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U.S. Bank Promotes Ward Wilson to Nashville Regional Chairman

NASHVILLE, Aug 12, 2005 (BUSINESS WIRE) -- U.S. Bank has named Ward C. Wilson regional chairman of U.S. Bank in the Nashville metro market. He will be based at U.S. Bank's regional headquarters at 150 Fourth Avenue North in Nashville and will be the organization's senior officer in the market, having direct responsibility for commercial banking activities while being involved with all lines of business including consumer banking, corporate banking and trust financial services and products. He replaces Tony Heard, who recently left the bank to pursue other opportunities outside of banking.

Jerry A. Grundhofer, chairman and chief executive officer of U.S. Bancorp, the parent company of U.S. Bank, said, "Ward has more than 23 years of banking experience and has been an outstanding performer for U.S. Bank in our Tennessee market. We have an impressive team of talented bankers in our Nashville market and with Ward at the helm we most assuredly will fulfill our strategy of offering value-added products and services to our customers."

Wilson, 45, joined the company five years ago to manage the organization's corporate banking office in Nashville following U.S. Bank's acquisition of 41 First Union branch locations in Tennessee.

Wilson said, "I look forward to continuing to grow our company in the Nashville market. We've seen loan commitments triple in the last five years and our branch network in Middle Tennessee has expanded to 55 full-service locations through our partnership with Publix Super Markets and the addition of other new branches. I'm also excited about our commitment to Middle Tennessee through our recent launch of the 'U.S. Bank 4 High School Stars' program, which awards $500 each week to a local deserving high school student or teacher to further their educational goals."

A graduate of Vanderbilt University in Nashville with a degree in business administration and economics, Wilson also received a master of international management, cum laude, from The Garvin School of International Management (Thunderbird) in Glendale, Arizona. In addition, he has completed programs through the Tennessee School of Banking and Owen Graduate School of Business' corporate finance program at Vanderbilt University and is a certified cash manager.

He and his wife, Paula, have four children and reside in Brentwood. He is active in the community and plans to increase his involvement with his new position. He also serves as pack committee chairman and den leader for the Cub Scouts, vice president and treasurer of the Middle Tennessee chapter of Safari Club International and member of Christ Community Church in Franklin.

U.S. Bancorp (NYSE: USB), with $204 billion in assets, is the 6th largest financial holding company in the United States. The company operates 2,383 banking offices and 4,877 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. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.


U.S. Bank
Steve Dale, 612-303-0784
Lisa Clark, 608-877-7517

"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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