U.S. Bank Earns National Recognition for Its Support of the Arts
October 08 2015 - 10:30AM
Business Wire
U.S. Bank has been honored by Americans for the Arts with the
BCA 10: Best Businesses Partnering with the Arts in America for
2015. The BCA 10 recognizes businesses that demonstrate exceptional
commitment to the arts through grants, local partnerships,
volunteer programs, matching gifts, sponsorships and board
membership.
“The arts are important to our collective human spirit, but
they’re also essential to building a healthy business community,”
said Richard Davis, chairman, president and chief executive officer
of U.S. Bank. “Communities that have a strong foundation in the
arts naturally create fertile ground for job creation and business
development. It is for all these reasons that U.S. Bank has been
and continues to be a dedicated supporter of the arts.”
Over the past 5 years, U.S. Bank has awarded more than $15
million to the arts in the form of the U.S. Bank Foundation grants.
In 2014 alone, nearly $4 million of the foundation’s annual
financial contributions were directed towards the arts, and
primarily to organizations that use the arts to help address
community concerns.
Two examples of U.S. Bank’s investment in action are in Denver
and Portland, Oregon. U.S. Bank was one of the few organizations
that committed to bring the Clyfford Still Museum to life in
Denver. The bank’s early commitment to support the museum helped
make it a reality. In Portland, U.S. Bank’s $1 million gift to
Portland Center Stage allowed one of the city’s premier theater
organizations to pay off debt related to the restoration and
renovation of their historic building.
The Business Committee for the Arts (BCA) is a division of
Americans for the Arts. The BCA 10 Awards were presented on October
6, 2015 in New York.
About U.S. BankU.S. Bancorp (NYSE: USB), with $419
billion in assets as of June 30, 2015, is the parent company of
U.S. Bank National Association, the fifth-largest commercial bank
in the United States. The company operates 3,164 banking offices in
25 states and 5,020 ATMs and provides a comprehensive line of
banking, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the
web at www.usbank.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151008006077/en/
Teri Charest, U.S. Bank Corporate Communications(612) 303-0732,
teri.charest@usbank.com
US Bancorp (NYSE:USB)
Historical Stock Chart
From Apr 2024 to May 2024
US Bancorp (NYSE:USB)
Historical Stock Chart
From May 2023 to May 2024