LAWRENCE, Kan.–(BUSINESS WIRE)–Apr. 26, 2016– U.S. Bank has launched Deal Local, a new mobile app designed to help local businesses attract new customers and build loyalty with their existing customers through deals and rewards. Exclusive to Lawrence as a pilot, the app is live in the Apple and Google Play app stores and is already […]
MINNEAPOLIS–(BUSINESS WIRE)–Apr. 25, 2016– U.S. Bancorp (NYSE:USB), parent company of U.S. Bank, the fifth largest commercial bank in the United States, announced today that its board of directors has elected Laura Bednarski, U.S. Bancorp senior vice president and deputy general counsel, as corporate secretary. She reports to Jim Chosy, executive vice president and general counsel, […]
SAN DIEGO–(BUSINESS WIRE)–Apr. 25, 2016– U.S. Bank has named Scott Schmid as the market leader for The Private Client Reserve in San Diego. U.S. Bank manages $125 billion of assets for clients, and its wealth management business is ranked among the top 20 wealth management firms* in the country. Scott, who is currently a wealth […]
MINNEAPOLIS–(BUSINESS WIRE)–Apr. 22, 2016– Minneapolis-based U.S. Bancorp (NYSE: USB), the fifth largest commercial bank in the United States, and the parent company of Elavon, Inc., has sold its 50.1 percent majority stake in São Paulo-based, Elavon do Brasil (EdB) to Stone Pagamentos, S.A, a local market, privately-held merchant acquirer. Following the transaction, Elavon do Brasil […]
RIVERWOODS, Ill. & BAMBERG, Germany–(BUSINESS WIRE)– Diners Club International, a wholly owned subsidiary of Discover Financial Services and part of the Discover Global Network, and Computop, a leading international payment service provider, today announced an agreement that will increase e-commerce acceptance for Discover, Diners Club and Alliance Partner cards. This agreement is part of Discover […]
Today’s “On-Demand” Banking Customers Want In-Person Guidance And Attention, Says TimeTrade’s State of Retail Banking 2016: Consumer Survey BOSTON – April 12, 2016 – Today’s “on-demand” consumers want personalized attention from their banks and strongly prefer in-person assistance when making major purchasing decisions such as first-home mortgages, according to new research from TimeTrade, the leading […]
WINSTON-SALEM, N.C., April 6, 2016 /PRNewswire/ — BB&T Corporation (NYSE: BBT) today announced the results of elections made by shareholders of National Penn Bancshares, Inc. (NASDAQ: NPBC) as to the form of merger consideration they desired to receive, and related allocation and proration results, in connection with the merger of National Penn with and into […]
Systems conversion expected this summer WINSTON-SALEM, N.C., April 4, 2016 /PRNewswire/ — BB&T Corporation (NYSE: BBT) today announced it has completed its acquisition of National Penn Bancshares, Inc., (NASDAQ: NPBC) effective April 1, 2016. The core banking systems conversion, along with signage and account changes for clients, is expected early in the third quarter of […]
Enhancements Offer Convenient Options Tailored to Organization’s Size and Need MINNEAPOLIS–(BUSINESS WIRE)–Feb. 18, 2016– U.S. Bank is expanding its commercial payment suite to better serve the unique needs of its business customers. Along with the bank’s industry-leading Access® Online data management and reporting tool for managing corporate charge card spending, today it announced the launch […]
First-of-Its-Kind Design Provides Enhanced Client Experience, Access to Expertise and Integrated Financial Solutions February 16, 2016 — MINNEAPOLIS — Bank of America announces the opening of its first downtown Minneapolis financial center, located on the skyway level of the IDS Center (80 S. 8th St., Ste. 226). Much more than a bank branch, the IDS […]