News

U.S. Bank names Jimmy Whang
head of Commercial Products 

June 28, 2023

Whang to lead fixed income, capital markets and working capital finance businesses 

U.S. Bank today announced that Jimmy Whang has been named the head of its Commercial Products group, effective June 30. In this role, Whang will lead Fixed Income and Capital Markets (Capital Markets and Sponsor Finance; Credit Fixed Income; Structured Credit; Derivatives; Foreign Exchange; Municipal Products; and ESG strategies) and Working Capital Finance (Asset Based Finance; Global Trade and Supply Chain Finance).

“Jimmy has an exceptional track record of anticipating needs and partnering with our clients – corporate and midsize, sponsors, government and not-for-profit – on finance solutions that help them succeed,” said Stephen Philipson, head of Global Markets and Specialized Finance. “With Jimmy’s leadership and focus on delivering best-in-class products and expertise to our clients, we’ll continue to grow this important business, which now ranks among the top banks in bond and loan underwriting, as well as interest rate and currency hedging for corporations.”

Whang, who joined U.S. Bank in 2009 and helped it become one of the top originators of investment-grade bonds, most recently served as head of Credit Fixed Income, Municipal Products, and Structured Credit. In this role, he oversaw the bank's corporate and municipal bond origination, sales, and trading activities. Additionally, he was responsible for structured credit products, including asset backed securities, collateralized loan obligations, and subscription finance. Before joining U.S. Bank, Whang had senior roles at top financial institutions in both New York and Charlotte. Today, he is based in Charlotte, where U.S. Bank has a significant presence.

Whang replaces Stephen Philipson, who was recently promoted to a new role overseeing Global Markets and Specialized Finance (GMSF). In addition, Philipson was elevated to the U.S. Bank Managing Committee, its senior-most leadership group. GMSF includes the following businesses: Commercial Products, Global Corporate Trust and Custody, U.S. Bank Equipment Finance, and U.S. Bancorp Asset Management.

GMSF is part of U.S. Bank’s Wealth, Corporate, Commercial and Institutional Banking (WCIB) organization. One of the core business lines at U.S. Bank, WCIB also includes Commercial Banking, Commercial Real Estate, Corporate Banking, Global Fund Services, and Wealth Management. The business line is led by U.S. Bank Vice Chair Gunjan Kedia.

# # #

Contact:

Todd Deutsch, U.S. Bank Public Affairs & Communications

todd.deutsch@usbank.com | 612.303.4148


About U.S. Bank

U.S. Bancorp, with approximately 77,000 employees and $682 billion in assets as of March 31, 2023, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. Union Bank, consisting primarily of retail banking branches on the West Coast, joined U.S. Bancorp in 2022. U.S. Bancorp has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2023 World’s Most Ethical Companies.

More stories

Cleveland food truck owner grows business with help from business access advisor

Carter’s BBQ is now an award-winning operation with plans to sell packaged seasonings and sauces

Protecting our elders: A family’s experience with elder financial fraud

Becoming more open about finances has helped the family avoid falling victim again

Act now to jump-start 2025 savings goals

New digital tool enables U.S. Bank clients to be proactive about saving by pre-committing

Preserving culture and community in San Francisco’s Mission District

U.S. Bank invests in historical neighborhood by supporting nonprofit MEDA

Kristy Carstensen takes over as leader of U.S. Bank Global Treasury Management

Five-time American Banker Most Influential Women in Payments honoree will also lead bank’s commercial prepaid card business

U.S. Bank unveils two new Business Access Hubs in California

The private-public partnership launched in Southern California in November

Give yourself the gift of rewards this holiday – and all year long

Chris Roncari, head of Product and Experience for U.S. Bank Retail Payment Solutions, shares insights on how to make credit card purchases more rewarding.

U.S. Bank launches new Travel Center with Booking.com for credit cardholders

New travel platform for credit cardholders elevates U.S. Bank Travel Center with Booking.com as a preferred choice for cardholders  

Impact Finance capital investment helps Houston White brew holiday blends

The Get Down Coffee Company brown sugar banana and sweet potato latte K-Cups are hitting national retail shelves

Renewable energy tax credit deal expected to create more than 200 jobs

Impact Finance recently closed its first 45X deal, with more in the pipeline

U.S. Bank unveils industry-leading card, savings combination

Introducing two new U.S. Bank Smartly® products designed to work together

New flagship branch program celebrates Chinese cultures

Branches in Chicago, San Francisco, Seattle and Southern California recognized.

Reflecting the communities we serve

U.S. Bank launches military flagship branch program in Tacoma, Washington.

Behavioral scientist works to help customers solve problems, reach goals

Yasmin Ghodse-Elahi focuses on ways U.S. Bank can help customers close the gap between intention and action

Building excellent customer experiences – by design

A Q&A with Caleb Schmidt, head of Experience Design

U.S. Bank Mobile App continues to win accolades, add new features

Ranked #1 by a consensus of benchmarking firms, the app just keeps getting better – and extending its lead.

U.S. Bank Freight Payment Index: Volume, spend decline at slower pace

Third quarter marked the ninth consecutive quarterly decrease in shipments, but smallest drop in more than a year

U.S. Bancorp shares planned leadership, structural changes for payments business

Reporting alignment for CFO also moves to CEO

Double Bonus Days give the gift of double rewards

U.S. Bank cardholders can double their rewards on Black Friday

Amid record usage, U.S. Bank mobile check deposit named best in class

The continually improving feature is one of many ways that we have served customers amid the pandemic.

U.S. Bank launches industry-leading video banking options for customers

New live video enhancements give customers support and guidance from their local branch banker, wherever they are.

Bringing innovation to the age-old topic of ethics

How the global chief ethics officer for U.S. Bank is leading the way

U.S. Bank grows beyond branch markets

Access to products and services continues to expand

The branch recycling option keeps cards out of landfills

The branch recycling option keeps cards out of landfills

Meet the former counselor helping to bring digital accessibility to the bank

Abby Losordo uses her background as a counselor and cancer patient navigator to help ensure U.S. Bank digital tools are accessible to everyone, including those who use assistive technology

SBA lending surges at U.S. Bank in fiscal year 2024

The bank tallied $708.2 million in Small Business Administration 7(a) loans, up 74 percent from fiscal 2023

Q&A: How a new U.S. Bank lending program is helping diverse business owners

Small businesses are eligible if they are at least fifty-one percent owned and operated by one or more individuals who self-identify as a woman, minority, and/or veteran

Small business owner invests in North Minneapolis through new venture

U.S. Bank provided an SBA loan to support Teto Wilson’s vision of bringing a ‘swanky’ dining and entertainment space to the area

New U.S. Bank branch celebrates Pride and previews the future of banking

The branch is located in the first officially recognized LGBTQ+ neighborhood in the United States.

Sacramento branch manager discovers career in banking on her journey to U.S. citizenship

At U.S. Bank, Brenda Aranda found a workplace and culture that values wellness and work/life balance.

U.S. Bank goals coaches offer advice to help college students hit their targets

The coaches cover topics today’s students are asking about the most

Kansas City father invests in his family’s future through homeownership

The Kansas City Business owner ‘makes friends, not customers’ at his breakfast spot and creamery

U.S. Bank Global Fund Services names head of relationship management for ETFs

Lisa Korbas will be responsible for developing, maintaining and executing relationship strategy with a focus on client satisfaction for ETF clients

Business Access Advisor has the blueprints for building small business success

From a woman-owned construction company to a community-focused café, Delphine Pruitt is here to help Southern California businesses and communities flourish

Focus on Hispanic community fuels success of Colorado barbershop

Husband and wife owners of Durango Barber Salon worked with U.S. Bank to achieve their dreams

U.S. Bank offers Paze for cardholders and merchants

The company delivers the new online checkout solution to anyone looking to check out with Paze

U.S. Bank now offering CSD functions for securities issued in France

Enhancement adds local paying agency capabilities for European debt capital markets

73% of small businesses have grown despite labor challenges, U.S. Bank finds

Small business owners are embracing digital tools and AI/automated solutions to help their businesses run more efficiently

Meet the Wealth Management vice president who also trains service dogs

Jolene Jackelen has volunteered with Helping Paws MN for 15 years, helping make the world more accessible for people with physical disabilities and post-traumatic stress disorder

U.S. Bank opens first LGBTQ+ flagship branch in Arizona

The bank’s newest LGBTQ+ flagship continues commitment to enhance customer experience for the diverse communities it serves

U.S. Bank honors small businesses’ grit, creativity during Small Business Month

#SinceDay01 celebrates the journey and ambition of small businesses.

U.S. Bank acquires healthcare payments platform Salucro Healthcare Solutions

Acquisition further expands bank’s focus on healthcare industry

U.S. Bank continues supporting Girls Who Code to close gender gap in technology

A recent Atlanta event helped jumpstart tech careers for young leaders

Freight Payment Index: Less contraction, regional bright spots in second quarter

Truck freight shipments increase in West, Northeast and Southeast regions compared to first quarter

U.S. Bank introduces automated, end-to-end supplier accounts receivable platform

Advanced Receivables transforms the payment process for suppliers to reduce costs, improve payment experiences and accelerate cash flow

Kansas City burger joint goes from all cash to accepting cards with Elavon

HiBoy Drive-In owner says providing more payment options has helped him retain customers

Sisters work to bring families, community together with their barbecue sauces

California Bay Area condiment company gets a boost from U.S. Bank and Working Solutions CDFI

Supporting sustainable homeownership through Housing Finance Agency partnerships

U.S. Bank partners with 40+ government agencies to originate and service HFA loans designed to address first-time homebuyer needs

Wealth Management head discusses No. 1 ranking in J.D. Power investor satisfaction study

Scott Ford talks about clients’ biggest needs right now and what sets U.S. Bank apart

Diversity Lending Program helps entrepreneur grow business, hire more employees

Arkansas-based TechKnow 123 owner has gone from one employee to 10 with help from the U.S. Bank program

Empowering more families to teach kids about money with Greenlight

New partnership brings complimentary access to Greenlight debit card and financial literacy tools in the U.S. Bank Mobile App

Touch, tap or slide – make every transaction with Pride

An updated Pride card design celebrates the LGBTQ+ community

Bringing ‘Cash Visibility’ to money movement from armored carriers to customers

How U.S. Bank is helping lead an industry-wide initiative to bring visibility to the cash supply chain

Visa and U.S. Bank launch new ad campaign with Team Visa Athlete Simone Biles

The decorated athlete shares how fans can use the ® U.S. Bank Cash+ Visa Signature® card for virtually everything

Three U.S. Bank small business clients among winners of Sacramento SBA awards

The 2024 Sacramento District Small Business Week Award Winners included Asian Resources Inc, COLETTI and Vantage Point Center for Psychotherapy

Team helps international college students navigate U.S. banking system

Campus Banking program serves students from around the world at universities across the United States

Longtime bank client has grown while protecting the environment

Napa Recycling processes 300,000 tons of organic waste and 60,000 tons of recyclables annually

New TravelBank feature lets travelers keep an eye on their environmental impact

Corporate travelers booking through TravelBank can now compare flights using advanced carbon dioxide performance metrics

Owner of popular SoCal Latin food chain drives growth, eyes national expansion

Since buying the Amapola Market chain in 2021, Rolando Pozos has increased its employee base and product offerings

Mortgage team sees demand for new build homes, latest design trends

At the NAHB International Builder Show, color, technology and outdoor living took center stage

U.S. Bank, Levantor Capital team up to expand working capital financing options

Clients benefit from additional tools to manage trade with growing supplier networks

SXSW 2024: Trend watch from U.S. Bank experts

Innovation team members report back from annual technology, business and culture gathering in Austin, Texas

T+1: One less settlement day = giant leap for faster trades

Jeff Kerr, co-head of U.S. Bank Global Corporate Trust and Custody, shares his perspectives on what this required regulatory change means for everyone in the custody chain

Survey: strong payments strategy can support business resilience

Finance leaders are preparing for growth, research says

Spanish Smart Assistant is increasing access and empowering clients

Asistente Inteligente de U.S. Bank has enabled Spanish-speaking clients to bank by voice in their preferred language

U.S. Bank expands client access to personal loans

Innovative tech collaboration with Pagaya helps more borrowers qualify

Truck freight market ends 2023 with double-digit drops in volume, spending

Fourth quarter shipments down 15.7% compared to same period a year earlier, while spending by shippers dropped 13.5%

Gurneys with built-in scales take guesswork out of emergency medical care

U.S. Bank client Hinckley Medical created the scales to weigh patients in ambulances in order to determine accurate medicine dosages

How PFM Asset Management gives ‘something extra’ with CIO outsourcing services

Jim Link talks about why clients are increasingly opting to outsource the role of chief investment officer

Helping Americans understand benefits of saving tax refunds, cash bonuses

U.S. Bank kicks off financial education campaign to help clients save in the New Year

U.S. Bank Innovation team explores the future at CES 2024

Team shares technology trends, highlights from the world’s largest consumer technology show

Video: U.S. Bank Innovation team embarks on ‘future safari’ to CES 2024

At the world’s largest consumer technology tradeshow, the U.S. Bank team looks for technologies and trends that will shape the future and improve customer experiences

Chief investment officer provides 2024 investment outlook

Eric Freedman talks about what his team is focused on, what will happen with interest rates and where investors should be putting their money now

U.S. Bank awards first-ever Boundless Potential Award to two small businesses

Taqueria Durango, a Mexican restaurant in St. Louis, and Interfaith Dental, a nonprofit dental clinic in Nashville, were honored for serving those in need around them.

Looking back: Our favorite Company Blog stories of 2023

Before the new year brings a new harvest of stories, here’s a roundup of five memorable pieces from the year that’s ending

Helping nonprofits make a positive impact in their communities

Healthcare banking leader Katie Miller talks about the importance of service in a time of change

San Diego burger joint turns TV spotlight into long-term business success

U.S. Bank client Hodad’s burgers continues to ride wave launched by appearance on Diners, Drive-Ins and Dives

Cookie dough company grows from classroom project to real-world success

Seattle-based Sugar + Spoon has enjoyed sweet returns with help from U.S. Bank

A new purpose for a hidden treasure uncovered at a U.S. Bank building

The 1980s replica of a Model A donated by U.S. Bank to Camp Courageous to support the nonprofit’s annual auction at their Pineapple Gala

Banker leads volunteers who crochet Disney-themed wigs for child cancer patients

Magic Yarn Project leader helps oversee donations of thousands of princess- and superhero-themed wigs and character beanies each year

U.S. Bank unfurls a fresh debit card design in time for Veterans Day

New American flag image adds a second patriotic option to the range of debit card design choices

Access Home Loan helps mother of four become homeowner

Milwaukee resident Melody Jones recently purchased the home she has rented for 15 years

Personal finance 101 comes to the University of St. Thomas

U.S. Bank and a Minnesota college embrace financial well-being, from scholarships to a dedicated goals coach

Bank leader McNeill honored for work to increase military homeownership

U.S. Bank was also recognized for diversity efforts in home lending

Elavon announces partnership with Virgin Atlantic

Agreement covers a range of payment services for the global airline

U.S. Bank announces Double Bonus Days in time for holiday shopping

Cardholders can use their cards to double their rewards from Nov. 30-Dec. 3

U.S. Bank extends lease on downtown Minneapolis headquarters

U.S. Bancorp Center has been the bank's headquarters since 2000

Now-thriving SoCal cleaning service grew in part thanks to special financing

Financial support from the U.S. Bank Access Fund helped Angy’s Angels Cleaning Service grow to nearly 50 employees

U.S. Bank Foundation launches $75 million Opportunity Fund

The fund aims to address wealth gaps and increase opportunities for underserved communities

New tools can help student loan borrowers save time and money

Collaboration with Payitoff provides access to guidance on federal repayment plans

What homeownership means for one Habitat family, five years later

Five years after closing on her Habitat-built home, Ambera Pruitt talks about how homeownership has reshaped her life

Powering business operations with the new talech Terminal

Q&A with Tim Schweitzer, vice president of Product Management for talech Terminal

Money.com ranks U.S. Bank in top 5 for student banking

U.S. Bank Smartly Checking account has been recognized for students on a budget

U.S. Bank Smart Rewards® benefits expand

It’s now even more rewarding to be a U.S. Bank Smartly Checking® client

U.S. Bank Business Access Advisor program expands into Hispanic market

Colorado-based Chio Scott is the first of many Business Access Advisors to come as part of the expansion of Access Commitment® to the Hispanic market

Helping wealth and family business transfers proceed drama-free

Thomas Thiegs, senior legacy and leadership consultant, helps Ascent client families work on some of their most important life goals

Bank leaders support corporate treasurers during foreign exchange volatility

Mary Henehan and Paula Comings work together to help companies understand and manage their foreign exchange exposure

Love of the game drives employee to compete in Beep Baseball World Series

In addition to growing and selling fresh produce for four generations, Tanaka Farms hosts educational and recreational activities for the public and schools, and was recently recognized for its community service

U.S. Bank engineer recognized by NASA for Commercial Invention of the Year award

Adam Sanders applies what he learned building robots to help improve technology at U.S. Bank

U.S. Bank CFO Insights Report: Finance leaders shift to defense mode

Cost control the top priority

Meet the Tennessee wholesaler filling the shelves of Hispanic supermarkets

Cortes Distributors sells more than 1,500 products, from adobo seasoning to Salvadoran bread, available in grocery stores

Love of the game drives employee to compete in Beep Baseball World Series

Accessibility experience designer competed in his fourth National Beep Baseball Association World Series this year

Small business owners share success, resiliency, purpose, challenges they face

U.S. Bank Consumer and Business Banking Vice Chair Tim Welsh shares results of new small business owner perspectives survey

Gamification, rewards part of new personal finance education resources

U.S. Bank brings financial education to the next generation

U.S. Bank unveils Connected Partnership Network

New Partnership Network streamlines connection to payment and treasury management services

Helping the healthcare industry achieve its mission of improving people’s lives

Joe Kight leads the Corporate Banking Healthcare – For Profit division, part of a team that has supported the industry for more than a century

U.S. Bank names Kai Sakstrup chief product officer for WCIB division

Sakstrup to lead innovation across product categories to meet the evolving needs of Wealth, Corporate, Commercial and Institutional Banking clients

U.S. Bank launches new initiative to serve healthcare practices, practice owners

A specialized and comprehensive offering with banking, payments and wealth management for small-to-midsize healthcare practices with up to $25 million in annual revenue

U.S. Bank offers recycled plastic for Altitude Go, plus 100% matching points for charity

U.S. Bank Altitude Go family of brands enhanced with new benefits for cardholders

U.S. Bank names Shruti Patel chief product officer for business banking segment

Patel joins U.S. Bank from Shopify to drive forward the bank’s strategy to deliver an integrated banking, payments and software offering for small business clients

U.S. Bank and Elavon celebrate 30 years with Korean Air

U.S. Bank recently introduced new benefits to its Korean Air SKYPASS Visa program and pays tribute to its longstanding co-brand credit card relationship

San Diego brewery finds ways to stand out in crowded craft beer market

Veteran-owned Protector Brewery is one of a small number of breweries nationwide that make certified organic beer

U.S. Bank introduces Altitude Go Secured and Cash+ Secured cards

Secured cards help build or reestablish credit while earning unlimited points or cash back.

U.S. Bank Mobile App named No. 1 for customer service

Business Insider Intelligence also named the recently rebuilt app No. 2 overall, up nine spots.

Bank gives students time with Junior Achievement as part of Innovation Award

Junior Achievement and U.S. Bank have been connected for decades through volunteer events, grant awards and other partnerships

U.S. Bancorp names Evamarie Schoenborn CEO of U.S. Bancorp Investments

Schoenborn is new chief executive officer of U.S. Bancorp Investments, UnionBanc Investment Services and PFM Fund Distributors

U.S. Bank celebrates 160 years

The bank’s current operating charter was signed in Cincinnati on July 13, 1863.

U.S. Bank launches RV and boat marketplace

Lender is the first to offer direct-to-consumer RV and boat purchasing experience

Branch designer replacing teller lines with collaborative spaces

First-ever interior designer for U.S. Bank branches works to bring relationship-focused experiences to customers.

Oakland restaurant owner learned entrepreneurial skills from parents

U.S. Bank Access Fund aims to support women-of-color microbusiness owners like Cecilia.

U.S. Bank names Jimmy Whang head of Commercial Products

Whang to lead fixed income, capital markets and working capital finance businesses

Small business clients recognized for Small Business Week

These U.S. Bank clients are among those named Small Businesspeople of the Year by the Small Business Administration.

New Commercial Rewards Card designed to help companies manage business expenses

TravelBank-powered Commercial Rewards Card offers a seamless digital experience for middle market companies

Turning a passion for storytelling into a thriving business

Named Business of the Year by the Wisconsin LGBT Chamber of Commerce, Hinckley Productions creates videos for international brands and local small businesses alike.

Through community and trust, Bass Furniture and U.S. Bank invest in Chicago

Bass Furniture is one of the few Black-owned, independent furniture stores in the Midwest

Partnerships with schools help develop next generation of cybersecurity experts

U.S. Bank programs with a college and high school in Ohio give students hands-on experience in information security

U.S. Bank grant, coaching help students achieve educational and financial goals

The grant program aims to help students gain experience and learn new skills to overcome financial challenges

U.S. Bank honors military personnel and veterans with new debit card design

New Sunrise Salute design gives U.S. Bank Visa® Debit cardholders a way to honor the brave wherever they go

Top tips for smooth, secure summer travel

Knowing how and when to use your rewards card might be your key to a happy, hassle-free getaway

J.D. Power ranks U.S. Bank highest in customer satisfaction in California

For the third consecutive year, U.S. Bank receives the prestigious retail banking statewide accolade

High school branch experience gives students confidence in future successes

Students in the California program learn, teach financial education, perform community service

Kyriba and U.S. Bank Accelerate Real-Time Payment Enablement for Businesses

Solution Allows Clients of Both Companies to Easily Send Faster Payments Within Their Existing Kyriba Dashboard

Cobrowse marks three-year milestone with millions of fans

Rolled out in the early stages of pandemic, the customer-centric feature has proven to be extremely popular long-term, with consistently high customer satisfaction scores and new video features

U.S. Bank expands client offerings in Europe with new ETF servicing capability

The bank also secures first ETF European client

Meet the first woman to work in maintenance at U.S. Bank

Cheri Kay Getz landed a role as the first woman in branch maintenance in the early 1980s, proving she could perform the same work as her male colleagues

First woman to lead sales group wants others to follow in her footsteps

Veteran employee aims to bring greater diversity to her team

Using cloud technology to make payments instant and connected

With hackathons, U.S. Bank brings together technologists and business experts to develop solutions that meet client needs.

Technovation partnership inspires careers in STEM

Members of a team that pitched U.S. Bank executives their app ideas in 2018 have gone on to focus on science, technology, engineering and math in their college studies.

Supporting young entrepreneurs one cookie sale at a time with the Girl Scouts

U.S. Bank mobile app, virtual docu-signing among solutions helping Girl Scouts of Northeast Kansas and Northwest Missouri through their busiest time of year

District manager helped blaze the trail for modern branch design

Mariam Abrahams reflects on her leadership path at the bank

Road warriors, rejoice! New U.S. Bank card rewards small businesses for travel

The U.S. Bank Business Altitude™ Connect World Elite Mastercard® provides smart solutions and powerful rewards for growing businesses on the move.

U.S. Bank to offer CLO clients tailored portfolio optimization capabilities

New offering gives collateralized loan obligation clients comprehensive insights for more streamlined and effective trade structuring.

U.S. Bank leader: Union Bank acquisition ‘game-changer’ for California customers

California customers to enjoy greater convenience, improved technology and continued focus on building strong communities, he says.

Branch manager uses cross cultural experience to build team, help customers

Multilingual staff impacts customers and surrounding community.

Mortgage loan originator trainee focused on advancing Black homeownership

U.S. Bank Access Home program aims to bring greater diversity to mortgage teams.

St. Louis banker and entrepreneur build friendship and businesses

Customer with big dreams wants to make a difference in Ferguson, Missouri.

Business Access Advisors help take minority small businesses to the next level

The initiative, launched in 2021 as part of U.S. Bank Access Commitment, has already served more than 1,000 businesses in 2022.

A 136-year ranching legacy lives on in Nebraska with U.S. Bank at its side

The Maddux Cattle Company in western Nebraska has strategically navigated the ups and downs of agriculture for four generations.

Mass Transit Payments is ready for departure

Q&A with Pari Sawant, Elavon’s chief product officer.

New to U.S. Bank? Switch your paycheck direct deposit in minutes

U.S. Bank is first large bank to automate direct deposit switching.

Saving small business owners time and effort to focus on their passion

Deepening business relationships and creating simplicity through digital tools and services.

Rebuilt La Mesa branch opens two years after fire

Union Bank opens new San Diego location with latest banking design elements, sustainability in mind.

Celebrating a technology milestone to help clients

Nearly 10,000 U.S. Bank client accounts migrated to new custody platform.

In a first for a CDFI, Century Housing launches commercial paper program

Sustainability-labeled commercial paper program designed by U.S. Bank will help fund affordable housing developments in California.

U.S. Bank’s first embedded payment solutions as part of Microsoft collaboration

One of the first banks to directly embed its own payment tools within Microsoft Dynamics 365, U.S. Bank delivers easy-to-implement, efficient payment capabilities.

#usbankroadtrip showcases the human side of banking at our branches

Videos from across the country will be released over the next five months on U.S. Bank social media channels.

Videos: U.S. Bank attracting top fintech entrepreneurs with a digital approach

With help from fintech partnerships and acquisitions, U.S. Bank is combining banking, payments and software into a suite of holistic solutions that are delighting customers and driving loyalty.

U.S. Bank Shopper Cash Rewards™ Visa Signature® Card slims wallets, expenses

Shopper Cash Rewards™ Card earns up to 6% cash back on purchases from a choice of two out of 24 retailers.

U.S. Bancorp, MUFG Union Bank Announce Sale of 3 Calif. Branches to HomeStreet

HomeStreet to retain all branch employees and keep branches open.

Bank Smartly brings new approach to checking at U.S. Bank

Program includes access to Smart Rewards benefits based on overall relationship.

Five questions with the head of U.S. Bank Home Experience Studio

Stephanie Wenkel and her team helped create the bank’s digital mortgage portal, which has won accolades for its ease of use for consumers.

U.S. Bank makes it easy for small businesses to project their cash flow

The new online banking tool provides a forecast of account balances up to 90 days ahead, as well as a 90-day historical view, giving clients important information to help plan for their business.

U.S. Bank launches new vehicle shopping, ownership tools

Expanded digital capabilities simplify and streamline the experience.

CRE leader opens doors for clients and communities

Dhiren Patel talks about what drives him – and opportunities for change.

U.S. Bank small-dollar loans help customers in a pinch

U.S. Bank was the first bank of scale to offer a small-dollar loan product to help customers cover an unexpected expense. It’s also leveraging customer engagement with the product to drive financial education.

U.S. Bank and Elavon launch talech Register for small businesses

Next generation Point-of-Sale platform combines unique, pay-as-you-go pricing and ease-of-use to support modern small business owners.

U.S. Bank is on track to continue delivering for short line railroads

The bank proudly supports “the first and last mile of freight.”

U.S. Bank delivers another real-time payment solution to auto dealers

Dealerships can now receive funds from sale instantly, seven days a week.

Downtown Portland welcomes new U.S. Bank branch

New 4th and Montgomery location showcases company’s latest design concept.

Five questions with Anu Somani on instant payments

Somani, who leads the U.S. Bank Payment Innovation Studio, talks about what instant payments mean for businesses and consumers alike.

TravelBank co-founder and CEO Duke Chung on the future of business travel

Business travel is coming back. But filing manual expense reports may not be.

Helping LGBTQ+ jobseekers find inclusive workplaces

U.S. Bank provides volunteers and job opportunities through the San Francisco LGBT Center.

Tennessee town ‘wouldn’t have a movie theater' without U.S. Bank

Newport Cinema 4 survived the pandemic and recently celebrated its 10th anniversary.

U.S. Bank helps farmers navigate the highs and lows to grow their business

Bankers help those in agriculture navigate a financial space shaped by lending and equipment finance as well as trends and market headwinds.

U.S. Bank, LiquidX collaborate to simplify, accelerate supply-chain financing

Integrated solution will unlock valuable working capital while helping to speed transactions and reduce borrowing costs.

A million-dollar leap into the future

On April 18, the size limit on real-time payments increased tenfold, making RTP a viable option for more transactions.

Last of Minneapolis branches damaged in 2020 unrest reopens, brighter than ever

South Minneapolis branch features the bank’s latest look and feel, along with a community room for neighborhood groups and nonprofits.

Mayfield employees embrace the future with branch grand re-opening celebration

Weeklong festivities in tornado-stricken town included surprise deliveries, ribbon cutting and community event.

U.S. Bank, Apex Fintech Solutions to deliver real-time payments to brokerages

Real-time payments solution enables individual investors to move money in and out of their brokerage accounts securely, instantly and 24/7/365.

U.S. Bank lanza el primer asistente bancario de voz en idioma español del país

Estamos haciendo que la banca digital para nuestros clientes de habla hispana sea más fácil y más simple.

Community partnerships, U.S. Bank Focus Card drive affordable banking access

In California and beyond, U.S. Bank and community partners are helping hundreds and thousands of underbanked individuals receive affordable access to banking.

U.S. Bank launches nation’s first Spanish-language voice assistant for banking

We are making it easier and simpler for our Spanish-speaking customers to bank digitally.

Dan Son on how U.S. Bank helps clients tackle today’s supply-chain challenges

The head of U.S. Bank Global Banking talks about the value of change and highlights opportunities for buyers and sellers as we enter a new phase of everyday life.

U.S. Bank expands and enhances U.S. Bank ExtendPay™

Cardmembers can divide their eligible purchases into affordable, fixed monthly payments.

U.S. Bank, Driveway deliver payments instantly to online car sellers

Driveway becomes first online car dealership to pay customers via real-time payments.

U.S. Bank to help clients deliver on ESG data solutions to clients

Global Fund Services leverages Sustainalytics to offer independent ESG analytic and reporting services.

U.S. Bank launches solution with FuelHub to optimize bulk fuel payments

U.S. Bank to pay refiners and wholesalers, provide bulk fuel buyers with extended terms to make payment.

U.S. Bank, Microsoft accelerate the future of banking with cloud computing

Companies join forces to drive U.S. Bank’s transformation to the cloud with Microsoft Azure, build foundation for new experiences for customers and employees.

U.S. Bank, Payactiv unveil new Earned Wage Access solution for employers

Employers who pay wages via U.S. Bank Focus Card can provide employees access to a portion of their earned income instantly.

New survey results underscore the popularity of cobrowse

Customers report 97% satisfaction when using our industry-leading cobrowse feature.

U.S. Bank expands card rewards to put EV charging transactions on par with gas

Cardmembers who receive points for gas station purchases can now earn up to 4x points or 4% cash back for EV charging.

U.S. Bank advances Real-Time Payment solution for convenient consumer bill pay

Consumer availability in Q1 2022 is expected to spur biller use of convenient Request for Payment tool.

With Card as a Service, U.S. Bank sparks more innovation in digital payments

Solution helps businesses instantly provide virtual corporate cards to customers, employees and contractors.

Innovative program builds diverse talent pipeline for U.S. Bank, other companies

Carolina Fintech Hub has placed 113 participants in tech jobs around Charlotte, N.C.

U.S. Bank completes acquisition of PFM Asset Management

As part of the acquisition, more than 250 PFM Asset Management employees have joined U.S. Bank.

U.S. Bank to donate Minneapolis branch to Seward Redesign for redevelopment

The 2800 E. Lake Street property will be redeveloped for housing, commercial and outdoor retail use and arts and cultural spaces.

U.S. Bank honored for innovating to meet client payment needs with Instant Card

2021 Impact Award in Product Development awarded to the company by the Aite Group.

U.S. Bancorp to acquire TravelBank, an expense and travel management solution

A leader in corporate payment solutions, U.S. Bank integration with TravelBank’s platform provides customers an end-to-end expense, travel and payment program.

U.S. Bank brings the power of Request for Payment to billers

Businesses can now offer this simple, secure, real-time payment option to their customers.

U.S. Bank and Kroger Co. offer new credit card rewards and fuel discounts

Kroger Rewards World Elite Mastercard® gives cardmembers savings of 25¢ off per gallon of fuel plus 5% back on mobile wallet spend.

U.S. Bank and State Farm® offer customers new business banking products

First-of-its-kind arrangement expands alliance between U.S. Bank and State Farm.

How U.S. Bank built a world-class digital accessibility practice

We’re creating an industry-leading experience for people with disabilities.

U.S. Bank announces new cryptocurrency custody services for institutional investment managers

NYDIG will act as sub-custodian.

U.S. Bank Recognized for Supporting Small Businesses

U.S Bank unveils U.S. Bank Nuestra Herencia™ Visa® Debit Card and donates $200,000 to The Cheech Marin Center for Chicano Art & Culture of the Riverside Art Museum and Artist In Residence Program.

U.S. Bank named best big bank in 16 states by Newsweek

Banks evaluated on customer service, savings and checking accounts, and digital tools during COVID-19 pandemic.

U.S. Bank celebrates expansion into Charlotte and its 26th state

The new branch featured a team of bankers and the latest technology.

U.S. Bank acquires talech

Businesses gain simplicity, efficiency and ability to compete in rapidly-growing digital marketplace.

U.S. Bank to acquire small business payments software company, Bento Technologies

Continues expansion of world-class digital capabilities for small businesses.

U.S. Bank initiative with CDFIs will invest in developers of color

Grants to CDFIs will provide technical assistance to real estate developers of color.

U.S. Bank, Enterprise Community Partners announce innovative racial equity bond

The $30 million bond will support housing developers of color.

U.S. Bank announces acquisition

U.S. Bancorp Asset Management will acquire PFM Asset Management.

U.S. Bank provides update on commitment to addressing economic inequities

In the aftermath of George Floyd’s killing in Minneapolis a year ago, our company committed to several initiatives to address social and economic inequities.

Meet Felicia La Forgia, head of U.S. Bank Corporate Banking

New York City leader talks about her immigrant parents’ influence and her new role at one of the largest banks in the United States.

For Juneteenth, heed ‘Separate and Unequal’ warning and move forward together

Our Chief Diversity Officer Greg Cunningham reflects on the historic Kerner Commission – and expresses optimism that this time will be different.

Get to know Hassan Salem, the new head of Commercial Banking at U.S. Bank

Based in Denver, the ski industry expert and theater fan leads a national team serving middle market clients.

U.S. Bank details new cryptocurrency offerings

We’re launching three new initiatives to meet growing needs of clients.

U.S. Bank investing in currency management provider Lumint

Earlier this year, we launched a new passive currency hedging service powered by Lumint technology.

U.S. Bank launches VantagePoint Accounts Receivable Matching

This feature further enhances our leading corporate accounts receivable automation service.

U.S. Bank appoints Marcus Martin head of ESG for Fixed Income & Capital Markets

Martin brings twenty years of industry experience and an established record of success.

Milwaukee developer Brandon Rule aims to help close the racial wealth gap

As part of broad commitment, U.S. Bancorp Community Development Corporation is working to deepen relationships with Black developers.

Barron’s names Gunjan Kedia to 100 Most Influential Women in U.S. Finance

Kedia is vice chair of Wealth Management and Investment Services at U.S. Bank.

This U.S. Bank branch on wheels brings new meaning to mobile banking

When disaster strikes, our Mobile Financial Center ensures customers have access to essential banking services.

U.S. Bank first to offer new AI-powered savings feature

The patented Pay Yourself First feature gives customers intelligent recommendations to increase savings.

State Farm® and U.S. Bank unveil new consumer and business credit cards

State Farm customers can receive cash back on insurance premium payments and the things they buy every day.

U.S. Bank launches Simple Loan to meet customers’ short-term cash needs

Customers can borrow between $100 and $1,000 with no hidden fees.

U.S. Bank Voyager Fleet Program expands to government agencies, schools, more

Our contactless payment solution is now available through Sourcewell.

U.S. Bank customers embrace faster, simpler way to open digital accounts

Digital checking account openings up 200% year-over-year following launch of new application experience.

U.S. Bank commits $116 million to address social and economic inequities

We’re also rebuilding in our hometown Minneapolis to continue to support customers.

U.S. Bank announces several key leadership changes

The executive appointments further our commitment to people, diversity, equity and inclusion, and business transformation.

U.S. Bank adding retail banking to Charlotte presence in 2019

The first branch to be located at 201 S. Tryon Street in historic Uptown area.

State Farm and U.S. Bank announce strategic alliance

State Farm and its affiliates are the largest providers of auto and home insurance in the United States.

New ranking says U.S. Bank has been most essential bank amid COVID-19 pandemic

The Harris Poll ranking polled Americans on resolve, trustworthiness, responsiveness and permanence.

More than 75,000 small businesses secure PPP loans through U.S. Bank

Loans have the potential to support more than 800,000 employees across the country.

Introducing the U.S. Bank Smart Assistant

A unique voice-forward approach will give customers a simplified, intuitive way to bank unlike any other – just ask.

USBCDC finances $50 million in capital to CDFIs amid pandemic

The seven CDFIs receiving capital are across the country.

What the ADA anniversary means to me

Accessibility consultant Christina Granquist shares how designing for disabilities shaped the new voice assistant in the U.S. Bank Mobile App.

Introducing U.S. Bank Access Commitment

It is a series of initiatives across the business to increase wealth building opportunities, starting with the Black community.

1992 kicked off years of rapid change at U.S. Bank

Our Minnesota-based company, and banking itself, looked very different the last time the big game came to town.

100 million transactions later, debit card proves to be a point of Pride

The community-inspired card design empowers customers to turn simple payments into meaningful actions.

Veteran organization finds support, and saves funds with the U.S. Bank team

For nonprofit organizations like the Marine Corps Coordinating Council, the dollars saved with U.S. Bank products make a difference in serving their community

U.S. Bank CFO Survey: Corporate finance leaders tighten belts amid uncertainty

Survey of more than 2,000 U.S. corporate finance leaders revealed the top two priorities are cost control within finance function and across the business

Media center

Press contact information, latest news and more

Learn more

Company facts, history, leadership and more

Work for U.S. Bank

Explore job opportunities based on your skills and location