CHARLOTTE, N.C. — U.S. Bancorp is expanding its retail presence into North Carolina with its first branch in Charlotte.
The new branch will be at 201 S. Tryon St. in uptown. That space previously housed Dean & Deluca, a full-service coffee station, cafe and wine bar that shuttered its operations about a year ago. The space has remained vacant until now.
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U.S. Bank’s uptown retail branch is set to open in the fall. The plan is to add 10 more branches by the end of 2020. Those locations are yet to be determined, but a spokesperson for U.S Bank confirmed that executives are eyeing the Charlotte metro area.
“Charlotte is an exceptional market, and we expect to be a positive economic force there that helps individuals build strong financial futures and business owners reach their financial goals and objectives,” said Tim Welsh, vice chairman of consumer and business banking, in a statement.
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