MINNEAPOLIS--(BUSINESS WIRE)--Dec. 13, 2017--
U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate
to 4.50 percent from 4.25 percent, effective tomorrow, December 14,
2017, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate on June
14, 2017, when it was increased 25 basis points to 4.25 percent.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $459 billion in assets
as of September 30, 2017, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
Company operates 3,072 banking offices in 25 states and 4,801 ATMs and
provides a comprehensive line of banking, investment, mortgage, trust
and payment services products to consumers, businesses and institutions.
Visit U.S. Bancorp on the web at www.usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171213006190/en/
Source: U.S. Bank
U.S. Bank Investor Relations
Jennifer Thompson, 612-303-0778
jen.thompson@usbank.com
or
U.S.
Bank Financial Communications
Stacey Wempen, 612-303-7620
stacey.wempen@usbank.com
Twitter
@usbank_news