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U.S. Bancorp Commits $250,000 to the American Red Cross to Help Victims of Hurricane Sandy



  U.S. Bancorp Commits $250,000 to the American Red Cross to Help Victims of
  Hurricane Sandy

Business Wire

MINNEAPOLIS -- November 02, 2012

U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, has committed $250,000
to the American Red Cross Disaster Responder Program to aid those on the East
Coast who are working to recover from the devastation caused by Hurricane
Sandy.

U.S. Bank is also encouraging employees to use the matching gift program from
the U.S. Bancorp Foundation to double the impact of any contributions they
make to the American Red Cross or other nonprofit relief agencies.

“The damage caused by Hurricane Sandy is heartbreaking,” said Richard Davis,
chairman, president and chief executive officer of U.S. Bancorp. “Our thoughts
and prayers are with all the victims of this terrible storm, and those who are
struggling to recover. U.S. Bank and our employees hope our contributions will
help our neighbors on the East Coast get back on their feet.”

In addition to the contributions, U.S. Bank is waiving late charges and
offering credit bureau protection for mortgage customers whose homes or
workplaces have been affected, and will also work with impacted mortgage
customers on payment options. U.S. Bank is also waiving late, over limit and
annual fees for U.S. Bank and Elan cardholders located in the affected areas.

U.S. Bancorp, with $352 billion in assets as of Sept. 30, 2012, is the parent
company of U.S. Bank, the 5th largest commercial bank in the United States.
The company operates 3,086 banking offices in 25 states and 5,080 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 www.usbank.com.

Contact:

U.S. Bancorp
Teri Charest, 612-303-0732
U.S. Bank Public Relations
teri.charest@usbank.com
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