Our impact in the communities we serve.

As a financial services provider, we invest our human and financial resources to help people and the planet.

You can learn more about our progress in our 2022 ESG report(opens new window), with a 2023 version expected later this year. Below are some key advancements we made in 2023.

$96.4M in corporate contributions and U.S. Bank Foundation giving

360,000 employee volunteer hours

$17M pledged to nonprofits through annual Employee Giving Campaign

98% renewable electricity sourced for our operations^†

1.5M individuals received financial education with a focus on underserved communities

$555M committed to community development financial institutions (CDFIs) and other intermediaries¹

$3.2B in renewable energy tax equity and debt commitments

$3B in affordable housing tax equity and debt commitments

Outstanding rating received by U.S. Bank from the most recent Community Reinvestment Act (CRA) exam²

• † As of year-end 2022 (the most recently data available).
• 1. Figure represents total 2023 debt commitment, foundation grants and corporate contributions.
• 2. Community Reinvestment Act (CRA) exam by the Office of the Comptroller of the Currency (OCC) is from January 1, 2016, to December 31, 2020.

Supporting excellence for our veterans

In 2023, we continued our investment in our veterans – both on our teams and in our communities. We were honored to once again be named to the annual Military Times Best for Vets: Employers(opens new window) list, which we’ve appeared on every year since it began in 2010. This year, we climbed to No. 3 on the list, which prioritizes recruitment and employment practices, as well as retention and support programs, in its scoring and final rankings. U.S. Bank actively recruits military and veteran employees through partnerships with Hiring Our Heroes(opens new window) and a dedicated careers page(opens new window) that matches military skills and training to open roles. We also support our military and veteran employees through expansive leave policies, iPads for families to stay connected during deployments and our award-winning, 5,000-member Proud to Serve business resource group. These efforts also earned us recognition from Forbes^® as one of America’s Best Employers for Veterans 2023(opens new window).

In communities, we again teamed up with Freedom Alliance, Operation Homefront and others to give back to military families. With the help of these partners, in 2023 we donated four homes to veterans, including U.S. Army Sergeant Xanthin Luptak and his family, who received a mortgage-free home through the U.S. Bank^® HOME program(opens new window). In total, we’ve donated 26 homes to veteran families since 2013. Additionally, as part of the Driven to Serve initiative, we helped provide payment-free vehicles to two Gold Star families of service members who were killed in the line of duty, and a wheelchair-accessible van to U.S. Army Staff Sergeant Jarid Clapp, marking our 68th vehicle donation to veterans since 2018. The donations represent a long-term commitment to giving back to those who serve. Since 2013, U.S. Bank Impact Finance has supported a range of housing for veterans nationwide, totaling over 3,600 units, $575 million in equity and $588 million in debt commitments in investments – and we expect to invest in more veteran-focused projects in 2024.