U.S. Bancorp Announces $100 Billion Community Benefits Plan
Summary
We want our actions today to create a ripple effect that will lift future generations.” The CBP was informed by multiple listening sessions with more than 200 community groups participating as well as a public hearing organized by regulators. The plan focuses on foundational components of community and economic development where the company can have the most impact: “We are grateful for the time 208 organizations took to participate in the listening sessions. “We appreciate the commitment from U.S. Bank and the personal leadership of Andy Cecere to collaborate with us, CRC and our members to develop the largest ever community benefits plan,” said Jesse Van Tol, President and CEO of NCRC. The bank is taking a forward-looking approach to managing branches along with local community leaders to ensure the highest level of service is maintained. • Adopting MUFG Union Bank’s high school and community college branch program and investing further to support financial education outreach.
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