 10:00 a.m. to 7:00 p.m., Saturday from 10:00 a.m.
to 4:00 p.m. and Sunday from 11:00 a.m. until 3:00 p.m. Customers also
have access to services 24-hours a day through ATM, telephone or
Burke says, in the first week of operation, there will be fun for
the entire family and prize drawings will be held throughout the
store. One lucky winner will receive the top prize of a $1,000 U.S.
Bank Visa(R) gift card. "Scratch and Win" cards will be given to the
first 2,000 shoppers, and customers who open new U.S. Bank accounts
also will receive a Schnucks gift card valued up to $50. During Labor
Day weekend, children can join in the fun by picking up "money"
crayons and entering a "color the piggy bank" contest. The U.S. Bank
Pig mascot will be on hand to present children with their own piggy
U.S. Bancorp (NYSE:USB), with $204 billion in assets, is the 6th
largest financial holding company in the United States. The company
operates 2,383 banking offices and 4,877 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
Founded in St. Louis in 1939, Schnuck Markets, Inc. currently
operates 103 stores (including five Logli stores) and 98 pharmacies in
Missouri, Illinois, Indiana, Wisconsin, Tennessee, Mississippi and
Iowa. The family-owned company ranks 94th in the Forbes magazine
listing of the nation's "Largest Private Companies."
SOURCE: U.S. Bank
U.S. Bank Media Relations
Lisa Clark, 608-877-7517