U.S. Bank Surpasses Veteran Hiring Goal in 2012

  U.S. Bank Surpasses Veteran Hiring Goal in 2012

     Company Receives Accolades from G.I. Jobs and U.S. Veterans Magazine

Business Wire

MINNEAPOLIS -- November 08, 2012

U.S. Bank has surpassed its military hiring goal for 2012, in time to mark the
Veterans Day holiday. U.S. Bank now employs more than 2,300 veterans
nationwide, and continues in its efforts to recruit veterans.

“U.S. Bank is firmly committed to employing and supporting veterans,
active-duty service members and their families,” said Richard Davis, chairman,
president and chief executive officer of U.S. Bancorp, parent company of U.S.
Bank. “Veterans bring valuable leadership skills to their organization, with
experience and perspective that strengthens our company. We honor them and all
who serve on Veterans Day and every day, for their commitment to our country
and protection of our freedom.”

In addition, this is the second consecutive year that U.S. Bank has been
recognized by G.I. Jobs as a Top 100 Military Friendly Employer, which
highlights companies for the strength of their military recruiting efforts,
the percentage of new hires with prior military service and policies toward
providing exemplary benefits for employees serving in the National Guard and
Reserve. The ranking is featured in the magazine’s December issue and online
at www.gijobs.com.

Also, U.S. Veterans Magazine listed U.S. Bank on its 2012 Best of the Best:
Top 100 Companies Recruiting Veterans. The survey results are published in the
November 2012 special Veterans Day edition. Last June, Military Times magazine
named U.S. Bank as one of just 39 companies in its Best of Vets annual survey.

U.S. Bank achieved its hiring goals by implementing several recruiting and
training programs specifically for veterans through its Proud to Serve program
(http://proudtoserve.usbank.com). In 2011, U.S. Bank launched a Military
Leadership Development Program, which has resulted in several veterans
successfully transitioning into leadership positions in the bank in Seattle
and San Diego. The Military LDP is expanding to include Minneapolis, Los
Angeles and Orange County, Calif. in 2013.

U.S. Bank enhanced its HR policies for veterans in 2012, including offering
employees up to two weeks paid leave to cover time they would otherwise take
off unpaid, per state or federal law, in connection with a family member's
military service. Depending on state laws, the time can be taken not only with
the deployment of a child, parent or spouse, but may be available to extended
family as well.

U.S. Bank continued to offer customers special support through the U.S. Bank
Military Service Center (1-800-934-9555), a dedicated customer service line
for military members and their families that is staffed with bankers familiar
with the Servicemembers Civil Relief Act. The Military Service Center is open
Monday through Friday from 7 a.m. to midnight Eastern Time, with back-up
support from U.S. Bank 24-hour banking during off hours.

Minneapolis-based  U.S. Bancorp (NYSE: USB), with $352 billion in assets as of
September 30, 2012, is the parent company of U.S. Bank National Association,
the fifth-largest commercial bank in the United States. The Company operates
3,086 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


Amy Frantti
U.S. Bank Public Relations
(612) 303-0733, amy.frantti@usbank.com
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