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U.S. Bancorp's Pamela Joseph and Leslie Godridge Named among American Banker Magazine's "Most Powerful Women in Banking"

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 10, 2014-- 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 were honored at an awards dinner at the Waldorf Astoria in New York City, and in the magazine’s “Most Powerful Women in Banking” issue in October 2014.

Joseph, vice chair and head of U.S. Bancorp’s payment services division, earned the #4 position for 2014. This is the ninth year that she has been included in the most powerful women ranking. Joseph’s division continues to grow and innovate, bringing new products and strategies to market.

Godridge, executive vice president and Head of National Corporate Specialized Industries & Global Treasury Management, earned the #16 position on the list of most powerful women. This is the fourth consecutive year she has been included in the “Most Powerful Women in Banking” list. In 2014, Leslie’s responsibilities significantly expanded to include Global Treasury Management, a business with more than 600 employees and revenues over $700 million. Godridge now leads the two largest businesses in U.S. Bank’s Wholesale Banking business line.

“Pam and Leslie are highly deserving of this honor because of their outstanding leadership and results produced by their teams, as well as their dedication to enriching the communities where they live, work and volunteer,” said Richard Davis, chairman, president and chief executive officer of U.S. Bancorp. “We are fortunate to have them at U.S. Bancorp.”

As founder and chairman of Women Leaders in Action (WLA), Joseph supports a team of senior women in the payments services organization with leadership training, sponsorship and networking. In addition the women created WLA Kids, a nonprofit group focused on supporting children in Africa with school fees. Over the past three years the group has helped more than 3,000 children, and provided assistance to more than a dozen schools with books, desks, water tanks and other furnishings. The team travels to Africa annually to visit the schools and the children.

One of the community organizations that Godridge supports includes The Museum of the City of New York, where she has been serving as a trustee for more than eight years. She also serves on its executive, collections and nominating committees.

U.S. Bancorp (NYSE: USB), with $389 billion in assets as of June 30, 2014, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The Company operates 3,174 banking offices in 25 states and 5,005 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

U.S. Bancorp
Amy Frantti, Corporate Communications, 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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