SACRAMENTO, Calif., Jun 22, 2006 (BUSINESS WIRE) -- U.S. Bank has named Tom Pritchard president of U.S. Bank
Dealer Commercial Services, a group within U.S. Bank that primarily
serves the commercial banking and financing needs of franchised auto,
marine and recreational vehicle dealerships, with a primary focus on
Pritchard is a 26-year veteran of banking, primarily in dealer
finance, and has been with U.S. Bank since 1999. Most recently, he was
national market manager for dealer commercial services, a position he
held for two years. In his new role, he will lead the growth and
expansion of the company's dealer portfolio across the United States.
"U.S. Bank has served the needs of dealers for more than 40 years
as a value added provider of financial services. Tom has been
instrumental in maintaining U.S. Bank's competitive advantage in
providing comprehensive banking services to dealers as we have grown
this important segment. We are confident in his leadership to continue
that momentum in the months and years to come," said Joseph Otting,
vice chairman and head of commercial banking for U.S. Bank, to whom
Pritchard will report.
Pritchard is based in Sacramento and lives in Shingle Springs,
Calif. with his wife, Julie, and their family.
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.
SOURCE: U.S. Bank
Teri Charest, 612-303-0732