U.S. Bancorp · Minneapolis, MN United States · (NYSE: USB)
Company Description
Phone: 651-466-3000
Fax: 612-303-0782
Toll Free: 800-872-2657
Rankings
- #163 in FT Global 500
- #129 in FORTUNE 500
- S&P 500
More Companies in: Minneapolis, Minnesota
More Companies in These Related Industries: Insurance Agencies & Brokerages, Export Import Banking, Commercial Banking, Mortgage Banking, Investment Services
View U.S. Bancorp Locations On A US Map
This link will open in a new window
This link will open in a new window Not quite a bank for the entire US, U.S. Bancorp has more than 2,900 locations and 5,000 branded ATMs in two-dozen midwestern and western states. The bank holding company, one of the 10 largest in the country, owns U.S. Bank and other subsidiaries that provide consumer and commercial banking, as well as credit card and ATM processing, mutual funds, mortgage banking, brokerage, wealth management, equipment leasing, trust services, corporate payments, and insurance. In 2009 the company acquired the nine banking subsidiaries of the failed FBOP Corporation ; the FDIC -assisted transaction added some 150 locations in Arizona, California, Illinois, and Texas to U.S. Bank's network. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
U.S. Bancorp Reports
No subscription, no problem.
Download presentation-ready reports for this company now.
Download presentation-ready reports for this company now.
From company profiles to the competitive landscape, Hoover’s offers immediate access to individual reports.
Key U.S. Bancorp Financials
| Company Type | Public - NYSE: USB Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 58,229 |
U.S. Bancorp Executives
101 executives listed for U.S. Bancorp's Minneapolis, MN location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Richard Davis | |
| Vice Chairman and CFO | Andrew Cecere | |
| Vice Chairman | Joseph Hoesley |
Competition
Competitive Landscape for U.S. Bancorp
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top U.S. Bancorp Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!