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U.S. Bank Recognized by Junior Achievement with Silver U.S. President’s Volunteer Service Award

MINNEAPOLIS--(BUSINESS WIRE)--Mar. 27, 2012-- U.S. Bank has been honored by Junior Achievement USA® (JA) with a Silver 2010-2011 U.S. President’s Volunteer Service Award. U.S. Bank is being recognized for providing more than 10,000 volunteer hours to JA to meet the criteria for this honor.

President George W. Bush established the President's Council on Service and Civic Participation (the Council) in 2003 to recognize the valuable contributions volunteers make in communities and encourage more people to serve. The Council created the President’s Volunteer Service Award program as a way to thank and honor Americans who, by their demonstrated commitment and example, inspire others to engage in volunteer service. In 2006, Junior Achievement became an official certifying organization for this award, which also recognizes corporations with a U.S. presence that provide volunteers to teach JA programs anywhere in the world.

Junior Achievement is the world’s largest organization dedicated to empowering young people to own their economic success. As a thought leader and primary source for innovative work readiness, entrepreneurship and financial literacy education, Junior Achievement inspires and prepares young people to succeed in a global economy.

“Junior Achievement volunteers play an important role in bringing Junior Achievement to life in our community. Volunteers share their personal and professional experience, helping young people to make a connection between what they are learning in the classroom and what they will need to succeed. Volunteers support students, their local communities and America’s economic competitiveness,” said Junior Achievement of the Upper Midwest President Gina Blayney. “The U.S. President’s Volunteer Service Award is an outstanding way to acknowledge JA's corporate partners and their employee-volunteers, who demonstrate community commitment and encourage others to make volunteering a priority.”

“Junior Achievement of the Upper Midwest is grateful to its partners and pleased to recognize their outstanding contribution to the welfare of local students and our community. Because of the work readiness, entrepreneurship and financial literacy education they’ve provided, many students have been empowered to own their economic success,” added Junior Achievement of the Upper Midwest Board Member Jeff Kerr, president of the Institutional Trust and Custody division of U.S. Bank. To find out more about JA volunteer opportunities, visit Junior Achievement of the Upper Midwest’s website at www.jaum.org.

The award was presented to U.S. Bank at JA’s quarterly board of directors meeting recently.

About Junior Achievement USA® (JA)
Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JA reaches four million students per year in more than 120 markets across the United States, with an additional 6.5 million students served by operations in 117 other countries worldwide. Visit www.ja.org for more information.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $340 billion in assets as of Dec. 31, 2011, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,085 banking offices in 25 states and 5,053 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. Bancorp
Amy Frantti, Public Relations
(612) 303-0733
amy.frantti@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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