MINNEAPOLIS, Jun 29, 2006 (BUSINESS WIRE) -- U.S. Bancorp (NYSE:USB) announced it has raised its
prime lending rate to 8.25 percent from 8.00 percent, effective today,
Thursday, June 29, 2006, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate on
May 10, 2006, when it was increased 25 basis points to 8.00 percent.
U.S. Bancorp, with $210 billion in assets, is the 6th largest
financial holding company in the United States. The company operates
2,430 banking offices and 4,941 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 the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at www.usbank.com.
SOURCE: U.S. Bancorp
Steve Dale, 612-303-0784
Judy Murphy, 612-303-0783