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U.S. Bank’s Pamela Joseph Honored with 2014 Distinguished Payments Professional Award

MINNEAPOLIS--(BUSINESS WIRE)--May 8, 2014-- Pamela Joseph, vice chair at U.S. Bancorp and head of the company’s payment services division, was recently honored by the Electronic Transaction Association with the 2014 Distinguished Payments Professional Award.

A veteran of the payments industry, Joseph is recognized not only for her business acumen but as a thought leader on the role financial institution play in the evolving payments industry.

“Pam is known throughout our industry for her many accomplishments, her down-to-earth personality and her long standing business relationships,” said Jason Oxman, CEO of the Electronic Transactions Association (ETA). “Long a supporter of ETA, Pam helps push our industry to embrace innovation and new technology. Under her leadership at U.S. Bank, innovation is the driving force behind initiatives in mobile, location services, encoded media, loyalty and other new technologies. ETA is proud to honor Pam as our Distinguished Payments Professional for 2014.”

In addition to her daily business activity, Joseph leads the Women Leaders in Action (WLA), a women’s resource group uniting women across U.S. Bank Payment Services with a mission to provide support for community-based programs. The team has provided resources to women and children in Kenya for education and housing. To learn more about WLA visit www.womenleadersinaction.org.

The Distinguished Payments Professional award is intended to recognize an industry leader, acknowledged trend-setter, role model, and positive contributor to the efficacy and overall image of the industry. The group honors individuals who develop and drive industry trends; are respected and valued by industry constituents; garner credibility and respect with external stakeholders; contribute positively to the overall perception of the industry demonstrating integrity, high ethical standards, professionalism and who actively contribute to the collective success of the payments industry. Visit the ETA online at www.electran.org.

U.S. Bancorp (NYSE: USB), with $371 billion in assets as of March 31, 2014, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,083 banking offices in 25 states and 4,878 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. Bancorp

Teri Charest, U.S. Bank Public Relations
(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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