About the Company
U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. As of 2019, it had 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States. In 2023 it ranked 149th on the Fortune 500, and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S. U.S. Bancorp operates under the second-oldest continuous national charter, originally Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U.S. Bank's charter number from #24 to #2. The oldest national charter, originally granted to the First National Bank of Philadelphia, is held by Wells Fargo, which was obtained upon its merger with Wachovia.
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Latest $USB News
State financial officers put Bank of America on notice for allegedly 'de-banking' conservatives
A group of 15 state financial officers penned a letter to Bank of America, warning it against discriminating against ...
Indiana AG blasts Bank of America's alleged discriminatory behavior: 'You can't just pick and choose'
Indiana Attorney General Todd Rokita weighs in on the alleged behavior from Bank of America and its impact of free speech in ...
GOP AGs put a major US bank on notice for alleged 'de-banking' of conservatives
Over a dozen Republican attorneys general are warning a major U.S. bank against alleged practices of “de-banking" certain ...
WATCH: Woman Brings Dead Uncle To The Bank To Get A Loan, Makes Him Sign Documents
She tried to take out a $3,400 loan in the name of her dead relative. A Brazilian woman brought her dead uncle to the bank in ...
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, according to IMF data.
15 AGs accuse Bank of America of 'discriminatory behavior': 'A serious threat to religious freedom'
A coalition of 15 Republican state attorneys general sent a letter to Bank of America earlier this week demanding answers to ...
15 AGs put BofA on notice for ‘de-banking’ conservatives
Your discriminatory behavior is a serious threat to free speech and religious freedom, is potentially illegal, and is causing political and regulatory backlash,” alleged Kansas Attorney General Kris ...
'He's very pale': Woman arrested after taking dead uncle to bank to take out a loan, reports say
Souza Vieira Nunes was arrested in the incident caught on video by Brazil bank employee. "He doesn't look well," one teller ...
EDF provides spark as blackouts keep US corps in darkness
Electricité de France (Baa1/BBB) was the stand-out issuer when it came on Monday with a $2.05bn three-part trade. EDF sold a ...
Watch: Woman wheels dead uncle into bank to sign loan
A woman who wheeled her dead uncle into a bank to allegedly have him sign a four-figure loan in her name has been arrested in ...
A woman in Brazil was arrested after she seemingly attempted to get a dead body in a wheelchair to sign for a bank loan
The woman insists that the man, who she said was her uncle, was still alive when they entered the bank.
GOP AGs put a major US bank on notice for alleged 'de-banking' of conservatives
"Your bank needs to be transparent with and assure us, its shareholders, and others that it will not continue to de-bank customers for their speech or religious exercise," the AGs wrote.
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