U.S. Bank Celebrates Veterans Day with $25,000 Donation to Freedom Alliance
November 10 2014 - 11:00AM
Business Wire
U.S. Bank kicked off its Veterans Day celebration with a $25,000
donation to Freedom Alliance, an educational and charitable
organization which sponsors numerous program activities aimed at
supporting and honoring America’s service members and their
families. U.S. Bancorp Chairman, President and Chief Executive
Officer, Richard Davis, announced the donation during the company’s
annual Veterans Day conference call on Wednesday, Nov. 5.
A home donation program – “Homes for Heroes” – is U.S. Bank’s
program to provide renovated and mortgage-free homes to wounded
veterans and their families. U.S. Bank partners with organizations
including Freedom Alliance and Five Brothers, a real estate
management company that helps renovate the homes. To date, U.S.
Bank has donated six homes to wounded veterans and their families,
with an additional home donation slated for later in November.
“One of the organizations we partner with for the Homes for
Heroes program is Freedom Alliance. We will continue this program
in 2015 to help make homeownership a reality for these wonderful
patriots,” said Davis.
During the call, Davis was joined by guest speaker David D.
Hamlar Jr., Assistant Adjutant General, Minnesota National Guard;
Vice Chairman of Wholesale Banking, Richard B. Payne, Jr.; and
President of The Private Client Reserve, Mike Ott, at the company’s
headquarters in downtown Minneapolis. An estimated 1,000 U.S. Bank
employees – veterans and non-veterans – joined the call.
“It’s an honor to have someone with the stature of General
Hamlar speak to our employees,” said Davis. “It was an honor to
recognize him and all members of the armed forces – past and
present – who so valiantly serve our country and protect our
freedom.”
General Hamlar assists in the oversight and leadership of
Minnesota Air National Guard units and in deploying specific
strategic themes relevant to external audiences, with a primary
strategic objective to maintain two high-quality Air National Guard
Wings assigned to the State of Minnesota. General Hamlar’s stellar
military career includes serving in support of Operation Desert
Shield, Desert Storm, Operation Enduring Freedom, Operation Iraqi
Freedom, and numerous military humanitarian efforts around the
world.
U.S. Bank's Proud to Serve program
(www.proudtoserve.usbank.com), now in its seventh year, supports
military employees and their families. Approximately 2,000 U.S.
Bank employees are veterans, including National Guard and Reserve
members. Bankers in Boots, the company’s veteran hiring campaign
continues, as well as a variety of programs across the company,
including 25 volunteer events, hosted by the company’s Development
Network, that will take place through the remainder of this
year.
U.S. Bank has several recruiting and training programs
specifically for veterans, including the Military Leader
Development Program. U.S. Bank offers newly hired veterans extra
paid time off to participate in re-integration activities or attend
to service-related medical issues. Last year, U.S. Bank launched
www.usbank.com/military, a website with tools and information
specifically for customers serving in the military and their
families. Likewise, U.S. Bank Military Service Center
(1-800-934-9555) is a dedicated customer service line for military
members and their families staffed with bankers familiar with the
Servicemembers Civil Relief Act.
U.S. Bank has been recognized for its hiring efforts and
military friendly culture. In 2013, U.S. Bank received the
Secretary of Defense Employer Support Freedom Award. Military Times
magazine named the bank to its “Best of Vets: Employers” list in
2014, the fifth year on the list. In addition, G.I. Jobs magazine
named U.S. Bank to its “Top 100-Military Friendly Employers” list
for 2012 and 2013, and U.S. Veterans Magazine named the bank to its
list of “Top 100 Veteran-Friendly Companies” in 2012, 2013 and
2014.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $391 billion in
assets as of September 30, 2014, is the parent company of U.S. Bank
National Association, the 5th largest commercial bank in the United
States. The Company operates 3,177 banking offices in 25 states and
5,026 ATMs 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.
U.S. Bank Corporate CommunicationsAmy Frantti,
612-303-0733amy.frantti@usbank.com
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