The acquisition includes the deposits of branches located in the Las Vegas-Paradise market, Reno-Sparks market, the Northern Nevada markets of Carson City, Fallon and Gardnerville Ranchos that BB&T had acquired from the Federal Deposit Insurance Corporation (FDIC) as receiver for Colonial Bank.
Rick Hartnack, vice chairman of consumer banking for US Bancorp, said: “We are pleased to welcome our new colleagues and customers to US Bank. As we noted when we first announced this transaction on October 13, 2009, the addition of these 14 new branches will strengthen and expand US Bank’s footprint and distribution in the Nevada market.
“These new branches have been rebranded with the US Bank name and now provide our extensive mix of industry leading products and services along with the added convenience of additional ATM and branch locations to better serve our new and existing customers in the Nevada market.”
