MINNEAPOLIS--(BUSINESS WIRE)--Sept. 18, 2007--U.S. Bancorp
(NYSE:USB) announced it will lower its prime lending rate to 7.75
percent from 8.25 percent, effective after the close of business
today, September 18, 2007, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate on
June 29, 2006, when it was increased 25 basis points to 8.25 percent.
U.S. Bancorp, with assets of $223 billion, is the 6th largest
commercial bank in the United States. The company operates 2,499
banking offices and 4,867 ATMs, and provides a comprehensive line of
banking, brokerage, insurance, investment, mortgage, trust and payment
services products to consumers, businesses and institutions. U.S.
Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the
web at www.usbank.com.
CONTACT: U.S. Bancorp
Steve Dale (Media), 612-303-0784
Judith T. Murphy (Analysts), 612-303-0783
SOURCE: U.S. Bancorp