U.S. Bancorp Company Description
Not quite a bank for the entire US, U.S. Bancorp has more than 2,900 locations and 5,000 branded ATMs in two dozen midwestern and western states. The bank holding company, one of the 10 largest in the country, owns U.S. Bank and other subsidiaries that provide consumer and commercial banking, as well as credit card and ATM processing, mutual funds, mortgage banking, brokerage, wealth management, equipment leasing, trust services, corporate payments, and insurance. In 2009 the company acquired the nine banking subsidiaries of the failed FBOP Corporation; the FDIC-assisted transaction added some 150 locations in Arizona, California, Illinois, and Texas to U.S. Bank's network.
View the Comprehensive Company Description for U.S. Bancorp
The Company Description provides a historical perspective of U.S. Bancorp's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of U.S. Bancorp's evolution in the marketplace.
