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U.S. Bancorp First Quarter Earnings Release and Conference Call Set for Tuesday, April 19, 2011

MINNEAPOLIS, Mar 16, 2011 (BUSINESS WIRE) --

U.S. Bancorp (NYSE: USB) will release its first quarter 2011 earnings before the market opens on Tuesday, April 19, 2011. At 7:00 a.m. (CDT) Richard K. Davis, chairman, president and chief executive officer, and Andrew Cecere, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available by telephone or on the Internet. A presentation will be used during the call and will be available on our website at www.usbank.com.

Via telephone:

To access the conference call from locations within the United States and Canada, please dial 866-316-1409. Participants calling from outside the United States and Canada, please dial 706-634-9086. The conference ID number for all participants is 52244910.

For those unable to participate during the live call, a recording of the call will be available approximately two hours after the conference call ends on Tuesday, April 19th, and will run through Tuesday, April 26th, at 11:00 p.m. (CDT). To access the recorded message within the United States and Canada, dial 800-642-1687. If calling from outside the United States and Canada, please dial 706-645-9291to access the recording. The conference ID is 52244910.

Via Internet:

To access the webcast and presentation go to www.usbank.com and click on "About U.S. Bank". The "Webcasts and Presentations" link can be found under the Investor/Shareholder information heading, which is at the left side of the bottom of the page.

Minneapolis-based U.S. Bancorp ("USB"), with $308 billion in assets as of December 31, 2010, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,069 banking offices in 25 states and 5,310ATMs 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 usbank.com.

SOURCE: U.S. Bancorp

U.S. Bancorp
Judith T. Murphy, Investors/Analysts, 612-303-0783
Steve Dale, Media, 612-303-0784
"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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