Compared to some peers that have broadcast new branch commitments, U.S. Bank is employing “a quieter strategy,” said bank executive Sekou Kaalund.
Kaalund, the Minneapolis-based lender’s head of branch and small-business banking, said the bank plans to build more branches in areas where it already has a physical presence, with the goal of becoming a top depositor in those markets.
He wouldn’t spec…
U.S. Bank takes ‘quieter’ approach to branch expansion | Banking Dive
