|
|
Key Business Units
| • | Corporate Payment Systems provides Visa® corporate and purchasing cards and other payment solutions to companies with annual sales greater than $50 million, as well as federal, state and local governments |
| • | Card Services provides credit and debit card products to consumer and small business customers of U.S. Bancorp, correspondent financial institutions and co-brand partners |
| • | NOVA Information Systems, Inc. specializes in integrated credit and debit card payment processing services, related software application products and value-added services for more than 650,000 U.S. merchant locations |
| • | Transaction Services specializes in ATM processing, supporting U.S. Bank ATMs and facilitating electronic transactions for other financial institutions and corporations through ATMs, debit cards, two proprietary regional networks and a network gateway |
Strengths and Successes
| • | Industry-leading products |
| • | Proprietary technology |
| • | Operational economies of scale |
| • | No. 1 Visa commercial card issuer |
| • | Top 2 universal fleet card provider |
| • | Top 3 bank-owned ATM network |
| • | Top 3 merchant processor |
| • | Top 6 Visa and MasterCard® issuer |
Contribution to 2001
U.S. Bancorp Operating Income
|
