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Maddux Cattle Company, along with the two other entities that make up the Maddux family enterprises, relies on U.S. Bank to provide technology-forward services that make doing business easier as well as offer competitive rates. This includes Treasury Management services, such as remote deposit, and operating lines of credit. “As a business, the Maddux Cattle Company is not only extremely resilient and financially strong, but they truly have a passion for what they do,” said Scott Meradith, the business banking relationship manager at U.S. Bank working with Maddux and his family. “Here at U.S. Bank, we aim to make it easier for them to get back to the work that they enjoy. For instance, having remote deposit for their business just makes sense because of their rural location. It saves them time and, for John, that’s time that could be spent sorting cattle.” 

Meradith and Maddux have worked together for 13 years, through both the good and the challenging times. Through it all, they’ve fostered a relationship built on trust and candidness.  

“The quality of the people I’ve worked with… I can’t say how much of a plus that’s been for me,” said Maddux. “I also appreciate that U.S. Bank is financially sound. I feel like the bank has great financial controls, which allow for stability and excellent rates.” 

The Maddux’s relationship with U.S. Bank runs deep – spanning 85 years, generations of Maddux family members and bankers, and early evening tours of the Maddux operations with Tim Welsh, vice chair of Consumer and Business Banking at U.S. Bank. 

“To be a part of the conversations that are having real impact on our clients’ businesses, families and livelihoods, that is a real honor our bankers do not take for granted,” said Welsh, who visited the Maddux family at their operations in Imperial, Nebraska, which is about a three-hour drive from Denver. “For John and the Maddux family, that drive for success and enthusiasm for their business is awe-inspiring. To be able to play even a small part in powering their potential, that is what a purpose-driven approach is all about and you can’t ask for much more than that.” 

For Maddux, the future looks bright. While he’s had to decrease his herd size to reduce costs due to lack of rain in 2022, he is positioning the company to grow its herd in 2023.  

“We’re preparing to skew our herd toward more heifers, which help feed our country and grow the business,” said Maddux. “We will get rain. It’s just a matter of when and where.”