U.S. Bancorp is a financial services company that offers banking, investment, mortgage, trust, and payment services across the U.S. The company’s roots date back to 1891, whereby it operated as the United States National Bank of Portland. It is the parent company of the U.S Bank National Association, which boasts of a network of 3, 106 branches, and over 4000 ATMs.
The holding financial services company operates under five segments of Wealth Management & Investment Services Payment Services, Corporate & Commercial Banking Consumer and Business banking Treasury & Corporate Support.
Its core business revolves around offering depository services entailing checking accounts as well as savings accounts and time certificate contracts. U.S. Bancorp is headquartered in Minneapolis, Minnesota. Its stock is currently listed’ in the New York Stock Exchange and is a component of both the S&P 500 and S&P 100.