U.S. Bank Bets on Small Business Growth
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AI-assisted source synthesis · not an independent investigation.
On October 15, 2026, Banking Dive reported that U.S. Bank CEO Gunjan Kedia said expanding the small business business will become the bank’s top priority for 2027. The bank plans to replicate Smartly’s approach to driving consumer deposit growth and apply the relevant experience to its small business business. The Smartly savings product has attracted approximately $55 billion in deposits since its launch in 2024. U.S. Bank also launched two business credit cards linked to deposit balances in September 2026 as part of its efforts to expand its small business business.
AI-written from reports · updated 3 days ago
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- Banking DiveU.S. Bank steps up small-business growth
U.S. Bank CEO Gunjan Kedia said that expanding its small-business business will be the bank’s top priority in 2027, and that it plans to replicate the approach Smartly used to drive consumer deposit growth. The Smartly savings product has attracted about $55 billion in deposits since its launch in 2024; the bank launched two business credit cards linked to deposit balances in September.
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