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Industry Center - Regional - Midwest Banks
Industry Center > Regional - Midwest Banks > U.S. Bancorp Company Profile
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U.S. Bancorp Company Profile
Not quite a bank for the entire US, U.S. Bancorp has more than 2,900 locations and 5,000 branded ATMs in two dozen midwestern and western states. The bank holding company, one of the 10 largest in the country, owns U.S. Bank and other subsidiaries that provide consumer and commercial banking, as well as credit card and ATM processing, mutual funds, mortgage banking, brokerage, wealth management, equipment leasing, trust services, corporate payments, and insurance. In 2009 the company acquired the nine banking subsidiaries of the failed FBOP Corporation; the FDIC-assisted transaction added some 150 locations in Arizona, California, Illinois, and Texas to U.S. Bank's network.
Headlines for U.S. Bancorp
Buyers Take a Pass on Some Failed Banks
at The Wall Street Journal Online - 46 minutes ago
[external] 5 Strong Stocks for Your IRA
at Motley Fool - Sun 10:00 am ET
[external] U.S. banks less exposed to Dubai than Europe
at MarketWatch - Fri Nov 27
U.S. Bancorp to Sell 3 Texas Banks
Zacks.com - Fri Nov 27
More Headlines...
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Contact Information
Address: 800 Nicollet Mall
Minneapolis, MN 55402-7014
Phone:651-466-3000
Fax:612-303-0782
Financial Highlights
Fiscal Year End:December
Revenue (2008):14543.00 M
Revenue Growth (1 yr):4.90%
Employees (2008):57,000
Employee Growth (1 yr):5.60%
Key People
Chairman, President, and CEO: Richard K. Davis
Vice Chairman and CFO: Andrew Cecere
Vice Chairman Technology and Operations Services: William L. Chenevich
Industry Information
Sector: Financial
Industry: Regional - Midwest Banks
Top Competitors
Bank of America Corporation (bac)
JPMorgan Chase & Co. (jpm)
Wells Fargo & Company (wfc)
 


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