U.S. Bancorp

A regional bank holding company based in Minneapolis.

October 22, 2019
U.S. Bank will restructure staffing at its 3,000 branches over the next two months, with an unspecified number of jobs to be cut.

Job cuts coming as U.S. Bank overhauls staffing at branches

Fewer customers using brick-and-mortar locations prompt changes.
October 18, 2019

U.S. Bank's website, mobile app hit by software glitch

An attempted software update went awry for a few hours at the nation's fifth-largest bank.
October 16, 2019
U.S. Bancorp's profit rose 5% in the third quarter as it relied more heavily on fees and other noninterest income to drive its growth.

U.S. Bancorp executives, fresh off strong quarter, won't predict 2020

Interest-rate expectations change almost daily.
September 12, 2019
Andrew Cecere, chief executive of U.S. Bancorp, said top leaders recognize they can't take the firm's success for granted.

U.S. Bancorp execs see slower growth ahead, but no recession in the U.S.

Investors pressed executives on the pace of change at the nation's No. 5 bank.
July 22, 2019

U.S. Bank buys BMW's credit card business, will offer co-branded cards

The deal adds a touch of luxury with the co-branded plastic.
July 17, 2019
U.S. Bancorp's latest profit rose 4% as more of its customers embraced digital banking and interest rates held steady.

U.S. Bancorp customers embrace digital banking, helping company's profits

Second-quarter results indicate the Minneapolis company remains one of the top performers in the industry.
April 22, 2019
U.S. Bank will open 10 branches in the Charlotte, N.C., market during the next year and a half. The branches will have a new design that puts computer

U.S. Bank to open branches in Charlotte, N.C., home turf of Bank of America

North Carolina branches will be first step of planned expansion into southern U.S.
April 19, 2019
U.S. Bank over the next two years will reshape its network of 3,000 branches in 25 states with closures, remodelings and openings. When it's done, exe

U.S. Bank to trim 300 branches during network overhaul

As more people bank online, fewer locations are necessary.
April 17, 2019
U.S. Bancorp said its first-quarter profit rose 1.4%, led by higher interest income.

U.S. Bank execs confident about economy as current expansion nears record

U.S. Bancorp leaders join other financial executives who believe expansion will continue
March 29, 2019
Actress Pooja Shah depicts a U.S. Bank customer in one of the commercials in a new campaign designed to show the bank's role in everyday life.

U.S. Bank to launch ad campaign focused on everyday banking and new app

The bank is shifting from ads that emphasized "possibilities" to those that depict outcomes.
March 22, 2019
U.S. Bank senior executive Gareth Gaston led the core group that designed the app. He said in order to be helpful to customers, the new banking app sh

U.S. Bank gets ready to roll out a whole new app

The app, which took hundreds of U.S. Bank employees a year to build, reflects a new relationship between banks and customers.
January 16, 2019
U.S. Bancorp said its profit rose 10 percent in the last three months of 2018.

With loans growing and profits high, U.S. Bank is upbeat about 2019

After record profit in 2018, banking giant sees strong loan growth continuing.
January 11, 2019
This Wednesday, May 3, 2017, photo shows a U.S. Bank branch in Omaha, Neb.

U.S. Bank offers nearly interest-free loans to customers who are government workers

The company is offering loans of up to $6,000 that must be repaid in a year.
December 24, 2018
A federal government watchdog has has ended intense scrutiny of U.S. Bancorp’s anti-money laundering practices. (TOM SWEENEY/Star Tribune file photo

Government watchdog ends intense oversight of U.S. Bank's fight against money laundering

The OCC order dealt with anti-money laundering practices by the company.
October 24, 2018
U.S. Bancorp on Wednesday said its annual review process would lead to the elimination of about 700 jobs, or 1 percent of its workforce. But the compa

U.S. Bancorp is eliminating about 700 jobs amid business shifts

Job cuts happen annually at the country's fifth-largest bank, but it will end the year with 2,000 more workers.
October 17, 2018
At U.S. Bank, one out of two customers now use the firm’s digital apps and online services. Its parent reported record quarterly profits on Wednesda

With profit rising, U.S. Bank passes a milepost in digital banking

Customer usage accelerates as U.S. Bank rolls out more services online and via apps.
September 26, 2018

U.S. Bancorp sells its debit-card service business to Fiserv for $690 million

The business provides ATM-related services to other banks and credit unions.
September 10, 2018
U.S. Bank is unveiling Simple Loan on Monday, putting the nation’s fifth-largest bank in more direct competition with payday lenders and other finan

U.S. Bank rolls out Simple Loan, offering small-dollar loans to compete with payday lenders

Small-dollar lending puts it in closer competition with payday lenders.
September 5, 2018
John Elmore, left, will retire as head of U.S. Bank's more than 3,000 retail branches in March. He will be succeeded by Tim Welsh, right, who will lea

U.S. Bank restructures retail operation as Elmore retires

The company will also appoint its first chief digital officer.
September 4, 2018

U.S. Bank unit Elavon buys Electronic Transaction Systems in fintech deal

The deal will allow Elavon to integrate payment processing into software developed by ETS, the companies said.
August 15, 2018
Jodi Richard was appointed vice chairman and chief risk officer for U.S. Bank, effective Oct. 1.

U.S. Bank appoints Richard as chief risk officer

Jodi Richard joined U.S. Bank in 2014 after a risk management role at HSBC and serving as a national bank examiner for the Comptroller of the Currency.
July 18, 2018
U.S. Bancorp's second-quarter profit rose 17 percent in the second quarter.

Good times are rolling at U.S. Bancorp, with just one bit of caution

Executives upbeat though also wary of anything that might signal a recession.
April 18, 2018
U.S. Bancorp reported a 13 percent jump in first quarter profit but its stock fell as investors fretted over the company's expense growth.

U.S. Bank's profit rises, but investors fret about spending growth

Quarter profits saw a 13 percent increase, but stock prices fell a bit over spending anxiety.
October 18, 2017
Late afternoon light cut between buildings illuminating the US Bank flag as it blew in the wind outside the US Bank Building Wednesday in downtown Min

Higher interest rates, loan growth drive U.S. Bancorp's profit up, but not enough for some investors

Executives were upbeat about the broad economy heading into 2018.
July 19, 2017
U.S. Bancorp's second-quarter profit dipped slightly on a comparison that included a one-time net gain, but it showed gains in all key performance mea

U.S. Bank turns a corner on efficiency, momentum builds for revenue growth

Company took big strides in the second quarter, CEO Andy Cecere's debut.