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U.S. Bancorp Foundation Awards Grants to Pueblo, Colorado Nonprofits

PUEBLO, Colo. (Dec. 22, 2005) - Thirteen community groups in Pueblo, Colo., are being awarded more than $38,000 in grants from the U.S. Bancorp Foundation this holiday season. Alice Birch, president and district manager for U.S. Bank in Pueblo, announced the affordable housing, artistic and cultural enrichment, education, economic opportunity and human services grants.

"These nonprofits enrich the quality of life for everyone in the Pueblo community, and the U.S. Bank team supports them wholeheartedly," said Birch.

U.S. Bancorp is providing grants to the following nonprofit organizations:

  • Boys and Girls Club of Pueblo County - to support its programs that provide prevention, education and recreation services for predominantly disadvantaged girls and boys in Pueblo and Otero counties;

  • En Pueblo An Adolescent Treatment Center - to help enhance its residential programs for at-risk boys and girls, most of them having been abused and neglected;

  • El Pueblo History Museum - for its three exhibit galleries: El Pueblo Trading Post evocation, Archeology Pavilion and original trading post excavation;

  • El Pueblo Inter-Development Corporation - to assist with promoting economic development by financing small businesses not eligible for conventional bank loans;

  • Habitat for Humanity - to help achieve its commitment to uplifting families and communities and providing decent affordable homes to eligible applicants who cannot obtain conventional financing;

  • Historic Arkansas Riverwalk of Pueblo - to support its mission of securing funding to enhance and enrich the infrastructure Riverwalk and transform it into a cultural, educational, economic, recreational and social enterprise;

  • Junior Achievement - to help enhance its programs that provide economic education that inspire youth to value free enterprise, business and economics in order to improve the quality of their lives;

  • Kennedy Center Colorado Connections - to help enrich its partnerships between arts and cultural resources, business, libraries and schools for the enrichment of youth and the community at large;

  • Neighborworks - to provide support for its programs that provide literacy training, free inspections of prospective home purchases and post-purchase counseling on home maintenance and predatory lending;

  • Rocky Mountain Boy Scout Council - to assist with its two camps and service center that provide support to 125 schools, churches and community organizations that deliver Scouting programs to more than 3,000 youth in Southern Colorado;

  • Sangrio de Cristo Arts - to help enhance its visual, performing arts and education programs to an 18 county region;

  • Tri-County Housing - to assist with its programs that provide technical assistance to housing issues, infrastructure, and facilities developments and community revitalization for Otero, Bent and Crowley counties; and

  • United Way - to help fund its programs that developing donor resources to improve the quality of life for Pueblo County citizens.

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: Amy Frantti
(612) 303-0733

"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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