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United States Fencing Association Gives Enthusiasts New Reason to Raise Their Sabers with New Credit Card from U.S. Bank

MINNEAPOLIS & COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Dec. 5, 2005--The United States Fencing Association (USFA) and U.S. Bank have partnered to create a saber-raising opportunity for fencing enthusiasts with the United States Fencing Association Visa(R) card from U.S. Bank. The card generates support for fencing each time a new card is activated and repeatedly thereafter each time the card is used.

"The beauty of this program is that just by using the card, fans and athletes will help support and develop the sport of fencing. We've also created a great-looking card that fencers will be proud to carry," said Michael Massik, executive director of the USFA. "Simply put, your support helps make fencing dreams come true."

The USFA card depicts two fencers in action, and features no annual fee, a low introductory rate (APR) and a choice of exciting rewards including cash back or points redeemable for merchandise, travel, gift certificates or virtually any reward with the Choose Your Own Reward option.

"We're proud to support the passion and dreams of fencers everywhere and the mission of the USFA through this new affinity relationship," said Tanya Turner, senior vice president of affinity products at U.S. Bank. "We look forward to building and continuing a great relationship with USFA and its fans nationwide."

To learn more visit www.usfencing.org or call 800-853-5576, ext. 8630.

Based in Colorado Springs, Colo., the USFA develops fencers to achieve international success and to administer and promote the sport in the United States. The USFA is the recognized national governing body for the sport of fencing in the United States. The USFA was founded in 1891 as the Amateur Fencers League of America (AFLA) by a group of New York fencers seeking independence from the Amateur Athletic Union. The AFLA changed its name to the USFA in 1981.

U.S. Bancorp (NYSE:USB), with $207 billion in assets, is the 6th largest financial holding company in the United States. The company operates 2,411 banking offices and 4,999 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 www.usbank.com.

CONTACT: U.S. Bank
Teri Charest, 612-303-0732
OR
United States Fencing Association
Michael Massik, 719-866-4511

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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