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U.S. Bank Partners with Gonzaga University on its Multi-Use Identification Card

SPOKANE, Wash., Jul 17, 2003 (BUSINESS WIRE) -- Gonzaga University has chosen U.S. Bank to be its bank partner for the school's multi-use identification card.

The identification card already allows Gonzaga's 5,400 students and 800 faculty and staff members to use photocopy machines, check out resources from campus libraries, purchase meals without cash, and have dorm access. The new card can also be used as a U.S. Bank ATM card on and off campus and at many Point-of-Sale (POS) terminals in the United States starting August 2003.

"We are excited about the partnership between Gonzaga University and U.S. Bank because of the convenience it will provide our students, faculty, and staff," said Chuck Murphy, vice president of finance for Gonzaga University.

"The Campusbank Card program is an extension of a long-standing relationship between U.S. Bank and Gonzaga University," said Bob Wigren, president of U.S. Bank in Spokane/North Central Washington.

Gonzaga University is a private, four-year comprehensive university. It is owned and operated by the Society of Jesus, the Jesuit order of the Catholic Church. Gonzaga's educational philosophy is based on the 450-year Ignatian model that aims to educate the whole person -- mind, body and spirit -- an integration of science and art, faith and reason, action and contemplation. At Gonzaga, "cura personalis," or care for the individual, is its guiding theme.

U.S. Bank is one of the top student banking institutions in the nation, providing a comprehensive line of student banking products including campus ID card programs, student loans, Internet banking, U.S. Bank student checking and savings, and Visa Buxx(R) prepaid spending cards. The U.S. Bank web site usbank.com/studentbanking offers a full array of student banking products, services and paying for college information as well as a powerful scholarship search engine.

U.S. Bancorp (NYSE:USB), with assets of $195 billion, is the 8th largest financial services holding company in the United States. The company operates 2,199 banking offices and 4,575 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 U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.

SOURCE: U.S. Bank

CONTACT:          U.S. Bank
                  Amy Frantti, 612/303-0733
                  amy.frantti@usbank.com

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SOURCE: U.S. Bank

"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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