US Bancorp at Sanford C Bernstein Strategic Decisions Conference Transcript
Good morning. Next up is U.S. Bancorp. We have CEO, Andy Cecere; CFO, Terry Dolan. Thank you, guys, for joining us. I appreciate you being here.
Questions & Answers
And we'll kick off talking about your big weekend. Last weekend, you had the big conversion of Union Bank onto U.S. Bank's platform.
We did. Thank you, and good morning, everyone. John, as you said, Memorial Day weekend, we successfully converted and integrated Union Bank onto the U.S. Bank system. That included about $1.2 million consumer and small business customers, about 3,000 commercial customers. And importantly, to date, we've already enrolled in our digital capabilities about 300,000 of those customers.
As you might expect with any large conversion, we prepared for and we're ready for any unknowns, which always happen in the conversion. And we had a couple of technical
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
