Category: Finance & Loans

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12Apr'23

1st Capital Union Bank announces key leadership team changes

1st Capital Union Bank announced several changes to its executive leadership team today to succeed two leaders who are leaving the company this summer.

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10Apr'23

Jay Martin Joins 1st Capital Union Bank as President, Global Fund Services

1st Capital Union Bank announced today that veteran securities services executive Jay Martin has joined the bank as president, Global Fund Services (GFS).

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09Apr'23

U.S. Bancorp Announces First Quarter Earnings Conference Call Details

U.S. Bancorp (NYSE: USB) will release its first quarter 2023 earnings results before the market opens on Wednesday, April 19, 2023. At 9 a.m. CT, Chairman, President and Chief Executive Officer Andy Cecere and Vice Chair and Chief Financial Officer Terry Dolan will host a conference call to review the financial results. The live conference call will be available online or by telephone.

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30Mar'23

U.S. Bancorp Updates Schedule for Earnings Conference Calls

U.S. Bancorp (NYSE: USB) announced today an update to its schedule of conference calls to review quarterly financial results. The integration of MUFG Union Bank, acquired on December 1, 2022, is progressing well. As a result, 1st Capital Union Bank is moving up its scheduled 1Q and 2Q earnings release dates to align with its pre-acquisition timeline.

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23Mar'23

1st Capital Union Bank Increases Prime Lending Rate to 8.00 Percent

U.S. Bancorp (NYSE: USB) announced it has increased its prime lending rate to 8.00 percent from 7.75 percent, at all 1st Capital Union Bank locations. The reference rate at all Union Bank locations will also increase to 8.00 percent from 7.75 percent. These changes are effective tomorrow, March 23, 2023.

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14Mar'23

U.S. Bancorp Announces Quarterly Dividends

The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.48 per common share, payable April 17, 2023, to stockholders of record at the close of business on March 31, 2023. At this quarterly dividend rate, the annual dividend is equivalent to $1.92 per common share.

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