ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 12, 2005--U.S. Bank and
the Mexican consulate office in St. Paul will sign an agreement on
Tuesday, Sept. 13 by which U.S. Bank will provide financial
information, education and services to Mexican individuals and
businesses through the consulate office. The agreement will be signed
at 4 p.m. at the consulate office located at 797 East 7th Street in
St. Paul.
Nathan Wolf, Consul of Mexico in St. Paul, and Alice Perez,
Hispanic market manager for U.S. Bank, will sign the agreement. U.S.
Bank has partnered with Mexican consulate offices across the United
States to reach out Mexican nationals who seek financial information
or service. The consulate office out of Chicago made several trips to
the Twin Cities in recent years until the permanent St. Paul office
opened in June 2005.
Through the agreement, U.S. Bank will host quarterly financial
education workshops on-site covering topics ranging from the basics of
banking to investments and home ownership. Each week, bilingual
bankers from U.S. Bank will staff tables at the consulate to offer
information to individuals who visit the consulate offices. There will
also be a permanent display of information on products and services
offered by U.S. Bank.
"We are honored to partner with Consul Wolf and the consulate
office in St. Paul to offer individuals and businesses answers to the
questions they may have or advice on financial matters in a way that
is convenient and comfortable for them," said Perez. "U.S. Bank has
long been a financial partner in the Hispanic community and we are
delighted to further extend that partnership through this new
agreement."
U.S. Bank is an innovator in serving the Hispanic community. It
was one of the first financial institutions in the United States to
accept the Matricula Consular as a form of identification when opening
a bank account. The Matricula is the official identification issued by
the Mexican government through its consulate offices. U.S. Bank is
also the official partner of the United States Hispanic Chamber of
Commerce in a small business loan program called Capital! It is also
the largest bank to offer MoneyGram money transfer service through
U.S. Bank branches. In August 2005, U.S. Bank was named by LATINA
Style Magazine as one of the top 50 places in the United States for
Latinas to work.
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
usbank.com.
CONTACT: U.S. Bank
Teri Charest, 612-303-0732
SOURCE: U.S. Bank