U.S. Bancorp

A regional bank holding company based in Minneapolis.

June 23

U.S. Bancorp settles dispute with Peregrine for $44.5M

Bank allegedly let founder of Peregrine use brokerage funds as his own money.
March 9

U.S. Bank, 3M, Ecolab, Thrivent named among 'most ethical' businesses

The group featured U.S. Bancorp, 3M, Ecolab and Thrivent Financial.
January 22

While profit rises, U.S. Bancorp focuses on costs, waits for Fed hike

Loan profitability will get a boost when Fed lets rates rise.
January 21

U.S. Bank moves Cecere to operations chief

Andy Cecere's move from finance to operations chief at U.S. Bancorp suggests he's in line to be the company's next top leader.
November 22, 2014

U.S. Bank to add 2,000 workers in 2015

CEO Richard Davis says the economy is getting stronger and business should grow.
November 21, 2014

CEO Richard Davis: U.S. Bank will hire between 2,000 and 3,000 in 2015

U.S. Bancorp is hiring about 1,500 people in 2014 and will hire up to another 3,000 by the end of 2015, CEO Richard Davis said in an interview with Bloomberg in New York.
October 31, 2014

U.S. Bank tests ways to fight bias against long-term unemployed

U.S. Bank is piloting a federal program that tackles an ugly legacy of the recession – a hiring bias against the long-term unemployed.
October 22, 2014

U.S. Bank profit flat as commercial loans grow

Commercial loans grew at more than twice the rate of its overall lending portfolio.
October 9, 2014

Fair housing group challenges U.S. Bank over upkeep of foreclosed Mpls. properties

A fair housing group said the bank failed to maintain certain foreclosed properties. The bank denied the charge.
September 25, 2014

July 1: U.S. Bank to pay feds $200 million for FHA claims

The U.S. Department of Justice blamed the lender for contributing to the nation’s costly housing collapse and epidemic of foreclosures. The bank did not admit any liability.
July 17, 2014

Lending spurt accelerates second quarter profit for U.S. Bancorp

Commercial loans were up 12.4 percent for the big, Minneapolis-based bank.
June 17, 2014

Polaris Industries CEO to join U.S. Bancorp's board of directors

Scott Wine, 47, is credited with driving significant revenue growth at Polaris, which makes all-terrain vehicles, snowmobiles, motorcycles and accessories.
June 11, 2014

Ex-U.S. Bank employee is guilty in 2nd bribery case

Wilbur Tate III, also suspected of taking bribes from a Florida debt agency, awaits sentencing.
June 8, 2014

Hartman: Expect U.S. Bank to get stadium naming rights

The deal will be an agreement much like the one the Twins made with Target for a 25-year contract, with its worth believed to be between $7million and $10 million per year.
May 31, 2014

As revenue slows, U.S. Bank turns to cost cutting

The Minneapolis bank is holding off on hiring and travel, and a technology unit has cut salaries.
May 30, 2014

May 25: U.S. Bank CEO Richard Davis: 'Banker body, preacher soul'

The chief executive of U.S. Bank has become a powerful, persuasive force in the civic life of the Twin Cities.These days, if it’s a high-stakes moment for Minnesota, the chief executive of U.S. Bank is almost always in the middle of it.
May 25, 2014

March 3: CEO Pay Watch: Richard Davis, U.S. Bancorp

Richard Davis, chairman, president and CEO of U.S. Bancorp had total compensation of $15,485,979 for the year ended Dec. 31, 2013.
May 8, 2014

U.S. Bancorp reports new investigations of FHA-backed loans

Federal investigators looking into mortgage origination, servicing.
January 29, 2014

Banks have replaced 15.3M cards since Target breach

Wells Fargo & Co. is the latest bank to shift gears and start proactively replacing cards exposed during Target’s breach.
January 23, 2014

U.S. Bank looking forward to ’14

Fourth-quarter net income grew as the nation's fifth-largest bank offset reductions in its mortgage business with gains in other lines.
January 18, 2014

Wells Fargo, U.S. Bank drop payday loans

U.S. Bank says it’s looking for a better alternative to the high-interest loans.
January 5, 2014

Pamela Joseph, head of payment services, U.S. Bancorp

« We’ll fi­nal­ly start to see the move­ment around mo­bile pay­ments. We’ve been wait­ing for this magi­cal mo­ment to take place. » Pam­e­la Joseph, head…
November 26, 2013

U.S. Bank to offer American Express card

Like Wells Fargo, the bank is adding consumer credit options.
November 26, 2013

Federal regulators limit banks' payday loans

Banks must assess each borrower’s ability to repay the loans, and they can make only six a year per customer.
October 17, 2013
Richard Davis, chief executive of U.S. Bancorp and chairman of the Fin...

U.S. Bancorp profit holds steady, shares rise

Deposits and lending activity grew while mortgage revenue felt effect of higher interest rates. “We’re taking market share,” CEO said.