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New Credit Card from U.S. Bank Supports OSBA Services to Members, the Public

MINNEAPOLIS & COLUMBUS, Ohio--(BUSINESS WIRE)--Sept. 26, 2005--The more than 30,000 members of the Ohio State Bar Association and the citizens of Ohio will benefit from the new OSBA Visa(R) Card from U.S. Bank. The card generates non-dues income to support services to OSBA members and the public each time a new card is activated and repeatedly thereafter each time the card is used.

Cardmembers will have the choice of one of three U.S. Bank credit card products, including the OSBA Visa Platinum Card; the OSBA Select Rewards Visa Platinum Card that earns reward points that can be redeemed for gift certificates, merchandise and travel rewards; and the Visa Signature card that carries additional benefits such as dining privileges and a concierge service.

"The revenue generated by this new credit card program will allow the OSBA to enhance services to its members and support public information and education programs the Association undertakes," said E. Jane Taylor, OSBA president.

"The Ohio State Bar Association is a respected institution and we are proud to partner with them to offer a card that supports the numerous public activities and programs that benefit the great state of Ohio," said Tanya Turner, senior vice president of affinity products at U.S. Bank. "We look forward to the many new opportunities that will arise as a result of this program."

The Ohio State Bar Association, founded in 1880 and based in Columbus, Ohio, is a voluntary association representing approximately 25,000 members of the bench and bar of Ohio as well as nearly 4,000 legal assistants and law students. Through its activities and the activities of its related organizations, the OSBA serves both its members and the public by promoting the highest standards in the practice of law and the administration of justice.

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.

CONTACT: U.S. Bank
Teri Charest, 612-303-0732
or
Ohio State Bar Assn.
Colleen Buggy, 614-487-4449

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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