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U.S. Bancorp to Present at the Morgan Stanley Financials Conference 2011

U.S. Bancorp (NYSE: USB) announced today that Andrew Cecere, vice chairman and chief financial officer, is scheduled to present at the Morgan Stanley Financials Conference 2011. The presentation will begin at 8:45 a.m. EST on Tuesday, February 1, 2011, at the New York Palace Hotel in New York City. The presentation will include information about U.S. Bancorp's financial performance and corporate strategies.

A live audio-webcast of the presentation will be available through U.S. Bancorp's website at usbank.com. To access the webcast and slides used in the presentation, go to U.S. Bancorp's website and click on “About U.S. Bank” and then click on “Webcasts & Presentations” under the Investor/Shareholder Information heading, which is located on the left side of the bottom of the page. Individuals without Internet access may request a copy of the slide presentation on Tuesday by calling 612-303-0781. A replay of the webcast will be available approximately 1 hour after the live event at the same location on the website and will remain posted for 90 days.

Minneapolis-based U.S. Bancorp (“USB”), with $308 billion in assets as of December 31, 2010, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The company operates 3,031 banking offices in 24 states and 5,310 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.

Contacts:

U.S. Bancorp
Judith T. Murphy, Investor Relations, 612-303-0783
or
Steve Dale, Media Relations, 612-303-0784
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