MINNEAPOLIS--(BUSINESS WIRE)--Sept. 26, 2006--U.S. Bank received
the highest ranking for its number of campus card banking partnerships
in the United States, according to a 2006 survey by CR80News, a trade
publication about the identification technology industry. U.S. Bank
tops the list with a total of 28 campus partnerships, nearly 25
percent of the 115 total partnerships from the survey. U.S. Bank had
24 campus card banking partnerships in 2005.
CR80News conducted a similar survey in 2003 of campus card
programs with financial institution partnerships. The study found 47
partnerships among participating banks.
"For our 2006 study, we asked representatives of the financial
institutions known to our editors as active providers of these
services to update their client lists with both new and expired
partnerships," said Chris Corum, executive editor, CR80News. "Our
study shows that banking partnerships have been increasing at a steady
pace of about 17 per year."
"U.S. Bank has been in the campus banking business for ten years,
and we're one of the original banks to introduce campus cards and
banking to the market," said Whitney Bright, general manager, U.S.
Bank Campus Banking. "U.S. Bank will continue to focus on serving
educational institutions and students. We have the dedicated resources
and team to grow these valuable partnerships, and over the years we
have learned what schools, and students, want and need from a bank."
U.S. Bank is one of the top student banking institutions in the
nation, providing a comprehensive line of student banking products,
including campus ID card programs, student loans, Internet banking,
U.S. Bank student checking and savings, and Visa Buxx(R) prepaid
spending cards. For more information on these services, visit
U.S. Bank is a subsidiary of U.S. Bancorp (NYSE:USB). With $213
billion in assets, U.S. Bancorp is the 6th largest financial holding
company in the United States. The company operates 2,434 banking
offices and 4,966 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.
Visit U.S. Bancorp on the web at www.usbank.com.
CONTACT: U.S. Bancorp
Amy Frantti, 612-303-0733
SOURCE: U.S. Bank