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U.S. Bancorp's Leslie Godridge and Kathy Rogers Named among American Banker Magazine's "Most Powerful Women in Banking" and "Top 25 Women to Watch"

U.S. Bancorp Also Earns Top Team Award

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 14, 2015-- American Banker magazine has named U.S. Bancorp’s Leslie Godridge to its “Most Powerful Women in Banking” and Kathy Rogers to its “Top 25 Women to Watch.” Additionally, more than 80 U.S. Bancorp women were honored as part of a Top Team Award, recognizing their strong leadership and community contributions. Godridge, Rogers and other members of the U.S. Bancorp team were honored at an awards dinner at the Waldorf Astoria in New York City and featured in the magazine’s “Most Powerful Women in Banking” issue in October 2015.

“Leslie and Kathy are very deserving of this recognition,” said Richard Davis, chairman, president and chief executive officer of U.S. Bancorp. “They are both outstanding leaders, producing strong results and are dedicated to serving their communities. Additionally, I’m very proud that we have more than 80 female leaders honored as part of U.S. Bancorp’s Top Team Award. We are fortunate at U.S. Bank to have so many talented women leading our organization.”

Godridge, executive vice president and head of National Corporate Specialized Industries & Global Treasury Management, earned the No. 17 position on the list of most powerful women. This is the fifth consecutive year she has been included in the “Most Powerful Women in Banking” list. Godridge is the leader of U.S. Bank’s two largest Wholesale Banking businesses: National Corporate Specialized Industries (NCSI) and Global Treasury Management (GTM) and leads more than 800 employees. She is responsible for a credit and operational risk portfolio of $60 billion as well as for developing broad relationships with each customer. Global Treasury Management serves all customer segments of U.S. Bank – community, commercial real estate, governments and wholesale clients and has developed products for each unique business line.

Rogers, vice chairman and chief financial officer, was number three on the “Top 25 Women to Watch” list. Rogers was promoted to her current role in January 2015. As CFO, she manages the Finance group within U.S. Bank, which consists of more than 900 employees and is a member of the U.S. Bank Managing Committee, which consists of the 15 most senior leaders. In her role, Rogers oversees Controller Operations Group, Investor Relations, Corporate Treasury, Business Line Reporting and Planning, Corporate Real Estate and Corporate Development.

About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $419 billion in assets as of June 30, 2015, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,164 banking offices in 25 states and 5,020 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com. U.S. Bank. Member FDIC.

Source: U.S. Bancorp

Susan Beatty, U.S. Bank Corporate Communications
(612) 303-9229, susan.beatty@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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