U.S. Bancorp to Present at Deutsche Bank Securities’ 2012 Global Financial Services Investor Conference

  U.S. Bancorp to Present at Deutsche Bank Securities’ 2012 Global Financial
  Services Investor Conference

Business Wire

MINNEAPOLIS -- May 16, 2012

U.S. Bancorp (NYSE: USB) announced today that Andrew Cecere, vice chairman and
chief financial officer, is scheduled to present at the Deutsche Bank
Securities’ 2012 Global Financial Services Investor Conference. The
presentation will begin at 4:00 p.m. EDT on Monday, May 21, 2012, in New York
City. The presentation will include information about U.S. Bancorp's financial
performance and corporate strategies.

A live audio-webcast of the presentation will be available through U.S.
Bancorp's website at usbank.com. To access the webcast and slides used in the
presentation, go to U.S. Bancorp's website and click on “About U.S. Bank” and
then click on “Webcasts & Presentations” under the Investor/Shareholder
Information heading, which is located on the left side of the bottom of the
page. Individuals without Internet access may request a copy of the slide
presentation on Monday by calling 612-303-0781. A replay of the webcast will
be available after the live event at the same location on the website and will
remain posted for 90 days.

Minneapolis-based U.S. Bancorp (“USB”), with $341 billion in assets as of
March 31, 2012, is the parent company of U.S. Bank National Association, the
5th largest commercial bank in the United States. The company operates 3,080
banking offices in 25 states and 5,061 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 and
its employees are dedicated to improving the communities they serve, for which
the company earned the 2011 Spirit of America Award, the highest honor
bestowed on a company by United Way. Visit U.S. Bancorp on the web at
usbank.com.

Contact:

U.S. Bancorp
Judith T. Murphy
Investor Relations
612-303-0783
or
Thomas Joyce
Media Relations
612-303-3167