MINNEAPOLIS--(BUSINESS WIRE)--Jan. 29, 2007--Richard Davis,
president and chief executive officer of U.S. Bancorp (NYSE:USB), the
parent company of U.S. Bank, has been named chairman of Community
Build Day 2007, a marquee event by The Financial Services Roundtable,
a trade association of 100 of the largest integrated financial
services companies in the United States.
"The Roundtable is thrilled that Richard is taking over as
chairman for Community Build Day this year," said Steve Bartlett,
president and chief executive officer of The Roundtable. "Last year we
had 120 builds across the United States and I know Richard will take
this initiative to the next level. Community Build Day is the ultimate
win-win-win situation. Our members build their communities every day,
and this initiative illustrates these contributions in a tangible way
for people who need a helping hand."
"Companies in the financial services industry historically have
been pillars of the community, contributing generously year after year
to nonprofit organizations that make our cities better places to live
and work. Equally important to the industry's legacy of giving is its
constant drive to give more, and give better, which is what has
inspired the leaders of the Roundtable to make Community Build Day a
successful event that grows year after year," said Davis.
Community Build Day embraces the good work that is already taking
place in cities across the country, and inspires new projects in new
places and with new participants and beneficiaries. The Roundtable
recognizes work throughout the month of August, with special events
recognizing the sixth annual Community Build Day on August 4, 2007.
True to the spirit of building, companies and employees volunteer
to build their communities, socially or physically, through a variety
of different activities from actual building projects to food drives
to a walking or running event for a good cause.
In 2006, 46 companies participated in Community Build Day with 120
events in 50 states raising nearly $1 million for the nonprofit
partners of Community Build Day. Approximately 5,000 volunteers
participated in projects that made an impact on 2,000 families, 14,700
individuals and 25,000 school children. More than five million people
were made aware of the benefits of Community Build Day through news
media coverage. To learn more about Community Build Day and how
organizations may participate, visit www.fsround.org.
The Financial Services Roundtable represents 100 of the largest
integrated financial services companies providing banking, insurance,
and investment products and services to the American consumer. Member
companies participate through the chief executive officer and other
senior executives nominated by the CEO. Roundtable member companies
provide fuel for America's economic engine, accounting directly for
$50.5 trillion in managed assets, $1.1 trillion in revenue, and 2.4
U.S. Bancorp, with assets of $219 billion, is the 6th largest
financial holding company in the United States. The company operates
2,472 banking offices and 4,841 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. Bancorp
Steve Dale, 612-303-0784
Gina Maffei, 202-589-2427
SOURCE: U.S. Bancorp