U.S. Bank Celebrates One-Year Anniversary of MoneyGram Alliance with Special Offer.MINNEAPOLIS -- U.S. Bank has seen an increase in business in its retail branch offices as a result of its alliance with MoneyGram, which it began offering in all U.S. Bank locations one year ago. U.S. Bank is MoneyGram's largest financial institution money transfer agent in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . To celebrate the one-year anniversary, U.S. Bank will offer customers a discount to send funds to any of MoneyGram's more than 100,000 money transfer agent locations in more than 170 countries worldwide, for a flat fee of $5 through Nov. 30, 2006. "The program has exceeded our expectations and continues to grow month over month," said Stephanie Miller Stephanie Miller (born September 29 1961) is an American comedian and host of The Stephanie Miller Show, a liberal talk radio program produced in Los Angeles and syndicated nationally by Jones Radio Networks. , vice president and manager of emerging markets at U.S. Bank. "It has driven new traffic into our branches because the service appeals to a broad market. Funds have been sent to 147 different countries from our metropolitan markets as well as from our community markets across the United States." The Inter-American Development Bank Inter-American Development Bank (IDB) international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. recently announced a jump in remittance volume from $30 billion in 2004 to $45 billion in 2006. Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. continued to be the top recipient of remittances from the United States, and while the states that are the largest source of remittances to Latin America remained the same - California, Texas, New York Texas is a hamlet in Oswego County, New York, USA, near the southeastern corner of Lake Ontario. It is officially part of the town of Mexico. Geography Texas lies on Little Salmon Creek, about one-half mile above the mouth of that stream on Lake Ontario, on an east-west and Florida - many states within the U.S. Bank footprint, including Wisconsin, Tennessee, Arkansas, Kansas, Kentucky, Nebraska and Iowa, saw increases of more than 80 percent in the last two years. The study also found that nearly 90 percent of the income generated by remitters remained in their local, U.S. economy. For more information on the report, visit www.iadb.org/news. MoneyGram is the second largest money-transfer provider in the world with more than 100,000 agents in 170 countries, and offers low-priced money transfer options and some of the best foreign exchange rates in the money transfer industry. U.S. Bancorp (NYSE NYSE See: New York Stock Exchange :USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ), with assets of $217 billion, is the 6th largest financial holding company in the United States. The company operates 2,462 banking offices and 4,943 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at www.usbank.com. |
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