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U.S. Bancorp (USB)

-NYSE

30.93 Down 0.20(0.64%) May 25, 4:02PM EDT|After Hours: 31.08 Up 0.15 (0.48%) May 25, 5:59PM EDT

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U.S. Bancorp
800 Nicollet Mall
Minneapolis, MN 55402
United States - Map
Phone: 651-466-3000
Website: http://www.usbank.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:62,529

Business Summary 

U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. The company offers depository services, such as checking accounts, savings accounts, and time certificate contracts. Its loan portfolio includes residential mortgages and credit card loans; and retail loans, such as revolving consumer lines, auto loans and leases, second mortgages, student loans, and home equity loans and lines. In addition, the company provides wholesale and asset-backed lending, agricultural finance, equipment finance and small-ticket leasing, depository, treasury management, capital markets, foreign exchange, and international trade services to middle market, large corporate, commercial real estate, financial institution, and public sector customers; and telephone and mobile banking, online services, direct mail, and automatic teller machine(ATM) processing services. Further, it offers private banking, financial advisory, investment management, retail brokerage, insurance, trust, mutual fund servicing, and custody services; and payment services comprising consumer and business credit cards, stored-value cards, debit cards, corporate and purchasing card services, consumer lines of credit, and merchant processing services. The company operates approximately 3,085 banking offices and 5,053 ATMs. It serves individuals, businesses, institutional organizations, governmental entities, estates, foundations, and charitable organizations. U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota.

Key Statistics


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Corporate Governance 
U.S. Bancorp’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Richard K. Davis , 54
Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee and Member of Risk Management Committee
4.19M0.00
Mr. Andrew Cecere , 51
Vice Chairman and Chief Financial Officer
2.02M560.00K
Ms. Pamela A. Joseph , 53
Vice Chairman of Payment Services, Chairman of Nova Information Systems Inc - Atlanta and Chief Exec. Officer of Nova Information Systems Inc - Atlanta
1.71M372.00K
Mr. Richard C. Hartnack , 66
Vice Chairman of Consumer and Small Bus. Banking
1.77M1.03M
Mr. Richard B. Payne Jr., 64
Vice Chairman of Wholesale Banking
1.47M0.00
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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