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Encyclopedia > US Bank
U.S. Bancorp
US Bancorp logo
Type: Public
Founded:
Headquarters: Minneapolis, Minnesota
Key people: Jerry Grundhofer, CEO & Chairman
Industry: Finance and Insurance
Products: Financial Services
Employees: 51,377
Website: www.usbank.com

U.S. Bancorp (NYSE: USB) is a financial services holding company, headquartered in Minneapolis, Minnesota. Its retail division is U.S. Bank, the sixth-largest bank in the United States based on holdings. A public company is a company owned by the public rather than by a relatively few individuals. ... Flag Seal Nickname: City of Lakes Motto: En Avant Location Location in Hennepin County and the state of Minnesota. ... Jerry Grundhofer is the CEO & Chairman of U.S. Bancorp. ... Finance and Insurance is an industry group that mainly handles the transfer of paper and money, financial assets. These include: Accounting, Asset Management, Electronic Communications Networks, Financial Services Regulatory Agencies, Investment Banking Investment Firms, Investment Funds, Lending, Outsourced Financial Products & Services Marketing, Securities Brokers & Traders, Stock Exchanges, Trade Facilitation, and... This article is in need of improvement. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Website - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ... This article is in need of improvement. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... Flag Seal Nickname: City of Lakes Motto: En Avant Location Location in Hennepin County and the state of Minnesota. ... Official language(s) English Capital Saint Paul Largest city Minneapolis Area  Ranked 12th  - Total 87,014 sq mi (225,365 km²)  - Width 250 miles (400 km)  - Length 400 miles (645 km)  - % water 8. ...


U.S. Bancorp was number 143 in the Fortune 500 list of major U.S. companies for 2004. The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

Contents


Coverage

U.S. Bancorp has locations in Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming. Official language(s) None Capital Phoenix Largest city Phoenix Area  Ranked 6th  - Total 113,998 sq mi (295,254 km²)  - Width 310 miles (500 km)  - Length 400 miles (645 km)  - % water 0. ... Official language(s) English Capital Little Rock Largest city Little Rock Area  Ranked 29th  - Total 53,179 sq mi (137,732 km²)  - Width 239 miles (385 km)  - Length 261 miles (420 km)  - % water 2. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... Official language(s) English Capital Denver Largest city Denver Area  Ranked 8th  - Total 104,185 sq mi (269,837 km²)  - Width 280 miles (451 km)  - Length 380 miles (612 km)  - % water 0. ... Official language(s) English Capital Tallahassee Largest city Jacksonville Area  Ranked 22nd  - Total 65,794 sq mi (170,451 km²)  - Width 162 miles (260 km)  - Length 497 miles (800 km)  - % water 17. ... Official language(s) None Capital Boise Largest city Boise Area  Ranked 14th  - Total 83,642 sq. ... Official language(s) English Capital Springfield Largest city Chicago Area  Ranked 25th  - Total 57,918 sq mi (149,998 km²)  - Width 210 miles (340 km)  - Length 390 miles (629 km)  - % water 4. ... Official language(s) English Capital Indianapolis Largest city Indianapolis Area  Ranked 38th  - Total 36,418 sq mi (94,321 km²)  - Width 140 miles (225 km)  - Length 270 miles (435 km)  - % water 1. ... Official language(s) English Capital Des Moines Largest city Des Moines Area  Ranked 26th  - Total 56,272 sq mi (145,743 km²)  - Width 199 miles (320 km)  - Length 310 miles (500 km)  - % water 0. ... Official language(s) English Capital Topeka Largest city Wichita Area  Ranked 15th  - Total 82,277 sq. ... Official language(s) English Capital Frankfort Largest city Louisville Area  Ranked 37th  - Total 40,444 sq mi (104,749 km²)  - Width 140 miles (225 km)  - Length 379 miles (610 km)  - % water 1. ... Official language(s) English Capital Saint Paul Largest city Minneapolis Area  Ranked 12th  - Total 87,014 sq mi (225,365 km²)  - Width 250 miles (400 km)  - Length 400 miles (645 km)  - % water 8. ... Official language(s) None Capital Jefferson City Largest city Kansas City Largest metro area St. ... Official language(s) English Capital Helena Largest city Billings Area  Ranked 4th  - Total 147,165 sq mi (381,156 km²)  - Width 255 miles (410 km)  - Length 630 miles (1,015 km)  - % water 1  - Latitude 44°26 N to 49° N  - Longitude 104°2 W to 116°2 W Population  Ranked... Official language(s) English Capital Lincoln Largest city Omaha Area  Ranked 16th  - Total 77,421 sq mi (200,520 km²)  - Width 210 miles (340 km)  - Length 430 miles (690 km)  - % water 0. ... Official language(s) None Capital Carson City Largest city Las Vegas Area  Ranked 7th  - Total 110,567 sq mi (286,367 km²)  - Width 322 miles (519 km)  - Length 490 miles (788 km)  - % water 0. ... Official language(s) English Capital Bismarck Largest city Fargo Area  Ranked 19th  - Total 70,762 sq mi (183,272 km²)  - Width 210 miles (340 km)  - Length 340 miles (545 km)  - % water 2. ... Official language(s) None Capital Columbus Largest city Columbus Largest metro area Cleveland Area  Ranked 34th  - Total 44,825 sq mi (116,096 km²)  - Width 220 miles (355 km)  - Length 220 miles (355 km)  - % water 8. ... Official language(s) None Capital Salem Largest city Portland Area  Ranked 9th  - Total 98,466 sq mi (255,026 km²)  - Width 260 miles (420 km)  - Length 360 miles (580 km)  - % water 2. ... Official language(s) English Capital Pierre Largest city Sioux Falls Area  Ranked 17th  - Total 77,163 sq mi (199,905 km²)  - Width 210 miles (340 km)  - Length 380 miles (610 km)  - % water 1. ... Official language(s) English Capital Nashville Largest city Memphis Area  Ranked 36th  - Total 42,169 sq mi (109,247 km²)  - Width 120 miles (195 km)  - Length 440 miles (710 km)  - % water 2. ... Official language(s) See: Languages of Texas Capital Austin Largest city Houston Area  Ranked 2nd  - Total 268,581 sq mi (695,622 km²)  - Width 773 miles (1,244 km)  - Length 790 miles (1,270 km)  - % water 2. ... Official language(s) English Capital Salt Lake City Largest city Salt Lake City Area  Ranked 13th  - Total 84,876 sq mi (219,887 km²)  - Width 270 miles (435 km)  - Length 350 miles (565 km)  - % water 3. ... Official language(s) None Capital Olympia Largest city Seattle Area  Ranked 18th  - Total 71,342 sq mi (184,824 km²)  - Width 240 miles (385 km)  - Length 360 miles (580 km)  - % water 6. ... Official language(s) None Capital Madison Largest city Milwaukee Area  Ranked 23rd  - Total 65,498 sq. ... Official language(s) English Capital Cheyenne Largest city Cheyenne Area  Ranked 11th  - Total 97,818 sq mi (253,348 km²)  - Width 280 miles (450 km)  - Length 360 miles (580 km)  - % water 0. ...


Subsidiaries

Former subsidiaries include Piper Jaffray NYSE: PJC, which became an independent, publicly held company following its spin-off from U.S. Bancorp on December 31, 2003. Piper Jaffray is a US boutique investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution within targeted sectors of the financial services marketplace. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ... A spin-off (or spinoff) is a new organization or entity formed by a split from a larger one such as a new company formed from a university research group. ...


History

The bank has developed from a number of mergers, beginning with First Bank System's acquisition of the original U.S. Bancorp (originally headquartered in Portland, Oregon) in 1997. Firstar Bank then acquired U.S. Bancorp in 2000, following two other mergers in 1999 when it merged with Star Bank (formerly First National Cincinnati) of Cincinnati, Ohio, and then bought Mercantile Bancorporation of St. Louis, Missouri five months later. Flag Seal Nickname: City of Roses, Stumptown, Bridgetown Location Location in Multnomah County and the state of Oregon Coordinates , Government Country State County United States Oregon Multnomah County Mayor Tom Potter Geographical characteristics Area     City 145. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... This article is about the year 2000. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... Flag Seal Nickname: The Queen City Location Location in Hamilton County, Ohio Coordinates: Government Country State County United States Ohio Hamilton Founded Incorporated 1788 1819 Mayor Mark L. Mallory (D) Geographical characteristics Area 206. ... Flag Seal Nickname: Gateway City, Gateway to the West, or Mound City Location Location in the state of Missouri Coordinates: , Government Country State County United States Missouri Independent City Mayor Francis G. Slay (D) Geographical characteristics Area     City 66. ...


Other banks that were bought by Firstar include Federated Bank, First Colonial Bankshares Corporation, Banks of Iowa, and Investors Bank. Banks bought by Mercantile Bancorporation include Mark Twain Bancshares, Firstbank of Illinois, Hawkeye Bancorporation, and Ameribanc. Star Bank Corporation bought Great Financial Bank, and US Bancorp bought West One Bancorp.


Namesakes

The U.S. Bank Tower in Los Angeles is named for this company, as is the U.S. Bancorp Tower in Portland, Oregon, the U.S. Bank Tower in Cincinnati, Ohio, the U.S. Bank Center in Milwaukee, WI, U.S. Bank Arena in Cincinnati, Ohio and the U.S. Bank Center in Saint Paul, MN. U.S. Bank Tower in Downtown Los Angeles is the tallest North American building west of Chicago. ... Flag Seal Nickname: City of Angels Location Location within Los Angeles County in the state of California Coordinates , Government State County California Los Angeles County Mayor Antonio Villaraigosa (D) Geographical characteristics Area     City 1,290. ... Flag Seal Nickname: City of Roses, Stumptown, Bridgetown Location Location in Multnomah County and the state of Oregon Coordinates , Government Country State County United States Oregon Multnomah County Mayor Tom Potter Geographical characteristics Area     City 145. ... Flag Seal Nickname: The Queen City Location Location in Hamilton County, Ohio Coordinates: Government Country State County United States Ohio Hamilton Founded Incorporated 1788 1819 Mayor Mark L. Mallory (D) Geographical characteristics Area 206. ... U.S. Bank Center U.S. Bank Center is a high-rise located in Milwaukee, Wisconsin, noted for being the tallest building in the state. ... This article is about Milwaukee in Wisconsin. ... U.S. Bank Arena in Cincinnati, Ohio. ... Flag Seal Nickname: The Queen City Location Location in Hamilton County, Ohio Coordinates: Government Country State County United States Ohio Hamilton Founded Incorporated 1788 1819 Mayor Mark L. Mallory (D) Geographical characteristics Area 206. ... State capitol building in Saint Paul Saint Paul is the capital and second-largest city of the state of Minnesota in the United States of America. ...


External links

Commercial banks in the United States
AmSouth Bank | Bank of America | Bank of the West | BB&T | Capital One Bank | Charter One Bank | Chase | Citibank | Citizens Bank | Comerica | Commerce Bank | Compass Bank | Fifth Third Bank | First Tennessee Bank | Harris Bank | HSBC | Huntington National Bank | Key Bank | LaSalle Bank | M&T Bank | National City | North Fork Bank | PNC Bank | RBC Centura | Regions Bank | Sovereign Bank | SunTrust Bank | TCF Bank | TD Banknorth | Union Bank of California | U.S. Bank | Wachovia | Washington Mutual | Wells Fargo

 
 

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