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U.S. Bancorp Women Honored Among "Most Powerful" in Banking

MINNEAPOLIS, Oct 05, 2011 (BUSINESS WIRE) --

American Banker Magazine has released its list of "Most Powerful Women in Banking" and three U.S. Bancorp women are recognized for their achievements this year. They will be honored at a celebration in New York on Thursday, Oct. 6.

Pamela Joseph, who leads U.S. Bancorp Payment Services, holds the #6 position on the "Most Powerful Women in Banking" list and Leslie Godridge, who leads U.S. Bank National Corporate Banking, entered the list for the first time at #22. Lynn Heitman, who leads the bank branded division of U.S. Bank Retail Payment Solutions, was named among the magazine's "Women to Watch."

"Pam, Leslie and Lynn represent the quality of leadership that we value and embrace at U.S. Bancorp, and it is no surprise to me that they continue to be honored for their dedication and achievements," said Richard Davis, chairman, president and chief executive officer of U.S. Bancorp. "On behalf of their colleagues across the company, I congratulate them for all they do for our customers and our industry."

To view the full article and profiles of the winners visit www.americanbanker.com/25mpwib.

U.S. Bancorp (NYSE: USB), with $321 billion in assets as of June 30, 2011, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,086 banking offices in 25 states and 5,086 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.

SOURCE: U.S. Bancorp

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