MINNEAPOLIS--(BUSINESS WIRE)--June 20, 2006--U.S. Bank has named
Lisa Glover to the position of director of community development and
fair lending, in which she will lead community development and
Community Reinvestment Act (CRA) activities across the company's
24-state footprint. Glover is a 20-year veteran of U.S. Bank and will
lead a team of 33 community development officers from U.S. Bank's
offices in Milwaukee.
"U.S. Bancorp has a long and distinguished history of leading and
engaging in activities that stimulate growth and goodwill in the
communities we serve," said Richard Davis, president and chief
operating officer of U.S. Bancorp, parent company of U.S. Bank. "Lisa
has demonstrated great leadership directing our CRA and fair lending
efforts in the past, and we have great confidence in her dedication
and ability to carry out that legacy in the future."
Glover joined the bank in Des Moines, Iowa in 1986 and held a
variety of positions before being named the community development
outreach officer for the Des Moines market in 1992. In 1994, she
joined the corporate compliance group in Milwaukee and was charged
with the development and implementation of a corporate-wide fair
lending program. In 1996, CRA program management was added to her
duties and she managed the community development risk management
department, overseeing community development and fair lending
compliance across the corporation. She most recently served as interim
director of community development.
Glover is a graduate of Iowa State University, with a degree in
finance, and has recently pursued her teaching certification in the
area of adaptive education. She is a member of the Consumer Bankers
Association Fair Lending Committee, is an instructor in the areas of
CRA and fair lending for the Wisconsin Bankers Association, and has
been an active tutor for students with special needs.
Glover lives in Waukesha, Wis. with her husband and two sons.
U.S. Bancorp (NYSE:USB), with assets of $210 billion, is the 6th
largest financial holding company in the United States. The company
operates 2,430 banking offices and 4,941 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 the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at www.usbank.com.
CONTACT: U.S. Bank
Steve Dale, 612-303-0784
Teri Charest, 612-303-0732
SOURCE: U.S. Bank