Overview
Introduction
As the fifth largest banking institution in the United States, US Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. US Bancorp is drawn to financial strength to serve customers, and responded to the pandemic with a premium pay program for employees, relief assistance, and $30 million in charitable contributions to communities. It offers a wide range of digital and technology careers as well as benefits and disability accommodations.
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About the Company
U.S. Bancorp is the publicly traded parent company of U.S. Bank, which the firm is commonly known as (U.S. Bancorp is used mostly in formal documents and corporate filings). Headquartered in Minneapolis, U.S. Bank is one of the five largest banking institutions in the U.S. by assets. Its roots date to 1853 when the Farmers and Millers Bank in Milwaukee opened its doors with $50,000 in capitalization. The bank grew through multiple mergers and acquisitions, eventually becoming the Minneapolis-based First Bank System. Its current name was gained via the 1997 acquisition of U.S. Bancorp of Oregon.
U.S. Bank has been praised for keeping up with its customers technologically. For example, in addition to banking services on Google Home and Apple Siri, customers can utilize Amazon’s cloud-based voice service Alexa to make payments on thei...
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