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A regional bank holding company based in Minneapolis.
U.S. Bank to trim 300 branches during network overhaul
As more people bank online, fewer locations are necessary.
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
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.
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.
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.
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
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 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
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 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
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
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
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. 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
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. Bank turns a corner on efficiency, momentum builds for revenue growth
Company took big strides in the second quarter, CEO Andy Cecere's debut.
April 19, 2017
U.S. Bancorp beats forecasts with 6.3 percent jump in profit
The company's new CEO began his first full day on the job with an earnings beat.
January 25, 2017
As Trump settles in, U.S. Bank's Davis suggests optimism and readiness
The U.S. Bancorp CEO says there is "a new game afoot" in the country.
October 21, 2016
Schafer: Cyberprotection requires vigilance
U.S. Bancorp’s head of cybersecurity, Jason Witty, uses the internet for pretty much everything. He even described in a recent conversation how he bought a…
October 19, 2016
U.S. Bancorp's Richard Davis says banks are still fighting for their reputation
U.S. Bancorp reports "solid" results, but the CEO says Wells Fargo's problems are an issue for financial industry
July 15, 2016
Even as interest rates remain low, U.S. Bancorp reaps record profit
The Minneapolis company has found a way to thrive in a market with low interest rates.
March 10, 2016
Paywatch: St. Jude Chairman Daniel Starks made $13.5 million last year
Daniel starks St. Jude Medical Inc. Executive chairman Total compensation: $13,538,010 for the year ended Dec. 31, 2015 Salary: $1,110,000 Non-equity incentive pay: $1,453,545…
March 9, 2016
U.S. Bancorp CEO Richard Davis had $21.8 million in total compensation for 2015
Richard Davis chairman and CEO of U.S. Bancorp Total compensation: $21,754,748 for the year ended December 31 Salary: $1,300,000 Non-equity incentive pay: $2,304,900 Other compensation:…
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