U.S. Bank Taps Mark Jorgenson to Lead Community Banking
February 10 2016 - 12:00PM
Business Wire
Tim Petty promoted to succeed him as market president in
Kansas City
Veteran banker and community leader Mark Jorgenson has been
named head of U.S. Bank Community Banking. He will lead the bank’s
1,140 branch offices and 10,000 employees located in
non-metropolitan communities throughout U.S. Bank’s 25-state
footprint.
Jorgenson built his career at U.S. Bank, most recently serving
as a regional president leading commercial business banking in
Kansas City and St. Louis. Jorgenson has been a banker in Kansas
City for as long as he has been with U.S. Bank and its predecessor
companies, where he started in June 1981.
“Community banking is central to our U.S. Bank philosophy of
being where our customers live and work, whether in metropolitan
cities or local communities,” said John Elmore, vice chairman, U.S.
Bank Community Banking and Branch Delivery. “Mark’s experience and
passion combined make him a perfect match to lead this significant
piece of U.S. Bank’s business. He has an excellent reputation as an
effective leader within U.S. Bank and throughout the
community.”
Succeeding him as market president in Kansas City will be Tim
Petty, a 25-year commercial banking veteran, who has been with U.S.
Bank since 2000. Prior to this promotion, Petty was senior vice
president for commercial banking in Kansas City, reporting to
Jorgenson and directly managing the bank’s commercial banking team
in the market.
“Tim is highly respected in our community as he has been very
active as a leader in multiple business and nonprofit activities in
Kansas City,” Jorgenson said. “He is well known to our customers
and is someone who advocates for the bank's clients, keeping their
best interests at heart.”
Jorgenson will continue to be based in Kansas City, and will
remain active in the community and local industry affairs.
Jorgenson serves on a number of boards, including: The Civic
Council of Greater Kansas City, Kansas Venture Capital, Inc.
(KVCI), Hunt Midwest Enterprises, Midwest Research Institute, KU
Hospital Authority, National World War I Museum, The Kansas City
Chiefs, Heart of America Council Boy Scouts, Urban Neighborhood
Initiative and University of Missouri-Kansas City.
Jorgenson graduated with Phi Beta Kappa honors from Coe College
and received an MBA from Washington University in St. Louis. He and
his wife, Mary, live in Kansas City and have four grown
children.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160210005289/en/
U.S. Bank Corporate CommunicationsTeri Charest,
612-303-0732teri.charest@usbank.com@usbank_news
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