U.S. Bank

First National Bank of Cincinnati opened for business. As regional banks proliferated across the country in the years that followed, a number of other predecessors were born. After a series of mergers at the turn of the 21st century, we formally took on the U.S. Bank name and established our headquarters in Minnesota. Today, U.S. Bank is the fifth-largest bank in the country, with 74,000 employees and $467 billion in assets as of December 31, 2018.

(source: usbank.com)

US Bancorp Card Net Charge-Off Rate Hits 4.2%
US Bancorp Card Net Charge-Off Rate Hits 4.2%
April 17, 2024  |  Earnings

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit...

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US Bancorp Interest Income Dips as Customer Caution Continues
US Bancorp Interest Income Dips as Customer Caution Continues
April 17, 2024  |  Banking

U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net...

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US Bank Says Credit Products Win by Rewarding Small Businesses for Their Spend
US Bank Says Credit Products Win by Rewarding Small Businesses for Their Spend
February 22, 2024  |  SMBs

The right borrowing tools can have a big impact on small businesses’ future growth prospects. That’s because small and medium-sized businesses (SMBs) commonly face a...

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US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
February 15, 2024  |  Banking

U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks...

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The Smaller the Business, the Less Interested They Seem in Using Credit — Why?
The Smaller the Business, the Less Interested They Seem in Using Credit — Why?
January 31, 2024  |  SMBs

Flexible and accessible borrowing tools are a financial cornerstone for many small to mid-sized businesses (SMBs). PYMNTS Intelligence’s latest study finds that 90% of SMBs...

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US Bank Debuts Avvance Installment Payment Tool
US Bank Debuts Avvance Installment Payment Tool
October 24, 2023  |  Loans

U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. The lender’s Avvance offering, announced Tuesday (Oct. 24) is an “embedded, multi-channel point-of-sale lending...

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US Bank Debuts Online Treasury Solution/Payment Marketplace
US Bank Debuts Online Treasury Solution/Payment Marketplace
September 21, 2023  |  Banking

U.S. Bank has introduced an online third-party payment/treasury solution marketplace. The bank’s Connected Partnership Network, announced Thursday (Sept. 21), helps corporate treasury teams easily identify...

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US Bank Launches Banking, Payments Services for Smaller Medical Practices
US Bank Launches Banking, Payments Services for Smaller Medical Practices
September 14, 2023  |  Healthcare

U.S. Bank says it wants to give smaller medical practices the same financial help as their larger counterparts.  The bank on Thursday (Sept. 14) announced a program...

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US Bank’s Elavon Launches New ‘Anytime, Anywhere’ POS System
US Bank’s Elavon Launches New ‘Anytime, Anywhere’ POS System
August 30, 2023  |  SMBs

U.S. Bank subsidiary Elavon has launched a next-generation model of its Android-based point-of-sale (POS) system called talech Terminal. The system aims to help small business owners streamline their operations...

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