MINNEAPOLIS--(BUSINESS WIRE)--July 17, 2008--Millions of U.S. Bank
consumer and small business customers who access their bank accounts
via the Internet will have even greater flexibility as U.S. Bank now
offers Mobile Banking to all U.S. Bank Internet Banking users.
Banking via a mobile device, customers will be able to check
balances, obtain transaction history, transfer money and find a U.S.
Bank branch or ATM near them. The new features complement existing
email and paging options that alert customers to low balance
thresholds and deposits or withdrawals above key dollar amounts that
are set by the user. Future enhancements to these core functions will
include the ability to pay bills via U.S. Bank Internet Bill Pay and
the introduction of text message based alerts and services.
"U.S. Bank is committed to finding new ways to make our customers
lives more convenient, so we are pleased to offer mobile banking to
all Internet Banking customers with no additional enrollment required.
By offering a web-based solution built on open standards, we hope to
bring this new level of convenience to as many customers as possible,"
said Mac McCullough, executive vice president and head of U.S.
Bancorp's Enterprise Revenue Office.
Approximately 220 million Americans currently subscribe to
wireless services, and the vast majority of current mobile devices
have web browser and text message capabilities making the target
market vast and deep. Teens, university students, recent graduates and
frequent business travelers place significant value on the convenience
and overall customer experience provided by mobile devices.
U.S. Bank Mobile Banking is available with any major mobile phone
carrier, as long as the customer has access to the Internet. The
custom U.S. Bank mobile banking page at m.usbank.com makes it very
easy for customers to navigate through core banking functions or
quickly contact U.S. Bank's 24 hour banking center by phone or email.
U.S. Bancorp (NYSE:USB), with $247 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States. The company operates 2,542 banking offices and 4,895
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
SOURCE: U.S. Bank