U.S. Bank is One of the Best Banks in America According to Money Magazine
MINNEAPOLIS -- September 27, 2012
Money magazine has named U.S. Bank the best national bank in America for its
basic checking and savings, student checking and senior checking accounts. The
“Best Banks in America” story is in the October 2012 issue of Money.
Money credited U.S. Bank’s broad retail banking network – fourth-largest in
the country – combined with how easy it is for U.S. Bank customers to waive
the monthly maintenance fee. The magazine also credited U.S. Bank for offering
advanced features such as the ability for customers to deposit a check from
their mobile phone or tablet.
U.S. Bank also topped Money’s charts for student and senior checking. The
magazine noted that student checking accounts have no monthly maintenance
fees, robust mobile banking and a large ATM network, which they weighted
heavier for the student category because students rely heavily on the ATM.
U.S. Bank’s senior checking earned top honors because seniors have U.S. Bank’s
Premium checking account with no monthly maintenance fees, no fees for using
another bank’s ATM, and free money orders, free cashier’s checks and a
discount on safe deposit boxes.
“Our goal has always been to give customers the best service, value and
convenience of any other bank in the country,” said Rick Hartnack, vice
chairman for consumer and small business banking at U.S. Bank. “We
continuously review our consumer products and services, and this recognition
from Money magazine is another sign that we are delivering what our customers
want from their bank.”
This is the second year in a row that U.S. Bank earned top honors from Money
for its basic checking account.
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $353 billion in assets as of June 30, 2012, is
the parent company of U.S. Bank National Association, the fifth-largest
commercial bank in the United States. The company operates 3,080 banking
offices in 25 states and 5,085 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
Teri Charest, U.S. Bank Media Relations, 612-303-0732
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