U.S. Bank (NYSE:USB) is continuing to expand its business banking presence nationally, adding new bankers in Florida, Georgia, Texas and Arizona who serve businesses with annual sales between $2.5 million and $50 million.
The growth in Florida and Georgia marks the first time the bank has placed business bankers in those two states, the latest step in U.S. Bank’s strategy to support clients outside its traditional 26-state branch footprint.
The bank also is expanding in Texas, another state outside its branch territory, by adding more bankers in Dallas following last year’s launch of a business banking team in Houston.
In addition, U.S. Bank has hired additional business bankers in Phoenix, where it has a growing branch presence.
“Our continued investment in talented bankers reflects the strong demand we’re seeing from business owners who want a trusted banking partner with national capabilities and local market expertise,” said Dee O’Dell, head of business banking sales at U.S. Bank.
“Whether we’re entering new markets such as Florida and Georgia or expanding in fast-growing regions like Texas and Arizona, our goal is the same: helping businesses access the financial solutions, advice and industry expertise they need to grow and succeed.”
USB shares lost 47 cents to $61.99.
