MINNEAPOLIS--(BUSINESS WIRE)--June 6, 2005--U.S. Bank has unveiled
new enhancements to its Internet banking and bill pay service at
usbank.com with features such as same day or next day payments, alerts
for bills that are coming due and the ability to make payments and
view history on one page.
"These enhancements are part of our continued effort to make
Internet banking and bill pay faster, easier and safer for our
customers," said Steve SaLoutos, senior vice president of consumer
products and services for U.S. Bank. "Bill pay is one of our fastest
growing services, so we work very hard to understand our customers'
needs in order to deliver the best Internet banking and bill pay
experience in the country."
Key new features include: faster payment speeds so customers can
schedule same day or next day payments for many billers; easier set-up
so a phone number is all that is needed to automatically add new
billers; a "Payment Center" page to view payments and recent payment
history in one place and more tools to manage bills including
reminders to help customers avoid late payments, confirmation numbers
for improved tracking and new calendars for easier selection of
U.S. Bank Internet Banking is backed with a risk-free guarantee
that covers any losses if there's ever any unauthorized use of the
service. It also guarantees that every payment will be delivered on
time or U.S. Bank will cover any related fees.
Growing customer interest in Internet bill pay has led to the
growth of Internet banking overall at U.S. Bank. The company announced
in April 2005 that more than one million customers enrolled in U.S.
Bank Internet Banking in the previous year. The total number of
customers enrolled in Internet banking at U.S. Bank now exceeds three
U.S. Bank is a subsidiary of U.S. Bancorp (NYSE: USB). With $198
billion in assets, U.S. Bancorp is the 6th largest financial holding
company in the United States. The company operates 2,377 banking
offices and 4,654 ATMs in 24 states, 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 in which the
company pays customers if certain key banking benefits and services
are not met. Visit U.S. Bancorp on the web at usbank.com.
CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732
SOURCE: U.S. Bank