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U.S. Bank Partners with Truman State University for Its Multi-Use Campus Identification Card

KIRKSVILLE, Mo.--(BUSINESS WIRE)--Nov. 15, 2006--Truman State University has chosen U.S. Bank to be its campus bank card partner. U.S. Bank will provide the technology for the banking functionality of the school's multi-use identification card, called the Truman ID Card.

This new partnership includes a variety of optional U.S. Bank financial products and services including checking accounts with no minimum balance and no monthly maintenance fee for students, faculty and staff.

In addition to the new banking functionality, the Truman ID Card already provides official campus identification for more than 6,000 students, faculty and staff. The card can be used to purchase meals on campus, as a laundry debit card and as a library card. It also provides access to the school's Recreation Center.

For cardholders who also choose to open an account at U.S. Bank, the Truman ID Card will double as their ATM card on and off campus, and can be used as a debit card at merchants in the United States that accept Visa PIN debit. Two U.S. Bank branches are conveniently located near the campus - one at 202 E. McPherson and the other at 2202 N. Baltimore Ave.

"The U.S. Bank team is excited about the new U.S. Bank and Truman State University partnership," said Ava Kaden, district retail manager for U.S. Bank in Northeast Missouri. "Our local branch teams have enjoyed working with students, faculty and staff and look forward to expanding our services and opportunities to help them meet their financial needs."

Truman State University is one of more than 30 colleges and universities that partners with U.S. Bank for a campus banking program. Others include Case Western Reserve University, Northern Kentucky University, San Diego State University, Iowa State University, Northwest Missouri State University, Xavier University and Northwestern University.

Truman State University, founded in 1867, is Missouri's only highly selective public liberal arts and sciences university. The mission of Truman is to offer an exemplary undergraduate education to well-prepared students, grounded in the liberal arts and sciences, in the context of a public institution of higher education. Truman has the highest overall graduation rate among all the public universities in Missouri as calculated by Missouri's Coordinating Board for Higher Education. More than 40 percent of Truman's graduates pursue an advanced degree immediately upon receiving their bachelor's degree.

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 www.usbank.com/studentbanking.

U.S. Bancorp (NYSE:USB), with assets of $217 billion, is the 6th largest financial holding company in the United States. The company operates 2,462 banking offices and 4,943 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
OR
Truman State University
Heidi Templeton, 660-785-4016

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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