NEWS

U.S. Bank expands Arizona presence with new Scottsdale location

August 26, 2025

Bankers at the recent grand opening celebration of the new Scottsdale location.

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.

photo of exterior bank branch
The new Scottsdale branch.

“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:

  • Bankers equipped with mobile tablets
  • Customer support stations that provide space for one-on-one conversations
  • Engagement offices that provide a space for more in-depth conversations
  • In-lobby, drive-up and walk-up ATMs
  • Full-service drive-up

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.”

Phoenix by the numbers:

U.S. Bank branch footprint:

  • Branches: 49, with 6 new branches opened, or scheduled to open, from 2024-26
  • ATMs: 60+

Customer base:

  • Total: 347,000
  • Business customers: 27,000

Summary of deposits (as of 6/30/24, most recent available):

  • FDIC rank by market share: fifth

SBA lending for Arizona (2024 fiscal year):

  • Total SBA loans: 89
  • SBA loan total: $24.4 million

U.S. Bank Foundation and corporate giving in 2024:

  • Total contribution: $1.2 million
  • Employee volunteerism: 5,600 hours

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Disclosures

Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

Loans and lines of credit are offered by U.S. Bank National Association. Deposit products are offered by U.S. Bank National Association. Member FDIC.