Smith's Food & Drug to Install 49 U.S. Bank Branches in Nevada, Utah

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Smith's Food & Drug to Install 49 U.S. Bank Branches in Nevada, Utah

Kroger-owned Smith's Food & Drug Stores said it will install 49 full-service in-store U.S. Bank operations in its stores in Nevada and Utah, making U.S. Bank - when the installations are completed in the first quarter of 2009 -- the largest full-service in-store branch-banking network in the country, with more than 600 in-store branches in 19 states.

"We share the philosophy with U.S. Bank that the convenience of in-store banking contributes to a great shopping experience for our customers," said Kenny Kimball, Smith's group v.p. operations.

U.S. Bank will add 28 new Smith's locations in Nevada and 21 in Utah. In Nevada, U.S. Bank will replace 28 Nevada State Bank offices in Smith's stores, 18 of those in the Las Vegas area, four in Henderson, and one each in Carson City, Gardnerville, Reno, and Sparks. U.S. Bank will also move into new Nevada markets of Dayton and Pahrump.

In addition, U.S. Bank will augment its presence in Utah by replacing Zions Bank inside 21 Smith's stores, most of which are in the Salt Lake City market, except for one location in St. George. This move will provide U.S. Bank with an entrance into the Salt Lake City area neighborhoods of American Fork, Farmington, Herriman, Kimball Junction, Layton, Logan, and North Orem.

The new Smith's bank locations will be open seven-days-a-week in Nevada, and six-days-a-week in Utah, and include services such as opening checking accounts, CDs, IRAs and other investment opportunities, get a loan for a car, mortgage, boat, home improvement, or debt consolidation. Each location will also have a full-service ATM.

Smith's operates 132 stores in seven western states, including 47 in Utah and 41 in Nevada.