Sarasota banker leads US Bank's business banking expansion

One of the largest commercial banks in the United States is adding business banking in Florida. 

U.S. Bank announced on Monday it is expanding into Florida and Georgia with business banking for the first time in a strategic move to support clients outside its traditional 26-state branch footprint.

The business banking division will serve businesses with annual sales between $2.5 million and $50 million, according to a statement.

U.S. Bank has named Ehren McGeehan, based in Sarasota, as the business banking sales manager leading the company’s expansion in Florida. McGeehan, who has more than 25 years of banking experience, has filled two positions already in Tampa and some in West Palm Beach, a spokesperson says. The Tampa hires will be based in a new wealth management office that is opening this fall at 4050 W. Boy Scout Blvd. To start, the company plans to hire about 10 business bankers around Florida.

U.S. Bank’s business banking division has more than 1,300 bankers providing deposit, lending, payments and treasury management solutions. That includes over 50 customer-facing positions added since the beginning of 2026, with more hires planned as part of the division’s expansion.

The addition of business banking in Florida will complement U.S. Bank’s wealth management, mortgage, and commercial and corporate banking presence in the state, according to the statement. It will also have partners specializing in products like SBA loans and payments. 

Simultaneously, the company is also growing its business banking presence in Texas and Arizona.

U.S. Bancorp, based in Minneapolis, is the parent company of U.S. Bank National Association, one of the largest commercial banks in the United States. It serves 15 million clients globally and employs nearly 70,000 staff.