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U.S. Bank Donates More Than $100,000 to Nonprofit Organizations to Honor Five Star Volunteer Award Winners

MINNEAPOLIS--(BUSINESS WIRE)--Jan. 3, 2008--U.S. Bank has announced the most recent recipients of the U.S. Bank Five Star Volunteer Award, which honors employees for their exceptional volunteer service in the community in 2007. To recognize the 135 outstanding volunteers located in 26 states and Washington D.C., U.S. Bank will contribute a total of $101,500 to nonprofit organizations in their honor.

Recipients of the U.S. Bank Five Star Volunteer Award were chosen based on criteria such as community impact and depth of volunteer service. Nominations for the Five Star Volunteer Award were submitted by employees, coworkers and the organizations where U.S. Bank employees volunteer.

"From leading local youth organizations to assisting people with special needs, and everything in between, these 135 U.S. Bank employees have donated their time and talents, tirelessly working to make a positive impact in their communities," said Deborah Burke, director of the U.S. Bancorp Foundation. "We're pleased to honor them for their volunteer efforts, and we're proud to count them as fellow U.S. Bank employees."

U.S. Bancorp has a long-standing record of community leadership in the key areas of affordable housing, economic opportunity, arts and culture, education and community service. The company received the highest rating possible from the Office of the Comptroller of Currency in 2006, the most recent evaluation period, for its commitment to the Community Reinvestment Act (CRA), meeting the credit needs of all segments of the communities that U.S. Bancorp serves.

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. Bancorp
Jennifer Wendt, 612-303-0731
jennifer.wendt@usbank.com

SOURCE: U.S. Bancorp

"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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