NEWS
The bank is in the process of opening six branches in Phoenix area from 2024 to 2026
U.S. Bank recently celebrated the grand opening of its new Raintree and 101 branch in Scottsdale, Arizona.
The branch is the second new Phoenix-area location opened in the past year for U.S. Bank, joining the Higley & Michelle branch in Gilbert that opened in 2024. U.S. Bank plans to open one additional branch in south Phoenix in 2025, with more branch openings planned in 2026.
The increasing U.S. Bank branch footprint is part of an initiative to expand the bank’s presence in the market in the coming years. As Phoenix continues its rapid growth, U.S. Bank is expanding its workforce and capabilities in each of its business lines to better serve customers.

“We’re thrilled to bring our new relationship-focused design to the Scottsdale community with this beautiful new building,” said Stephanie Cisneros, Arizona and Nevada branch banking market leader at U.S. Bank. “Everything about its design provides a more modern banking experience to help prepare clients for whatever is next, allowing our bankers to better interact with our customers and meet their needs more efficiently.”
Inside the branch, customers will experience advancements designed to deliver a digital-first approach that hinges on human interaction:
Additionally, customers also have access to specialists in business and commercial banking, wealth management, and mortgage services.
One of the signature features of the branch is a community room available for use by customers, including nonprofit and small business customers, to hold gatherings and meetings. The space can be booked after branch hours and is equipped with a kitchenette and restroom for added convenience.
“Investing in our branches is investing in the communities we serve, and here at U.S. Bank, we are making notable branch and community investments in Phoenix and across our footprint,” said Jeff Lewis, Branch and Small Business Banking west regional executive. “We are proud to be part of Phoenix and its future, and incredibly honored to be a part of the lives of our customers in the Phoenix area.”
U.S. Bank branch footprint:
Customer base:
Summary of deposits (as of 6/30/24, most recent available):
SBA lending for Arizona (2024 fiscal year):
U.S. Bank Foundation and corporate giving in 2024:
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