U.S. Bancorp

Can U.S. Bancorp make its digital cross-selling strategy work?

04/17/19

EO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he says.

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U.S. Bancorp chief downplays interest in M&A

04/17/19

Asked whether the BB&T-SunTrust deal had sparked a desire to pursue deals, Andy Cecere emphasized a focus on digital upgrades and opening branches in new markets.

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Commercial, mortgage, card lending rise at U.S. Bancorp

04/17/19

The Minneapolis bank reported mid- to high-single-digit improvement in those categories, but total loan growth was curbed by declines in CRE and other credit types.

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In strategic shift, TIAA to close dozens of mortgage offices

02/21/19

The company will shutter the offices it inherited when it bought EverBank in 2017 and focus on lending to existing customers through digital channels. U.S. Bank will assume the leases on about 25 properties.

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U.S. Bancorp expands borrowing options for corporate clients

01/31/19

The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.

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Furloughed employees' latest headache: Work-related credit card debt

01/22/19

For thousands of government employees, credit card bills are coming due for travel and other expenses they incurred before the shutdown.

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Warren asks big banks for details on their shutdown response

01/16/19

Sen. Elizabeth Warren questioned the five largest U.S. retail banks in a letter on what they are doing to reduce the impact of the government shutdown on customers.

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Fed not an impediment to fintechs' charter ambitions: OCC's Otting

01/16/19

Some in the industry worry the Fed may balk at allowing OCC charter recipients into the payments system, but Otting downplayed those concerns.

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Freed from consent order, U.S. Bank steps up branch plan

01/16/19

The nation’s fifth-largest bank now has the financial flexibility to consolidate more branches in existing markets and open new, smaller ones in cities where it has no retail presence, CEO Andy Cecere said.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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