We are investing in the future of fintech and accelerating our dedicated fintech engagement team.A new startup company is created every six seconds.Minneapolis, MN – August 26, 2021 – That sheer volume is just one of the reasons U.S. Bank has a dedicated fintech engagement unit, which analyzes the industry to find, evaluate and facilitate […]
Continues expansion of world-class digital capabilities for small businesses.Minneapolis, MN – August 12, 2021 – U.S. Bank has entered into an agreement to acquire Bento Technologies, known as Bento for Business, a fintech company based in Chicago and San Francisco that provides payment and expense management services to small and mid-size businesses. The innovative Bento […]
Minneapolis, MN – July 28, 2021 – U.S. Bancorp Community Development Corporation (USBCDC) is partnering with community development financial institutions (CDFIs) to support and grow the number of developers led by people of color. Through its new U.S. Bank Access to Capital: Collaborating to Invest in Developers of Color, USBCDC has awarded $250,000 total in […]
Truck driver and capacity shortages – and rising fuel prices – cause spending to jump more than 10% in the second quarter.Minneapolis, MN – July 21, 2021 – Truck freight spending in the U.S. increased at record levels in the second quarter of 2021, according to the Q2 2021 U.S. Bank Freight Payment Index. Spending […]
Collaboration with nCino will result in an easy-to-use platform with greater efficiencies for clients through entire lending process.Minneapolis, MN – July 20, 2021 – As part of efforts to transform the wholesale banking lending experience, U.S. Bank today announced an expanded agreement with cloud banking software provider nCino, Inc. (NASDAQ: NCNO). This development advances our overall digital […]
The $30 million bond will support housing developers of color.Minneapolis, MN – July 14, 2021 – U.S. Bank and Enterprise Community Partners (Enterprise) today announced the issuance of an innovative bond designed for targeted and measurable racial equity results. Issued by Enterprise Community Loan Fund, Enterprise’s Community Development Financial Institution (CDFI), the $30 million bond […]
U.S. Bancorp Asset Management will acquire PFM Asset Management.Minneapolis, MN – July 08, 2021 – U.S. Bank announced today that it has entered into a definitive agreement to purchase PFM Asset Management LLC under its subsidiary, U.S. Bancorp Asset Management. PFM Asset Management will continue to operate as a separate entity. PFM Asset Management and […]