U.S. Bancorp opens Canadian Branch.

VANCOUVER - U.S. Bancorp said it opened a branch in Vancouver, U.S. Bank Canada, to handle cross-border operations between the Pacific Northwest and western Canada.

U.S. Bancorp said the new unit will offer cash management, foreign exchange, commercial lending, trade finance, commercial checking and money transfer services.

It said the subsidiary will serve mainly small and medium-sized businesses with cross-border interests.

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