U.S. Bank Names Betsy Cadwallader Seattle Market President
July 12 2017 - 3:00PM
Business Wire
U.S. Bank has named veteran banker Betsy Cadwallader as its
Seattle market president, effective August 1. Cadwallader will lead
the market in company-wide efforts and activities and will direct
commercial banking in the greater Seattle area. Cadwallader will
succeed Mike Katz who has served as market president since 2015.
Katz is relocating out of the market and will remain with U.S.
Bank.
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Betsy Cadwallader, U.S. Bank Seattle
Market President (Photo: U.S. Bank)
Cadwallader has more than 30 years of commercial, corporate and
investment banking experience. She joined U.S. Bank in 2012 and
most recently held the position of chief credit officer, Commercial
Banking. Previous to this she served in the role of Commercial
Banking relationship manager team lead, focused on providing
solutions to middle market, mid-cap and not-for-profit
organizations in the greater Chicago area. Before joining U.S.
Bank, Cadwallader held numerous business line and senior executive
positions at institutions including: JP Morgan Chase, Bank of
America, Bank One and Constellation Energy.
“Betsy has made an enormous impact in the five years she’s been
with U.S. Bank,” said Elliot Jaffee, executive vice president and
head of commercial banking at U.S. Bank. “Her leadership and depth
of experience will enable us to deliver even more value to clients
and the community in the greater Seattle area.”
Cadwallader is a community advocate and has been an active
community leader in Chicago. She currently serves on the board of
directors of the Illinois Humanities Council and North Lawndale
College Prep High School, as well as on the Dean’s Business
Advisory Council of Miami University’s Farmer School of Business.
Betsy earned her B.S. from Miami University and her MBA from the
University of Cincinnati.
“I’m looking forward to getting to know the community and
serving local organizations like Junior Achievement of Washington
where U.S. Bank is already actively engaged,” Cadwallader said.
U.S. Bank employs more than 1,400 people in the greater Seattle
area and has more than 90 branches and 174 ATMs in the market. In
2016, U.S. Bank made $1.5 million in foundation grants and
corporate contributions to nonprofit partners in Seattle.
Minneapolis-based U.S. Bancorp (NYSE: USB), with $450 billion in
assets as of March 31, 2017, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,091 banking offices in 25
states and 4,838 ATMs, and provides a comprehensive line of
banking, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. Visit U.S. Bancorp on
the web at www.usbank.com.
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U.S. Bank Corporate CommunicationsElizabeth Parra,
415-464-8521elizabeth.parra@usbank.com@usbank_news
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