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U.S. Bancorp to Speak at the Citi 2011 Financial Technology Conference

MINNEAPOLIS, Nov 03, 2011 (BUSINESS WIRE) --

U.S. Bancorp (NYSE: USB) announced today that Pamela Joseph, vice chairman, is scheduled to participate in a discussion regarding the global payments industry and Elavon, a wholly owned subsidiary of U.S. Bancorp and a leading global payments provider, at the Citi 2011 Financial Technology Conference. The session will begin at 9:40 a.m. EST on Tuesday, November 8, 2011, in Boston, MA.

A live audio-webcast of the session will be available through U.S. Bancorp's website at usbank.com. A replay of the webcast will be available one hour after the live event at the same location on the website and will remain posted for 90 days.

Elavon's Global Acquiring Solutions organization is a part of U.S. Bancorp (NYSE: USB) and provides end-to-end payment processing services to more than 1.2 million merchants in North America, Europe, Mexico and Brazil. Elavon markets solutions including credit and debit card processing, electronic check services, gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring through multiple alliance channels including financial institutions, trade associations and third party sales agents. Elavon's suite of solutions is tailored to meet the needs of merchants in specialized markets such as small business, retail, hospitality/T&E, health care, education and the public sector. For more information about Elavon visit www.elavon.com.

U.S. Bancorp (NYSE: USB), with $330 billion in assets as of September 30, 2011, is the parent company of U.S. Bank NA, the 5th largest commercial bank in the United States. The company operates 3,089 banking offices in 25 states and 5,092 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.

SOURCE: U.S. Bancorp

U.S. Bancorp
Investor Relations
Judith T. Murphy, 612-303-0783
or
Media Relations
Thomas Joyce, 612-303-3167
"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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