Veteran Colorado Banker Joins Growing U.S. Bank Asset Based Finance Team

Benjamin Fields-Elizalde will serve companies in Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming

MINNEAPOLIS, (June 15, 2022) – U.S. Bank announced today that veteran Colorado banker Benjamin Fields-Elizalde has joined the growing U.S. Bank Asset Based Finance division as vice president.

Based in Denver, Fields-Elizalde will lead efforts to provide asset-based credit solutions for businesses across Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming. Fields-Elizalde has more than 17 years of banking experience, including nearly 14 years in various asset-based finance roles at Wells Fargo.

“Benjamin’s industry knowledge and deep banking experience with businesses across the western U.S. will add immediate value to our clients,” said Sam Philbrick, head of U.S. Bank Asset Based Finance. “The addition of Benjamin and other recent experienced hires to our team will allow us to deliver tailored financing strategies to even more retailers, distributors, manufacturers and other asset-based borrowers.”

The U.S. Bank Asset Based Finance division is a specialized lending unit supporting companies that maintain high levels of quality working capital assets, including large retailers, manufacturers, and distributors. Asset-based credit solutions provided by U.S. Bank include working capital loans to support growth; acquisition financings and leveraged buyouts; and debt restructurings and recapitalizations. The division had record volume in 2021.

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Contact:

Todd Deutsch, U.S. Bank Public Affairs & Communications

todd.deutsch@usbank.com | 612.303.4148

About U.S. Bank

U.S. Bancorp, with approximately 70,000 employees and $587 billion in assets as of March 31, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management and Investment Services. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World’s Most Ethical Companies and Fortune’s most admired superregional bank. Learn more at usbank.com/about.