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U.S. Bank Now Accepting Applications for 18th Annual U.S. Bank Scholarship

Program includes new financial education incentive for students

MINNEAPOLIS--(BUSINESS WIRE)--Feb. 3, 2014-- U.S. Bank is now accepting applications for the 2014 U.S. Bank Scholarship Program, continuing its support of current and future college students. In the program’s 18-year history, U.S. Bank has awarded more than $500,000 in college scholarships to students across the country.

U.S. Bank will award $1,000 scholarships to 35 students through a random drawing. New this year, it will award one $5,000 scholarship to a student who completes a series of eight Financial Genius education courses online. Applications will be accepted through May 29, 2014. Students can review official terms and conditions and apply online at www.usbank.com/scholarship.

“We are proud to continue the U.S. Bank Scholarship Program for the 18th consecutive year,” said Erica Opstad, vice president, Office of Corporate Citizenship & Financial Education at U.S. Bank. “The addition of a financial education element to the scholarship program will help students learn about personal finance at an important stage in their lives.”

The online financial education courses will cover topics such as savings, credit and identity protection. U.S. Bank partnered with Washington, D.C.-based education technology company EverFi to implement the activities, which aim to train and motivate students to make positive financial decisions.

U.S. Bank is one of the top student banking institutions in the nation, providing a comprehensive line of student banking products including mobile and online banking, campus ID card programs, U.S. Bank student checking and savings and Visa Buxx® prepaid spending cards. Students and parents can find information and tips about financial education for students on U.S. Bank’s website – www.usbank.com/studentbanking.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $364 billion in assets as of Dec. 31, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The company operates 3,081 banking offices in 25 states and 4,906 ATMs 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. Bank

U.S. Bank Public Relations
Nicole Garrison-Sprenger, 612-303-0731
nicole.sprenger@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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