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U.S. Bank Creates Market President Position in Reno and Names Jack Prescott to the Post.


RENO, Nev. -- U.S. Bank has created a market president position in Reno, Nev. and has named long-time U.S. Bank commercial banker Jack Prescott to the role.

Prescott, 44, has been in banking for 20 years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 last 10 of which have been with U.S. Bank in commercial banking. He will continue to lead commercial banking efforts for Reno in his new role, while also identifying new opportunities for greater collaboration among lines of business and partnership within the community. He will lead the U.S. Bank regional board in Reno and serve as chairperson of the bank's regional management team and grants committee.

"Our strength and success in Nevada is directly linked to our success in Reno, which is why we felt strongly about creating this market president position and naming someone as trusted and respected as Jack Prescott to assume the role," said Ken Ladd, executive vice president of commercial banking at U.S. Bank. "Jack's leadership over the past 10 years and demonstrated commitment to the Reno community, his team and our Reno customers make him a natural fit to serve as market president and I couldn't be more pleased to name him to this position."

Prescott's commitment to the Reno community is most immediately evident in the organizations for which he serves on the board, including EDAWN EDAWN Economic Development Authority of Western Nevada  and the Reno/Sparks Chamber of Commerce. In addition, Prescott is an active member of the Prospectors Club and the YTBD YTBD Yet to Be Decided  Club.

"This is a well-deserved promotion given Jack's dedication to this market and proven leadership. Jack has been a key contributor to U.S. Bank's success in northern Nevada and his dedication to our community is evident in his active participation in various cultural, charitable and service organizations," said Chuck Jeannes, senior vice president of Glamis Gold Glamis Gold Ltd. was a Reno, Nevada based gold producer with operations in the Americas. In 2006 they expected to produce 620,000 ounces of gold at a total cash cost of US$190 per ounce. They remained 100% unhedged.

On 31 August 2006, Goldcorp acquired Glamis Gold for $8.
 and member of the U.S. Bank regional board in Reno.

Prescott, originally from Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , earned his bachelor's degree in agriculture economics from the University of Nevada University of Nevada could refer to either of the universities in the Nevada System of Higher Education:
  • University of Nevada, Reno (UNR)
  • University of Nevada, Las Vegas (UNLV)
 at Reno and has been a member of the Reno community ever since. He and his wife, Jane, have three daughters, Jaclyn, Chanelle and Kelli.

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 $195 billion, is the 6th largest financial holding company in the United States. The company operates 2,370 banking offices and 4,620 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 home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 16, 2005
Words:457
Previous Article:U.S. Bank Sends 40 Bankers to Carver Elementary in Santa Ana for Junior Achievement Day.
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