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U.S. Bank to Sponsor Community Associations Institute's 53rd Annual Conference & Expo

SAN DIEGO, Feb 10, 2004 (BUSINESS WIRE) -- U.S. Bancorp (NYSE:USB)

U.S. Bank announced today that it is the exclusive platinum sponsor for the Community Associations Institute's (CAI) 53rd National Conference & Exposition. The event, beginning May 20 and running through May 22, will take place at the Town and Country Resort & Convention Center in San Diego.

The annual conference brings together CAI members from across the country to debate, discuss and discover ways to embrace changes in their organizations, as they prepare for the future of community associations. The event's program is divided into three tracks focusing on maintenance issues, technology updates and leadership skills.

"At U.S. Bank, we recognize the importance of community associations to the quality of life in communities," said John L. Smith, senior vice president and manager of U.S. Bank's Homeowner Association Division. "We're proud to sponsor such a wonderful event aimed at serving the volunteers and professionals who strive to make our communities the best they can be."

Headquartered in Alexandria, Va., CAI is a national and chapter-based organization dedicated to fostering vibrant, effective and harmonious community associations. CAI's 15,000-plus members include community association volunteer leaders, professional managers, management firms and businesses that provide a variety of products and services to community associations. Visit CAI at www.caionline.org.

For over a decade, U.S. Bank's Homeowner Association Division has been a recognized leader in homeowner association lending. The loan officers at U.S. Bank work side-by-side with homeowner associations nationwide to develop specialized loan programs for repairs, major renovations or short-term borrowing. For more information call (800) 794-4HOA, extension 252.

U.S. Bank is part of U.S. Bancorp (NYSE:USB). With assets of $189 billion, U.S. Bancorp is the 8th largest financial services holding company in the United States. The company operates 2,243 banking offices and 4,425 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. Visit U.S. Bancorp on the web at www.usbank.com.


CONTACT:          U.S. Bank
                  Karen Greenwood, 612-303-0731
                  Community Associations Institute
                  Frank Rathbun, 703-548-8600

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