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U.S. Bank and CheckFree Collaborate for Bill Pay Promotion to Benefit Toys for Tots

MINNEAPOLIS--(BUSINESS WIRE)--Nov. 28, 2007--U.S. Bank and CheckFree have collaborated to encourage consumers to save time, reduce stress and make children smile this holiday season by paying bills online. For every five bills that a customer pays via U.S. Bank Internet Banking now through Dec. 31, 2007, U.S. Bank and CheckFree will donate $10 to Toys for Tots.

The goal is to raise $50,000 for Toys for Tots, an organization created and run by the U.S. Marine Corps Reserves. Their mission is to collect and distribute new, unwrapped toys as gifts to needy children in the community. Toys for Tots organized collections in more than 600 communities across the United States last year, bringing joy to the faces of nearly 7.5 million children.

"The holiday season can sometimes add stress to our already busy lives, which is why we encourage our customers to use Internet bill pay now more than ever. This year, we are adding an even more compelling reason to pay bills online, which is the opportunity to make this a holiday to remember for many kids who have had it tough this year, and to do it with just a few clicks of a mouse," said Rick Hartnack, vice chairman of consumer banking at U.S. Bank, and a veteran of the U.S. Marines. "We commend our partners at CheckFree, and especially our friends in the Marine Corps who make Toys for Tots an outstanding charity."

"Every year during this special time the Marine Toys for Tots Foundation counts on special miracles to occur. This year we are so pleased that U.S. Bank and CheckFree have teamed up to help raise enough money to fulfill the Christmas holiday dreams of over 5,000 needy children," said retired Marine Major Bill Grein, the vice president of the Marine Toys for Tots Foundation. "Every person who pays five bills online will enable us to provide a gift for one child who otherwise might be overlooked this year. It's never fun paying bills, but U.S. Bank and CheckFree can sure make it feel a lot better."

"The holidays are a special time in the life of any child, and CheckFree hopes a donation to Toys for Tots will encourage many U.S. Bank customers to pay at least five bills online this holiday season," said Alex Hart, executive vice president and general manager, CheckFree Electronic Banking Services. "This is the perfect time for U.S. Bank customers to begin managing their bills online - they can enjoy the security and convenience of electronic payments while benefiting children in their communities."

Customers can watch the gifts pile up in a special Toys for Tots gift ticker at the U.S. Bank Internet Bill Pay site. Those who are new to U.S. Bank Internet Banking will be happy to know that they are saving time and stamps, and enjoying extra security when they pay their bills online.

About Toys for Tots

Toys for Tots, a 60-year charitable program run by the U.S. Marine Corps Reserve, provides happiness and hope to disadvantaged children during each Christmas holiday season. The toys, books and other gifts collected and distributed by the Marines offer these children recognition, confidence and a positive memory for a lifetime. It is such experiences that help children become responsible citizens and caring members of their community. Visit them online at www.toysfortots.org.

About CheckFree

Founded in 1981, CheckFree Corporation (NASDAQ:CKFR) provides financial electronic commerce services and products to organizations around the world. CheckFree Electronic Commerce solutions enable financial services providers to offer the convenience of online banking, and, along with billers, to offer the convenience of receiving and paying bills online, via phone or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to hundreds of financial services organizations, which manage about $1.8 trillion in assets. CheckFree Software develops, markets and supports software applications that are used by financial institutions to process more than 75 percent of the nearly 16 billion Automated Clearing House transactions in the United States. The division also provides financial institutions and other organizations with payment processing and consulting, reconciliation and exception management, fraud and risk management, cash and logistics management, and compliance software and services. For more information visit www.checkfreecorp.com.

About U.S. Bancorp

U.S. Bancorp (NYSE:USB), with $228 billion in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,512 banking offices and 4,870 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

CONTACT: U.S. Bank
Media Relations
Teri Charest, 612-303-0732
teri.charest@usbank.com

SOURCE: U.S. Bank

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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