During a difficult economic environment, we continued to benefit from the investments we’ve made in this company, positioning us well as the economy improves. We are stronger today than a year ago… and we expect this momentum to continue.
U.S. Bancorp is a diversified financial services holding company and parent company of U.S. Bank National Association, the nation’s fifth-largest commercial bank. U.S. Bancorp was named Fortune Magazine’s 2011 Most Admired Superregional Bank and the fifth Most Admired company in Management Quality in the world. Recognized for its strong financial performance, prudent risk management, capital generation and product quality, U.S. Bancorp provides a wide range of financial services for consumers, businesses, government entities and other financial institutions. U.S. Bank’s branch network serves 25 states, and we offer regional consumer and business banking and wealth management services, national wholesale and trust services and global payments services to more than 17.4 million customers. Headquartered in Minneapolis, U.S. Bancorp was founded in 1863 under national Charter #24 and is the nation’s second oldest bank operating under its original charter. The company will celebrate its sesquicentennial in 2013. U.S. Bancorp employs 63,000 people.