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U.S. Bank Raises Nearly $60,000 for Minnesota Food Shelves

MINNEAPOLIS--(BUSINESS WIRE)--June 3, 2008--U.S. Bank (NYSE:USB) has raised nearly $60,000 in food and cash donations to help restock Minnesota's food shelves as a result of the company's partnership with the Minnesota FoodShare March Campaign, the largest food and cash drive in the state.

U.S. Bank and its employees, customers and neighbors contributed a total of $59,500 in food and cash donations at Minnesota U.S. Bank locations across the state this year - a 41 percent increase over the company's 2007 March Campaign results. This includes a $5,000 grant and more than $12,800 in employee matching gifts from the U.S. Bancorp Foundation.

Throughout the month of March, U.S. Bank branches across Minnesota served as community collection sites for the donation of food and cash. Also, U.S. Bank employees brought food and cash donations to work during a week-long employee campaign. This marked the seventh year in a row that U.S. Bank has partnered with Minnesota FoodShare for its March Campaign.

"We're very proud of the results from our collection efforts during this year's Minnesota FoodShare March Campaign," said Deb Burke, director of the U.S. Bancorp Foundation. "U.S. Bank's customers, employees and community members have truly stepped up to the challenge of helping their neighbors in need."

Minnesota FoodShare, a program of the Greater Minneapolis Council of Churches, directs the March Campaign, which helps restock more than 265 food shelves across Minnesota. Half of all the groceries distributed at Minnesota's food shelves each year come from the March Campaign.

U.S. Bancorp, with $242 billion in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,522 banking offices and 4,844 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.

Jennifer Wendt, 612-303-0731


"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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