MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 5.00 percent from 4.75 percent, effective June 14, 2018 at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate on March 21, 2018, when it was increased 25 basis points to 4.75 percent.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $460
billion in assets as of March 31, 2018, is the parent company of U.S.
Bank, the fifth-largest bank in the United States. The Minneapolis-based
bank blends its branch and ATM network with mobile and online tools that
allow customers to bank how, when and where they prefer. U.S. Bank is
committed to serving its millions of retail, business, wealth
management, payment, commercial and corporate, and investment services
customers across the country and around the world as a trusted financial
partner, a commitment recognized by the Ethisphere Institute naming the
bank a 2018
World’s Most Ethical Company. Visit U.S. Bank online
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