In 2010, U.S. Bancorp continued to distinguish itself from its peers. Throughout the economic downturn, we held fast to the core fundamentals of our company with a clear focus on the future. Strong capital generation, diversified businesses, quality earnings, prudent risk management and investments in our company have positioned us to maximize the benefits of an economic recovery.

2010 Annual Report
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Corporate Profile

U.S. Bancorp is a diversified financial services holding company and the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the nation. U.S. Bancorp is known for its strong financial performance, prudent risk management, quality products and services and its focus on customer service. U.S. Bancorp supports the communities it serves through financial services, economic development initiatives, grants, sponsorships and employee volunteerism. U.S. Bancorp has been recognized as one of the safest, most respected and most trusted banking companies in the world. The company offers regional consumer and business banking and wealth management services, national wholesale and trust services, and international payments services to more than 17 million customers. Headquartered in Minneapolis, U.S. Bancorp was founded in 1863 under national Charter #24 and currently employs more than 61,000 people.
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