U.S. Bancorp: Meeting the challenges head on

U.S. Bancorp met the unprecedented challenges facing our industry and the financial markets in 2008 with swift and decisive actions to keep our company strong and profitable. Our principles of financial discipline, balance sheet strength and prudent risk administration allowed us to manage the economic and industry turmoil of the past year. We continue to build on our commitments of building deeper customer relationships, investing in innovation for the future, and expanding our capabilities and reach.

Corporate profile

U.S. Bancorp is a diversified financial services holding company and the parent company of U.S. Bank, the sixth-largest commercial bank in the United States. At year-end 2008, U.S. Bancorp had total assets of $266 billion. U.S. Bancorp offers regional consumer and business banking and wealth management services, national wholesale and trust services and global payments services to more than 15.8 million customers. U.S. Bancorp is headquartered in Minneapolis, Minnesota and employs more than 57,000 people.

Visit U.S. Bancorp online at usbank.com