Ross Carey to lead small business, Steve SaLoutos to lead all
branches in metropolitan markets
MINNEAPOLIS--(BUSINESS WIRE)--Feb. 29, 2016--
U.S. Bank has strengthened the service it provides to consumer and small
business customers by aligning its business under two seasoned leaders,
Ross Carey and Steve SaLoutos. Carey will lead small business, and
SaLoutos will lead metropolitan banking, both under John Elmore, vice
chairman of consumer banking and branch delivery at U.S. Bank.
Carey, 59, has been with U.S. Bank since 1991. He was most recently head
of metropolitan banking in the western portion of U.S. Bank’s 25-state
footprint. In this new role, Carey will oversee all small business
banking teams as well as U.S. Bank’s Small Business Administration (SBA)
and Practice Finance divisions. This team of more than 870 employees
supports every aspect of a small business customer’s banking and credit
needs.
Steve SaLoutos, 57, has been named head of all metropolitan banking,
spanning 1,187 branches in the company’s footprint and uniting what had
previously been two metropolitan divisions – Midwest and West. SaLoutos,
who has been with U.S. Bank for 32 years, previously led the Midwest
division. He now oversees a team of more than 8,400 employees.
“These changes in our organization will help us deliver a strong,
unified approach to consumer and small business banking,” said Elmore.
“The experience and leadership strength that Steve and Ross bring to
these positions are extraordinary. They approach their roles with
integrity and that credibility is felt among their peers, their
employees and our customers.”
Carey is based in Salem, Ore. He serves on the Consumer Bankers
Association (CBA) board as chair-elect, and previously was chairman of
its Government Relations Council. Active in his community, Carey is the
past president of Family Building Blocks, a relief nursery, and past
chair of the Make-A-Wish Foundation of Oregon. Carey attended the
University of Oregon and earned a Bachelor of Social Science degree. He
and Suzanne, his wife of 23 years, have two grown children.
SaLoutos is based in Milwaukee. He is a graduate of the University of
Wisconsin-Whitewater and earned his MBA at the University of
Wisconsin-Madison. He was recently named to the board of the United Way
of Greater Milwaukee and Waukesha County. He also serves on the board of
the Bank Administration Institute (BAI), the Wisconsin Women’s Business
Initiative Corporation, the Northwest Side Community Development
Corporation, the Cedarburg Education Foundation and Sprecher Brewing
Company. SaLoutos and his wife have two children and live in Grafton,
Wisconsin.
U.S. Bancorp (NYSE: USB), with $422 billion in assets as of December 31,
2015, is the parent company of U.S. Bank National Association, the fifth
largest commercial bank in the United States. The company operates 3,133
banking offices in 25 states and 4,936 ATMs and provides a comprehensive
line of banking, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. Visit U.S. Bancorp
on the web at www.usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160229006685/en/
Source: U.S. Bank
U.S. Bank Corporate Communications
Teri Charest, 612-303-0732
teri.charest@usbank.com,
@usbank_news