U.S. Bancorp

U.S. Bancorp adds banker to find sustainable investments for clients


Marcus Martin will be responsible for expanding sustainable investing options for the Minneapolis company's corporate and commercial customers.


John Grundhofer, former U.S. Bank CEO, dies at 82


The industry legend turned around a struggling Minneapolis company and even escaped a kidnapping to build the firm that is now the nation’s fifth-largest bank.


U.S. Bancorp names Oracle's Kimberly Ellison-Taylor to board


Ellison-Taylor, an expert in technology and finance and former chair of the American Institute of Certified Public Accountants, is the second Black woman and fourth person of color on the Minneapolis bank's board.


U.S. Bank accelerates branch closings as more customers go digital


Hundreds of branches temporarily shuttered during the pandemic are now permanently closed.


How U.S. Bank, People's United use tech to predict customer needs


The two banks are among those deploying advanced analytics to give customers advice before they may even know they need it.


U.S. Bancorp eyes another 15% reduction in branches


The Minneapolis company says the majority of branches earmarked for closing have already been shuttered for months due to the pandemic. Some of the savings will be plowed back into digital expansion.


Deposit glut could dog banks well into next year


The flood of liquidity that accompanied the pandemic recession isn’t likely to subside anytime soon. Banks will have to employ a mix of securities buying, hedging and other balance-sheet-management tricks to prop up margins longer than initially imagined.


‘Flat to slightly down’: 3Q loan demand disappoints


Banks reported decent loan growth in the spring and early summer as businesses rushed to draw down credit lines and tap the Paycheck Protection Program. But demand has been muted since, and bankers can only guess when it will pick back up.


Banks are stepping up tech for people with disabilities


U.S. Bank and Regions revamped their apps with accessibility in mind; JPMorgan Chase built a branch for customers who are deaf. Such efforts can help banks appeal to more customers in existing markets.


How U.S. Bank remade its summer internship for social-distancing era


The Minneapolis company, like other banks, moved its program for college students online because of the coronavirus pandemic. Here’s a look at what improved and what was lost.