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U.S. Bank Awarded More Than $26 Million in Grants to Make Community Possible in 2016

MINNEAPOLIS--(BUSINESS WIRE)--Jan. 26, 2017-- U.S. Bank awarded $26.2 million in grants to nonprofit organizations across the country in 2016. The grants, made through the U.S. Bank Foundation, support the three core pillars of the Community Possible corporate social responsibility platform the bank introduced last year: Work, Home and Play.

“Work, Home and Play are the building blocks that make our country great: a stable job, a home to call your own and a community connected through the arts, recreation and play,” said Reba Dominski, head of corporate social responsibility for U.S. Bank and president of the U.S. Bank Foundation. “We’re proud to help hundreds of organizations strengthen local communities across the country and look forward to continuing to make Community Possible in 2017 and beyond.”

The grants were distributed across the company’s 25-state footprint. The total giving also includes grants made to U.S. Bank’s national partners United Way and American Red Cross as well as employee giving match programs. This year, U.S. Bank will provide grants in the areas of Work, Home and Play through three grant cycles. More information can be found on U.S. Bank’s website.

Work
At U.S. Bank, we know that a strong small business environment and an educated workforce ensure the prosperity of our communities. Through our grantmaking program, we make that possible. We support programs and organizations that help small business thrive, people succeed in the workforce, provide pathways to higher education, and gain greater financial literacy. The application period for Work grants in 2017 is April 1-May 31.

Home
The case for a stable, healthy home environment is clear: children and families are better positioned to thrive and succeed in a home that is safe and permanent. In response, our giving supports efforts that connect individuals and families with sustainable housing opportunities. The application period for Home grants in 2017 is July 1-August 31.

Play
Play brings joy. It is beneficial for problem solving, creativity and relationships. And play is just as necessary for adults as it is for kids. But in low and moderate-income communities, there are often limited spaces for play and limited access to arts and cultural activities. We invest in community programming that supports access to the arts, arts education and learning through play for children and adults in low and moderate-income communities. Application for Play grants in 2017 is Feb. 1-March 15.

“We are focused on being a good corporate citizen and closing the gaps between opportunity and possibility across Work, Home and Play,” said Dominski. “ We are excited to make the communities we serve even stronger through our Community Possible platform – one investment at a time.”

About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $446 billion in assets as of December 31, 2016, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,106 banking offices in 25 states and 4,842 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.

Source: U.S. Bank

U.S. Bank Corporate Communications
Susan Beatty, 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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