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U.S Bank Sponsors Fifth Annual Community Build Day

MINNEAPOLIS--(BUSINESS WIRE)--Aug. 2, 2006--U.S. Bank is showing support for its communities by sponsoring the fifth annual Community Build Day in partnership with The Financial Services Roundtable, a trade association of 100 of the largest integrated financial services companies in the United States. Through Community Build Day initiatives, companies and employees volunteer to build houses, neighborhoods and communities through a variety of different activities. Community Build Day is Saturday, Aug. 5.

"We support Community Build Day at U.S. Bank because we believe that our success depends on the vitality of the communities we serve," said Richard Davis, president and chief operating officer of

U.S. Bancorp, the parent company of U.S. Bank. "From the smallest towns to the largest cities, U.S. Bank strives to be a generous corporate citizen in a variety of ways."

U.S. Bank is participating as a national co-sponsor along with 14 other companies in the financial services industry. The goal this year is 50 builds in 50 states during the entire month of August, and that goal has been surpassed with more than 100 builds that will take place across the nation. U.S. Bank will participate in many community events facilitated through its employee development network chapters. The chapters have planned more than 55 community involvement events including 31 building, repairing and remodeling projects; nine running and walking events and seven book and school supply drives.

"Community Build Day demonstrates to the public how the financial services industry works 365 days a year to improve the cities that they serve," said Steve Bartlett, president and chief executive officer of The Financial Services Roundtable. "The member companies of the Roundtable are competitors in the marketplace, but this initiative shows our cooperation in the community."

In addition to U.S. Bank, other national co-sponsor partners for the 2006 Community Build Day are ACE Group, AEGON USA, American General Financial Services, Citigroup, Countrywide Financial Corporation, LaSalle Bank Corporation, New Century Financial Corporation, Raymond James, State Farm, Synovus, UnumProvident, Wachovia, Washington Mutual and Wells Fargo.

U.S. Bancorp (NYSE:USB), with assets of $213 billion, is the 6th largest financial holding company in the United States. The company operates 2,434 banking offices and 4,966 ATMs, 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.

CONTACT: U.S. Bank
Media Relations
Amy Frantti, 612-303-0733

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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