DENVER--(BUSINESS WIRE)--Aug. 9, 2006--Elizabeth Hund, nationally
recognized agribusiness lender, has been tapped to head U.S. Bank's
Food and Agribusiness Division. She will be based in Denver and will
oversee food and agribusiness lending for U.S. Bank in its 24-state
footprint, including key markets such as Chicago, Kansas City, St.
Louis, Des Moines, Omaha, Lincoln, Wichita, Topeka, Denver,
Minneapolis and Sacramento.
Timothy Somers, executive vice president and manager of U.S.
Bank's Specialized Industries Division, made the announcement, adding,
"Lizz is a seasoned agricultural finance veteran who has broad
experience with a variety of clients from production agriculture to
global agribusinesses. She has the knowledge and drive to lead our
team in assisting customers to grow to their fullest potential with
our loan, investment management and capital market services."
Hund, who has more than 25 years of agribusiness lending
experience, most recently worked as managing director and produce
sector head for Rabobank International in San Francisco, CA, where she
was responsible for all marketing, credit, compliance, administration
and budgeting in the western region.
Before that she worked in Denver for CoBank, National Bank for
Cooperatives, where she was senior relationship manager, and Coleman
Natural Meats, as chief financial officer. Prior to that, she worked
as vice president of agribusiness at Colorado National Bank, which has
since been acquired by U.S. Bank.
Hund received a masters degree in business administration with an
emphasis in finance from the University of Colorado in Boulder, and a
bachelor of science degree in agriculture, with an emphasis in animal
science and industry, from Kansas State University in Manhattan, KS.
She is a fellow of the California Ag Leadership Program, and a
graduate of the Agribusiness Executive Management Program at Harvard
Active in the national ag community, Hund is a member of the USDA
marketing advisory board, on the board of Slow Food USA, and a member
of the Farm Foundation. She also serves on the Dean's Advisory Council
for the College of Ag & Environmental Sciences at the University of
California at Davis and on the Dean's Advisory Council for the College
of Agriculture at Kansas State University.
U.S. Bancorp (NYSE:USB), with assets of $213 billion, is the
sixth-largest financial holding company in the United States. The
company operates 2,434 banking offices and 4,966 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
Lisa H. Clark, 608-877-7517
SOURCE: U.S. Bank