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U.S. Bank Partners With Bellarmine University on its Multi-Use Identification Card

LOUISVILLE, Ky., Aug 25, 2003 (BUSINESS WIRE) -- Bellarmine University has chosen U.S. Bank to be its bank partner for the school's multi-use identification card.

The Bellarmine OneCard, as it's called, allows Bellarmine's 2,400 students and more than 200 faculty and staff members to check out resources from campus libraries, purchase meals without cash, and gain access to campus fitness facilities and other amenities. The new card also can be used as a U.S. Bank ATM card on and off campus and at many merchant terminals in the United States that accept Visa.

"Students, faculty and staff will find the Bellarmine OneCard so convenient, they'll wonder how they got along without it," said Joy A. Hatch, Ph.D., Bellarmine University. "The Bellarmine OneCard is not only convenient, it saves Bellarmine University money."

"This is an important step for Bellarmine University," said Joseph J. McGowan, Ed.D., president of Bellarmine University. "The ability to use technology to save money and make campus life more convenient benefits everyone."

"We're very pleased to partner with Bellarmine University for their Bellarmine OneCard," said Mark F. Wheeler, market president for U.S. Bank in Louisville. "U.S. Bank's Campusbank Card services will expand the cashless environment on campus, which means added convenience and safety to the people who use it. We look forward to providing even more value to Bellarmine University in the future."

Recognized by U.S. News and World Report as one of the top 15 southern universities, Bellarmine is located in Louisville, Ky., and has an enrollment of approximately of 2,400. It offers a liberal arts curriculum as well as bachelor's and master's degrees in business, education, and nursing and health sciences.

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. For more information on these services, visit usbank.com/studentbanking.

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
                  Lisa Clark, 608-877-7517

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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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