Breaking News

Infineon Said to Near $2 Billion Deal to Acquire U.S. Chipmaker
Tweet TWEET

U.S. Bank Makes It Easier for Minnesotans to “Give to the Max”

  U.S. Bank Makes It Easier for Minnesotans to “Give to the Max”

  Bank’s Partnership with GiveMN’s Online Donation Vendor Puts $183,000 More
                      Dollars in the Hands of NonProfits

Business Wire

MINNEAPOLIS -- November 13, 2012

As Minnesota nonprofits and schools gear up for GiveMN’s Give to the Max Day
on November 15, would-be donors should know that more of their dollars will go
to the nonprofit and school of their choice, thanks to a partnership with
Minneapolis-based U.S. Bank.

In October 2010, U.S. Bank partnered with Razoo – the company that powers
GiveMN’s robust online donation platform – to process all donations made
through Razoo at a discount. The bank also waived select card processing fees.

The discounts allow more donation dollars to make their way to nonprofits and
schools. In fact, since the start of U.S. Bank’s relationship with Razoo,
nearly $183,000 has been saved -- money that has gone to the nonprofits Razoo
supports, including GiveMN.

The cost savings is particularly important to GiveMN, which was created to
transform philanthropy in Minnesota by growing overall giving and moving more
of it online. Through its engaging web platform launched in November 2009,
GiveMN helps nonprofit organizations and schools of all sizes reach new
donors, increases giving through fun and engaging campaigns and significantly
reduces overall fundraising costs.

“The impact of U.S. Bank’s partnership with Razoo is much greater than the
cost savings,” said Dana Nelson, executive director of GiveMN. “GiveMN was
launched to take online giving to scale in Minnesota. To do that, we needed to
offer the lowest, most competitive processing fee. U.S. Bank’s partnership
with Razoo has enabled us to do just that. Better still, we’re able to do that
because of a partnership with a well-respected, Minnesota-based bank.”

Give to the Max Day is a day for Minnesotans to come together to raise
millions of dollars for thousands of nonprofits and schools in 24 hours –
starting at midnight on November 15 through midnight on November 16.

To further support GiveMN, U.S. Bank will use its various social media
channels to promote Give to the Max Day on November 15.

“Minnesota is already known for its incredible generosity, and Give to the Max
Day is a great chance to showcase that,” said Elliot Jaffee, U.S. Bank’s Twin
Cities market president. “As a proud Minnesota-based company, we hope to help
make this year’s campaign another success.”

About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $352 billion in assets as of
September 30, 2012, is the parent company of U.S. Bank National Association,
the 5th largest commercial bank in the United States. The Company operates
3,086 banking offices in 25 states and 5,080 ATMs and provides a comprehensive
line of banking, brokerage, insurance, investment, mortgage, trust and payment
services products to consumers, businesses and institutions. U.S. Bancorp and
its employees are dedicated to improving the communities they serve, for which
the company earned the 2011 Spirit of America Award, the highest honor
bestowed on a company by United Way. Visit U.S. Bancorp on the web at
usbank.com.

Contact:

U.S. Bank
Nicole Garrison-Sprenger, 612-303-0731
U.S. Bank Public Relations
nicole.sprenger@usbank.com
 
Press spacebar to pause and continue. Press esc to stop.