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TheStreet Open House

U.S. Bank Ranked In Top 100 Military Friendly Employers® By G.I. Jobs Magazine

Stocks in this article: USB

G.I. Jobs Magazine has named U.S. Bank one of the nation’s Top 100 Military Friendly Employers® for the third consecutive year. The 2014 Military Friendly Employers® represent those companies with the strongest military recruiting programs and meaningful job opportunities for transitioning service members and spouses seeking civilian employment. The ranking is featured in the December issue of the magazine, and online at www.militaryfriendly.com.

U.S. Bank surpassed its goal of hiring 1,000 military veterans since January 1, 2012. So far, U.S. Bank has added 1,116 veterans to its roster since Jan. 1, 2012, and now employs approximately 2,000 veterans nationwide.

In addition, Military Spouse magazine ranked U.S. Bank in the Top 50 Military Friendly Spouse Employers. This honor recognizes the efforts of companies to support military spouses. For example, U.S. Bank gives special consideration to employee requests for internal transfers made necessary by re-assignments of spouses who are serving in the military.

“We're honored to be recognized for our efforts to support servicemembers, veterans and their spouses,” said Richard Davis, chairman, president and chief executive officer of U.S. Bancorp (NYSE:USB), the parent company of U.S. Bank. “These heroes bring an incredible work ethic and dedication to our customers and communities everyday, and we're proud to call them our fellow bankers and colleagues.”

U.S. Bank’s military-friendly and spouse-friendly efforts include:

  • implementing several recruiting and training programs specifically for veterans through its Proud to Serve program ( http://proudtoserve.usbank.com) which helps service members identify areas at U.S. Bank where their skills and interests might be a match;
  • launching and successfully operating a Military Leader Development Program;
  • enhancing its HR policies, including offering newly hired veterans extra paid time off to participate in re-integration activities or attend to service-related medical issues. U.S. Bank’s industry leading military leave policies exceed state and federal standards;
  • offering eligible employees up to two weeks paid leave in connection with a family member's military service; and
  • operating the U.S. Bank Military Service Center, a dedicated customer service line for military members and their families. The center is staffed with bankers familiar with the Servicemembers Civil Relief Act, as well as the unique financial circumstances faced by members of the military and their families.

About U.S. BankMinneapolis-based U.S. Bancorp, with $361 billion in assets as of September 30, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The Company operates 3,088 banking offices in 25 states and 4,937 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.

About Victory MediaPublisher of G.I. Jobs, Victory Media is a service-disabled, veteran-owned small business serving the military community since 2001. Additional information can be found at VictoryMedia.com. Victory Media’s data-driven Military Friendly ™ lists are published in G.I. Jobs, Military Spouse, Vetrepreneur magazines, republished in periodicals like USA Today, Wall Street Journal, Fortune, Forbes and are frequently cited on national TV programs such as CNN, CNBC, NBC, Bloomberg News, Fox News and others.



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