MINNEAPOLIS–(BUSINESS WIRE)–Feb. 11, 2015– U.S. Bank has named Amy Hurd head of its in-store and on-site banking division, as Chuck Stroup has announced that he will retire in the spring of 2015. U.S. Bank has the largest in-store and on-site branch network in the country, with 873 branches at grocery stores, airports, corporate and college campuses.
“In-store and on-site banking is an important part of U.S. Bank’s branch strategy, which is popular with customers because it brings banking to them whether at work, while grocery shopping or at school,” said John Elmore, vice chairman of consumer banking and branch delivery for U.S. Bank. “We thank Chuck for his 28 years of contributions to our company, and congratulate Amy on this well-deserved promotion. We look forward to her leadership in this role.”
Hurd has more than 20 years of experience in the banking industry, having started her career as a part-time teller at Great Financial Bank in Louisville, Kentucky, while she was in college. U.S. Bank acquired Great Financial in 1998. With U.S. Bank, Hurd has worked her way up in branch, district and most recently regional manager positions for its in-store division. Hurd is also a visible leader in the community and banking industry, having been on U.S. Bank’s Most Powerful Women in Banking team, active in the philanthropic Women Influencing Louisville organization and leads an internal women’s leadership program that focuses on professional development of bankers within the in-store division.
Stroup will retire early in the second quarter after a 28-year career with U.S. Bank, during which time its in-store and on-site division grew tremendously. Stroup took over in 1996 when it had just 16 of these branches. Prior to this role, Stroup held various senior roles with U.S. Bank and previously was head of retail banking for Kentucky National Bank, which U.S. Bank acquired.
About U.S. Bank
U.S. Bancorp (NYSE:USB), with $403 billion in assets as of December 31, 2014, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,176 banking offices in 25 states and 5,022 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com or on Twitter at @usbank_news.
Source: U.S. Bancorp
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report or Form 10-K for the most recently ended fiscal year.