U.S. Bank partners with Milwaukee to stabilize neighborhoods
U.S. Bank, working with the City of Milwaukee, established a $1 million U.S. Bank Community Restoration Fund to purchase and rehabilitate properties in the city’s Neighborhood Stabilization Program (NSP) zones. The fund provides short-term, low-rate financing to smaller developers and includes up to $15 million in single-family mortgages. Left to right: Lisa Glover, U.S. Bank Executive Vice President and Director of Community Affairs; Developer Cindy Kuhs, Kuhs Quality Homes, Inc.; Milwaukee Mayor Tom Barrett; Milwaukee Redevelopment and Special Projects Manager Maria Prioletta.
U.S. Bancorp and our employees step up, give back
U.S. Bancorp is known as much for its commitment to our communities, our employees — and our planet — as we are for our outstanding financial results. We take being good stewards and good citizens very seriously, and we embrace the responsibility to give back and support a wide variety of worthwhile efforts that make our communities stronger. We want each customer and each employee to live and work in a vibrant community. We know that it’s the right thing to do and also know that when we help our communities, we help our company as well.
U.S. Bancorp fully supports the volunteer efforts of our 63,000 employees; we encourage their participation and support them with paid time off to volunteer. Our new online volunteer site gives employees easy access to local volunteer opportunities and our 59 local Development Network chapters emphasize and organize community service events. In our Dollars for Doing program, we donate a “match” of employee volunteer hours at $5 per hour up to 40 hours. In 2011, our employees volunteered 141,167 total hours in our communities.
Our own taking care of our own
One of the programs we’re most proud of is our Employee Assistance Fund. Since it was created in 2008, more than $2 million has been contributed by employees to help their fellow employees in times of exceptional financial need. The Fund has made more than 300 grants totaling more than $1 million.
U.S. Bancorp Foundation
In 2011 U.S. Bancorp donated $46 million to strengthen our communities. These grants, contributions and nonprofit sponsorships supported economic development, arts and culture, education, and local United Way campaigns across our franchise.
U.S. Bank wins the 2011 Spirit of America Award from United Way
U.S. Bank hires, supports and
honors heroes
In November, G.I. Jobs magazine named U.S. Bank one of the Top 100 Military Friendly Employers®. The list, drawn from a sample of approximately 5,000 companies, was created based on specific criteria, including the strength of military recruiting efforts, the percentage of new hires with prior military service, and company policies toward National Guard and Reserve service.