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U.S. Bank's Brotman Elected President of the Greater Cleveland Mortgage Bankers Association

CLEVELAND--(BUSINESS WIRE)--June 21, 2002--U.S. Bancorp (NYSE:USB)

Joel Brotman, northeast regional sales manager for the wholesale and correspondent lending division of U.S. Bank Home Mortgage, formerly Firstar Home Mortgage, has been elected president of the Greater Cleveland Mortgage Bankers Association.

Brotman holds a Certified Mortgage Banker (CMB) designation from the Mortgage Bankers Association of America, is a former president of the Mortgage Bankers Association of New Jersey and served on the board of governors of the Mortgage Bankers Association of America for two terms.

Based in the Mayfield Heights, Ohio office of Firstar (soon to be U.S. Bank), Brotman has responsibility for the states of Ohio, Indiana, Michigan, Pennsylvania, New Jersey, Delaware and Maryland as well as the District of Columbia.

U.S. Bank Home Mortgage is part of Minneapolis-based U.S. Bancorp (NYSE:USB). With assets in excess of $165 billion, U.S. Bancorp is the 8th largest financial services holding company in the United States. The company operates 2,147 banking offices and 4,929 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank. Visit U.S. Bancorp on the web at www.usbank.com and Firstar Bank at www.firstar.com.



Teri Charest, 612/973-4594





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