MINNEAPOLIS--(BUSINESS WIRE)--Mar. 15, 2017--
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate
to 4.00 percent from 3.75 percent, effective tomorrow, March 16, 2017,
at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate on
December 14, 2016, when it was increased 25 basis points to 3.75 percent.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170315006431/en/
Source: U.S. Bancorp
U.S. Bank Investor Relations
Jennifer Thompson, 612-303-0778
Bank Corporate Communications
Dana Ripley, 612-303-3167