MINNEAPOLIS & PHILADELPHIA--(BUSINESS WIRE)--Sept. 6, 2006--U.S.
Bank has named card industry veteran Patrick (Pat) Coll to the
position of executive vice president of retail payments, overseeing
the company's consumer credit, debit, stored value and prepaid card
businesses.
Coll brings nearly 35 years of banking, marketing and card
industry experience to the position. He most recently founded
Percolate, which is a marketing services company, and prior to that
was chairman and chief executive officer of Fleet Bank Credit Card
Services, where he had been since 1998. When at Fleet Bank, Coll
served on the company's enterprise-wide payments council. He has also
worked for Household and Citibank, and served as president and chief
executive officer of Krupp/Taylor, a direct marketing subsidiary of
Foote Cone & Belding.
"Pat has experience and an impressive track record of growing
revenue through strategic marketing and new product development, and
will extend the excellent reputation U.S. Bank has in retail
payments," said Pamela Joseph, vice chairman for payment services at
U.S. Bancorp, parent company of U.S. Bank. "He will also establish a
presence for U.S. Bank Payment Services in Philadelphia, where he will
expand our existing payments team."
Coll is originally a native of Chicago, but has become an active
member of the Philadelphia community over the past eight years, both
within the financial industry and nonprofit community. He was a member
of the Federal Reserve Bank Advisory Council in the Philadelphia
District, and has worked with organizations including the United Way,
Junior Achievement and the Ronald McDonald House.
Patricia Wesner will continue in her position as executive vice
president, reporting directly to Coll, who began in his new position
on Sept. 1. She will remain in Milwaukee and he will be based in
Philadelphia.
U.S. Bancorp (NYSE:USB), with more than $213 billion in assets,
is the 6th largest financial holding company in the United States. The
company operates 2,434 banking offices and 4,966 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. Visit U.S. Bancorp on the web
at www.usbank.com.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5222273
CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732
teri.charest@usbank.com
SOURCE: U.S. Bank
