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US Bancorp (USB)On Dec 3: 23.25   0.00 (0.00%)  
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US Bancorp
800 Nicollet Mall
Minneapolis, MN 55402
United States - Map
Phone: 651-466-3000
Web Site: http://www.usbank.com

DETAILS 
Index Membership:S&P 100
S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:57,904

BUSINESS SUMMARY 
U.S. Bancorp operates as the holding company for U.S. Bank National Association that provides various banking and financial services in the United States. It generates various deposit products, including checking accounts, savings accounts, money market savings, and time certificates of deposit accounts. The company originates a portfolio of loans comprising commercial loans and lease financing; commercial real estate; residential mortgage; and retail loans, including credit card, retail leasing, home equity and second mortgages, and other retail loans. It also offers wholesale lending, equipment finance, small-ticket leasing, depository, treasury management, capital markets, foreign exchange, and international trade services to middle market, large corporate, commercial real estate, and public sector clients. In addition, U.S. Bancorp provides telebanking, online banking, direct mail, and automated teller machine services. The company, through other subsidiaries, provides trust, private banking, financial advisory, investment management, retail brokerage services, insurance, and custody and mutual fund services; and payment services, including consumer and business credit cards, stored-value cards, debit cards, corporate and purchasing card services, consumer lines of credit, ATM processing, and merchant processing. U.S. Bancorp primarily serves individuals, estates, foundations, business corporations, and charitable organizations. As of March 16, 2009, it operated 2,791 branches and 5,164 ATMs. The company was founded in 1863 and is headquartered in Minneapolis, Minnesota.
Key Statistics

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    CORPORATE GOVERNANCE 
    US Bancorp's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 53.7% of S&P 500 companies and 97.8% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Richard Davis , 50
    Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee, Member of Credit & Fin. Committee and Member of Risk Management Committee
    $ 900.00K $ 3.12M
    Mr. Andrew J. Cecere , 48
    Vice Chairman and Chief Financial Officer
    $ 564.00K $ 337.00K
    Mr. Richard C. Hartnack , 63
    Vice Chairman of Consumer Banking and Head of Consumer Banking Division
    $ 1.05M $ 0
    Mr. Lee R. Mitau , 60
    Exec. VP, Corp. Sec. and Gen. Counsel
    $ 721.00K $ 388.00K
    Mr. Bill Chenevich , 65
    Vice Chairman of Technology & Operations Services
    $ 954.00K $ 1.95M
    Dollar amounts are as of 31-Dec-08 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.
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