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May 29, 2015 8:49 AM ET

Banks

Company Overview of U.S. Bank National Association

Company Overview

U.S. Bank National Association provides commercial banking services for individuals, businesses, and institutions. It offers personal banking services, including checking and savings accounts, and certificates of deposits; and personal loans and credit, such as mortgage, home equity, personal line of credit, auto loans, boat loans, and RV loans. The company also provides business banking services, including savings and checking accounts; and business loans, such as business credit lines, quick loans, SBA loans, real estate loans, equipment financing, and business ownership and expansion loans. In addition, it offers investing and wealth management products and services, including retirement ...

425 Walnut Street

Cincinnati, OH 45202-3923

United States

Founded in 1863

Phone:

513-632-4234

Fax:

513-632-4967

Key Executives for U.S. Bank National Association

President
Chairman of U.S. Bancorp, Chief Executive Officer of U.S. Bancorp and President of U.S. Bancorp
Age: 56
President of Chicago Branch
Market President for Orange County and the Inland Empire region of California
Regional President of Portland & Southwest Washington
Age: 55
Compensation as of Fiscal Year 2014.

U.S. Bank National Association Key Developments

U.S. Bank National Association Appoints Rex Rudy as Head of Commercial Real Estate Division

U.S. Bank National Association announced that it has appointed Rex Rudy to head its commercial real estate division and will be based in Charlotte. Rudy succeeds Joe Hoesley who retired in March after a 22-year career with the company. With over two decades of industry experience, Rudy most recently was managing director and group head of real estate investment trust (REIT) finance at Wells Fargo.

U.S. Bank NA Announces Executive Changes

Rex Rudy was named head of Cincinnati-based U.S. Bank NA's commercial real estate division. Rudy has more than 20 years of industry experience, most recently serving as Wells Fargo & Co.'s managing director and group head of real estate investment trust finance. He succeeds Joe Hoesley, who retired in March after 22 years at the Cincinnati-based bank, a subsidiary of U.S. Bancorp.

US Bancorp National Association Reports Earnings Results for the First Quarter Ended March 31, 2015

US Bancorp National Association reported earnings results for the first quarter ended March 31, 2015. For the quarter, net applicable common shareholders was $1.36 billion or $0.76 per diluted share compared to $1.33 billion or $0.73 per diluted share for the same quarter ended March 31, 2014. Net interest income was $2.70 billion compared to $2.65 billion for the same quarter ended March 31, 2014. Income before income taxes was $1.92 billion compared to $1.91 billion for the same quarter ended March 31, 2014. Net income was $1.43 billion or $0.76 per diluted common share, return on average assets (ROA) of 1.44%, return on average common equity (ROE) of 14.1%, and an efficiency ratio of 54.3%.

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