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U.S. Bancorp’s Pamela Joseph and Leslie Godridge among American Banker Magazine’s “Most Powerful Women in Banking”

MINNEAPOLIS--(BUSINESS WIRE)--Sep. 19, 2013-- American Banker magazine has named two U.S. Bancorp (NYSE: USB) women among its “25 Most Powerful Women in Banking.” Pamela Joseph and Leslie Godridge are honored in the magazine’s 2013 “Most Powerful Women in Banking,” which is featured in its October issue.

Joseph, vice chair and head of U.S. Bancorp’s payment services division, earned the #4 position for 2013. This is the eighth year that she has been included in the most powerful women ranking. Joseph’s division, with revenues reaching $4.7 billion in 2012, continues to grow and innovate, bringing new products and strategies to market.

Godridge, executive vice president of national corporate and institutional banking, earned the #16 position on the list of most powerful women. This is the third consecutive year she has been included in the “Most Powerful Women in Banking” list. Since Godridge joined U.S. Bank in 2007, the national corporate and institutional portfolio grew more than 50 percent, generating over $1 billion in annual revenue across all product lines.

“It’s an honor to see Pam and Leslie recognized for what those of us inside U.S. Bancorp know about them, their significant contributions to our company and the industry,” said Richard Davis, chairman, president and chief executive officer (CEO) of U.S. Bancorp. “Their commitment to the company, its clients, employees and shareholders is unwavering. They lead by example, and their business acumen, combined with their philanthropic and humanitarian work, are exceptional.”

As chairman of Women Leaders in Action (WLA), Joseph leads a senior group of women in the payment services organization who raised a significant amount of money to enhance and further the education of orphaned children in Africa. In 2012 and 2013, WLA began to support Heart for Africa, which is assisting abandoned children in Swaziland. WLA funded the building and outfitting of a preschool in Swaziland. The team will return this fall to Kenya to visit seven schools that they are currently partnering with to support students from the ages of two to 22.

Godridge was honored this year for her leadership at U.S. Bank and her commitment to the community by the UJA-Federation of New York’s Wall Street & Financial Services Division. Godridge was recognized at its annual banking and finance event that celebrates the business and philanthropic achievements of individuals who inspire others through their dedication, generosity and leadership. She joins an elite group of past honorees, who, over the last six years, have been CEO’s or chairmen of major financial institutions.

U.S. Bancorp, with $353 billion in assets as of June 30, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. Celebrating its 150th anniversary this year, the company operates 3,087 banking offices in 25 states and 5,032 ATM 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.

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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