Wednesday, June 8, 2011

U.S. Bank is the Famous World Bancorp

UNITED STATES - U.S. Bank is the Famous World Bancorp in the World. U. S. Bancorp is a diversified financial services holding company in Minneapolis, Minnesota resident. It is the parent of U. S. Bank, the fifth largest commercial bank in the U.S. 311 billion U.S. dollars in assets.

U. S. Bank is the sixth largest bank in the U.S. on deposits, with $ 204B in deposits, 31 March 2011. With 3069 branches and 5310 ATMs, is U. S. Bank's branch network 25 states. U. S. Bancorp offers regional consumer and business banking and wealth management, domestic and U. S. Global Payments and trust services to over 15.8 million customers. The company employs more than 63,000 people.

Rankings & Awards of US Bank
U. S. Bank National Association (U.S. Bank) is a national Chartered Bank, the Office of the Comptroller of the Currency regularly, Department of the Treasury.

U. S. Bancorp is ranked 121 in the 2010 list of Fortune 500 companies.

U. S. Banker Magazine, published by Source Media, has ranked U. S. Bancorp, the women leaders as a top banking team in its annual "most powerful women in banking" Issue 2006, 2007, 2008 and 2009.

U.S. bank five star
U. S. Bancorp is the No. 1 ranking by Institutional Investor Magazine in its 2009 "the most shareholder-friendly companies in America" ​​for financial institutions / large-cap category.

Kiplinger's 2009 "Best List" ranked at the U.S. bank card FlexPerks best if you want to travel concessions.

In July 2009, U.S. Bancorp "Best Bank in the USA" was named by Money Magazine as part of its € 2009 Awards for Excellence.

U.S. bank was ranked first in the nation in the Privacy Trust Study for Retail Banking conducted by the Ponemon Institute, 2006, 2007.2008 and 2009.

History American Bank ( U.S. Bank)
Today American bank was in the year 1990 from a combination of several large regional banks, including Star Bank, Weston Bank, Firstar, Mercantile, First Bank System, U. S. Bank and Colorado National Bank forged. Banks that had itself from the merger of numerous smaller banks has grown over the years. In the eastern part of the franchise, U. S. Bank traces some of its earliest roots open until 1853, when farmers and millers Bank in Milwaukee its doors, grows in the First National Bank of Milwaukee and finally to the First Wisconsin and Firstar end.

US bank is world bancorp
In St. Louis, state savings bank, with only $ 8,500 of principal and a narrator, in St. Louis opened in 1850, which became part of the Mercantile Trust Company, the forerunner of Mercantile Bancorporation later. In Cincinnati, opened the First National Bank of Cincinnati for business in 1863 under the National Charter # 24 with the boom of the civil war cannon firing just over the Ohio, but it survived for many decades to grow in Star Bank. Around the same time, chartered the First National Bank of St. Paul and the First National Bank of Minneapolis in 1864.

These were both First National is a holding company in early 1929, known as First Bank Limited, and they kept that name until 1968, when she became the first banking system. Of the Rocky Mountains in 1891, a number of prominent entrepreneurs received a charter for the United States National Bank of Portland, Oregon, a de novo bank.

U.S bank places
From the start it was unremarkable, these banks flourished as independent units, each to grow into a respected force (and usually the largest commercial bank) in their respective markets. When opportunities arose, took each in the market of mergers and acquisitions in the first decades of the 20th Century and widespread expansion in the years 1980 and 1990 including the 1993 transaction, the Colorado National Bank in Denver in the first Banking System, and West One Bancorp in Boise, Idaho brought comes in the original U.S. Bancorp in 1995.

Of particular importance in 1902 by the American National Bank of Portland was merged into the National Bank of Ainsworth Portland, but kept the American National Bank name. The decision proved to be happier than the 1913 federal law prohibited the use of other banks, "United States" in their name at that time. U.S. national was among the first banks to a bank holding company form called U. S. Bancorp

The original U.S. Bancorp was founded in the United States National Bank of Portland in Portland, Oregon in 1891, changed its name in the United States National Bank of Oregon in 1964. The Corporation was acquired in 1997 by First Bank System, Inc., headquartered in Minneapolis, Minnesota. With this acquisition, First Bank System changed the name U. S. Bancorp First Bank System was the successor to a bank holding company in 1929, formed by several banks, in the Upper Midwest, particularly the First National Bank of Minneapolis and the First National Bank of St. Paul, both of which had been founded in 1864. [3] [4] [5] [6]

US bank milwaukee
On 14 November 2008 U. S. Bancorp received $ 6,599,000,000 of the Emergency Economic Stabilisation Act in the form of preference shares and related warrants. On 21 November 2008 U. S. Downey Savings & Loan Bank bought Association, FA of Downey Financial Corp. and First Fed BK & Tr Pomona (PFF) from PFF Bancorp Inc., CA. At the end of 2008, U. S. Bancorp total assets of 266 billion U.S. dollars and U. S. Bank was the sixth largest commercial bank in the United States. On June 17, 2009, U. S. Bancorp, the $ 6,600,000,000 preferred shares in 1915 and 2009, the purchase of an arrest warrant by the U. redeemed S. Treasury. This effectively closed U. S. Bancorp holding in Purchase Program. It was one of the first banks to the Troubled Asset Relief Program (TARP) funds to repay.

On October 5, 2009, U. S. Bancorp to fund administration and accounting services division of Trust Management, Inc. acquisition on October 7, 2009 U.S. bank agreed to the bond trustee business and First Citizens Bank, a subsidiary of First Citizens Bancshares Inc. now on October 14, 2009 U. S. Bank to Nevada banking operations of BB & T Corp. on Oct. 20 agreed to purchase, completed in 2009, U. S. Bancorp, a transaction FBOP Corporation nine subsidiary banks by the FDIC purchase: BankUSA, National Association (AZ), California National Bank (CA), Citizens National Bank (TX) Community Bank of Lemont (IL), Madisonville State Bank ( TX), North Houston Bank (TX), Pacific National Bank (CA), Park National Bank (IL), and San Diego National Bank (CA). Banks are now sold in Texas.

On January 28, 2011 U. S. Bancorp acquired the assets and deposits of First Community Bank of New Mexico. This is the first entry in New Mexico, its 25th State.

Lines of Business Bank U.S
U. S. Bancorp operates four lines that individuals, businesses of all sizes, municipalities and other financial institutions serve.

U. S. Bancorp and its subsidiaries, including U. S. Bank, an extensive selection of the best financial products and services to individuals, businesses, nonprofit organizations, institutions and government agencies. U. S. Banking products and services are primarily distributed through four major divisions.

U.S. service guaranteed
Consumer Banking delivers products and services in the broad consumer market and small businesses and includes community banking, metropolitan banking, small business banking, consumer finance, mortgage company, workplace banking, banking student, 24-hour banking and investment and distribution of products insurance .

Wholesale Banking offers lending, depository, treasury management and other financial services to medium, large companies and institutions worldwide.

U. S. Bank Stats
U. S. Bancorp operates under the second oldest continuous national charter, the original Charter # 24, issued during the reign of Abraham Lincoln in 1863 after the adoption of the National Bank Act. Earlier statutes have expired, because the banks were closed or acquired, increasing U. S. Bank of # 24 to # 2

U. S. Bank has full service offices in more countries than any other bank.

U.S. bank in the financing of Charles Lindbergh historic flight across the Atlantic.

US bank card
U. S. Bank is the fifth largest check processor in the nation, handling 4 billion paper checks per year at 12 processing sites. Bank of air and ground attacks courier fleet moved 15 million checks per day.

Through its Payment Services division provides U. S. Bancorp's payment solutions and services for individuals and companies around the world.

Elavon, a wholly owned subsidiary of U. S. Bancorp provides merchant processing services worldwide.

These areas are also part of the Payment Services:

1. Corporate Payment Systems
2. Elavon: credit, debit, electronic checks, gift cards and merchant processing
3. Retail Payment Solutions: debit, credit, small businesses, gift and specialty
Card Insurrance
4. Healthcare Payment Solutions
5. Financial Institution Services

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