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New Support Kicks in for American Taekwondo Association with New Credit Card from U.S. Bank

MINNEAPOLIS & LITTLE ROCK, Ark.--(BUSINESS WIRE)--Dec. 14, 2005--Students of American Taekwondo will get a boost with the introduction of the new American Taekwondo Association Visa(R) credit card from U.S. Bank. The card generates support for the association each time a new card is activated and repeatedly thereafter each time the card is used.

"Our mission is to provide students with the highest quality martial arts instruction available in a safe and positive learning environment that people of all ages can enjoy," said Jim Wolff, chief executive officer of the American Taekwondo Association. "The support generated through this card will help us provide an even greater learning environment for all who participate."

The American Taekwondo Association credit card depicts the colors of the ATA and a taekwondo silhouette. The card features no annual fee, a low introductory rate (APR) and a choice of rewards including cash back or points redeemable for merchandise, travel, gift certificates or virtually any reward with the Choose Your Own Reward option.

"We are thrilled to issue the only credit card that supports the sport of taekwondo, and we look forward to a long relationship with this highly respected organization," said Tanya Turner, senior vice president of affinity products at U.S. Bank.

More information on the American Taekwondo Association visit www.ataonline.com.

The American Taekwondo Association (ATA) is the premier North American organization dedicated to the martial arts discipline of taekwondo, and is the founding organization of other international affiliates that include the World Traditional Taekwondo Union (WTTU) and the Songahm Taekwondo Federation (STF). Counting both the United States and worldwide, ATA organizations have more than 1,500 licensed schools and clubs, and is beginning to register more than 300,000 members. The ATA has been changing lives through Songahm Taekwondo since the first student walked into an ATA classroom in 1969. Now, the ATA is close to reaching the unthinkable, "Changing One Million Lives!"

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
American Taekwondo Association
Bob Remow, 501-568-2821 ext. 2229

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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