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US Bancorp vice chairman of community banking to retire

Minneapolis-based U.S. Bancorp on Sept. 5 announced that John Elmore, vice chairman of community banking and branch delivery, will retire from the company in March 2019.

The bank will bring together its community banking and branch delivery and consumer banking sales and support organizations to form the consumer and business banking organization due to Elmore's upcoming retirement.

Tim Welsh, vice chairman of consumer banking sales and support, will lead the new organization.

U.S. Bancorp also created the new role of chief digital officer, and a search is underway to fill the position.