U.S. Bank Wealth Management Names Chris Peary Chief Private Banking Officer

U.S. Bank (NYSE: USB) appointed Chris Peary as chief private banking officer for its Wealth Management business.

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08/24/2026 - 08:00 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bank announced today that Chris Peary has been named chief private banking officer for Wealth Management.

Chris Peary, U.S. Bank's chief private banking officer for Wealth Management.

Peary will be responsible for advancing Wealth Management's strategy to deliver integrated banking, credit and wealth solutions for affluent, high net worth and ultra high net worth clients. He will oversee a relationship-driven private banking platform focused on delivering a consistent, high-quality client experience across all markets.

“Chris is a highly respected leader who brings deep banking expertise, a broad understanding of our business and a track record of delivering exceptional outcomes for clients," said Scott Ford, president of Wealth Management at U.S. Bank. "His experience across consumer banking, business banking and wealth management gives him a unique perspective into the needs of our clients and teams. Chris' leadership, disciplined approach and passion for developing people will be invaluable as we continue to grow and strengthen our Private Banking business."

Peary brings two decades of increasing leadership experience at U.S. Bank, most recently serving as national banking lead and West region banking manager for Ascent Private Capital Management of U.S. Bank while continuing in his role as a client advisor. In those positions, he was responsible for Ascent’s national banking leadership initiatives and its growing banking business; he also led teams serving the firm's ultra high net worth clients.

Peary has also held roles at U.S. Bank in consumer banking, business banking, Private Wealth Management and Ascent since 2016.

Peary earned a bachelor's degree in business from the University of Colorado Boulder and a master's degree in finance from the University of Colorado Denver. He also completed the Executive Leadership Certification program at Pacific Coast Banking School through the University of Washington.

About U.S. Bancorp

Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients globally, and our team of nearly 70,000 people invest our hearts and minds to power human potential every day. Ranked 110th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities.

For U.S. Bank:

Deposit products offered by U.S. Bank National Association. Member FDIC. Credit products offered by U.S. Bank National Association and subject to normal credit approval.