State of Minnesota officials have declared Minneapolis-based U.S. Bancorp a Yellow Ribbon Company, recognizing the bank’s programmes and support for employees who serve in the military themselves or have family serving.

The Yellow Ribbon Recognition Program pays tribute to companies that put into place policies, procedures and public works that proactively support military employees and their families. Minnesota Secretary of State Mark Ritchie and Assistant Adjutant General Worthe Holt presented U.S. Bancorp chairman, president and CEO Richard Davis with a proclamation, signed by Governor Mark Dayton, naming U.S. Bank a Yellow Ribbon Company, during U.S. Bancorp’s annual employee meeting at the Target Center in downtown Minneapolis.

“Thanks to U.S. Bank, military members can serve our country with the peace of mind that they have the full support of their employer,” Secretary of State Mark Ritchie said. “This company’s commitment and support of active and former members of the military as well as their families is an example for all to follow.”

Beginning in January, U.S. Bank began offering employees up to two weeks’ paid leave to cover time they would otherwise take off unpaid, per state or federal law, in connection with a family member's military service. Depending on state laws, the time can be taken not only with the deployment of a child, parent or spouse, but may be available to extended family as well.

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