In his new role, Schwallie will manage commercial banking operations and coordinate all of the bank’s activities in Arizona.
Having joined the lender in 2005, most recently he was acting as a relationship manager and team leader for US Bank in Reno, Las Vegas, Phoenix and Chicago.
US Bank Nevada, Arizona and Utah regional market president Lori Soren said, "Brian’s depth of experience and commitment to Arizona will help U.S. Bank continue to be a strong financial services company and community partner."
Before joining US Bank, Schwallie held various positions at The Clorox Company, Aladdin Casino Resort and Park Place Entertainment.
As of 31 December 2012, US Bancorp had $354bn in assets and manages 3,084 banking offices in 25 states and 5,065 ATMs and delivers banking, brokerage, insurance, investment, mortgage, trust and payment services.
