U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 4.25 percent from 4.00 percent, effective tomorrow, June 15, 2017, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate on March 15, 2017, when it was increased 25 basis points to 4.00 percent.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $450 billion in assets as of March 31, 2017, is the parent company
of U.S. Bank National Association, the fifth-largest commercial bank in
the United States. The company operates 3,091 banking offices in 25
states and 4,838 ATMs and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to consumers,
businesses and institutions. www.usbank.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170614006082/en/
Contacts:
Jennifer Thompson, 612-303-0778
U.S. Bank
Investor Relations
jen.thompson@usbank.com
or
Stacey
Wempen, 612-303-7620
U.S. Bank Financial Communications
stacey.wempen@usbank.com
Twitter
@usbank_news
