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U.S. Bank Opens Branch at 28th & Quebec King Soopers Store

DENVER, Jul 23, 2003 (BUSINESS WIRE) -- U.S. Bank opened a new branch inside King Soopers located at 2810 Quebec Street on July 23. Shane Mahoney is the branch manager at the 28th & Quebec King Soopers branch.

"We are really excited to be here to serve the community," said Serge Adamov, district manager of U.S. Bank In-Store Banking for Colorado. "Our partnership with King Soopers has been a great way to reach out to busy people who like the convenience of one-stop shopping. Stop by and see us."

The new location offers a full range of services and is open seven days a week. In addition to opening checking accounts, customers can conveniently transact business on savings, CDs, IRAs and other investment opportunities, or get a loan for a car, boat, home improvement or debt consolidation. ATM services are also available at the branch.

Customers who take advantage of U.S. Bank products and services can also take comfort in knowing that U.S. Bank is home of the exclusive Five Star Service Guarantee, meaning business will be efficient and accurate or the bank will pay customers $5.

The U.S. Bank hours at the new locations are Monday through Friday from 9 a.m. to 7 p.m., Saturday from 9 a.m. to 4 p.m. and Sunday from 11 p.m. to 4 p.m. Customers also have access to services 24-hours-a-day through ATM, telephone or Internet banking.

U.S. Bancorp, 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
                  Karen Greenwood, 612-303-0731

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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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