US Bank 2003 Annual Report Download - page 12
Download and view the complete annual report
Please find page 12 of the 2003 US Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.WE ARE NOW FOCUSED SOLELY ON GROWING U.S. BANCORP
BY LEVERAGING THE BREADTH AND DEPTH OF
THE POWERFUL FRANCHISE WE HAVE BUILT
Distribution channels deliver anytimeaccess.Our distribution
channels—including 2,243 branch bankingoffices in 24 states, 4,425 U.S. Bank
ATMs,24-hour call center service, U.S. BankInternetBankingand specialized
trust,brokerageand homemortgageoffices—formthe foundation ofour powerful
presence in manyofthe country’shigh-growth,diversifiedmarkets.Our growing
branch networkoperates in three strategicallysegmentedformats.Community
Bankingdelivers our full rangeofproducts and services in smaller,non-urban
communities throughthe local office.MetropolitanBankingserves branch customers
in largerand urbanlocations asaseparatelineofbusiness throughpartnershipswith
all businesses ofthe bank. Our highlysuccessfulIn-storeBankingoperates branches
insidegrocerystores,collegesand universities,workplaces,retirement centers and
otherhigh-trafficlocations.
U.S. Bancorp strategically invests in the distribution
channels, lines of business and markets withhigh
potential for growth.These investments take full
advantage of theexisting resources, capabilities and
national platformswehavebuilt, enhancing ourcore
geography and increasing customer conveniencewith
moderate expenditure and lowrisk to thecompany.
investing in
distribution and scale
MetropolitanBranchBanking
&CommunityBanking
CommercialBanking
Branch Banking and Specialized Services/Offices
CorporateBanking
U.S.BancorpOperationsandSupportCentersPrivateClient,Trust&AssetManagement
ConsumerBanking
PaymentServices
CANADA
•Leading depository bank for federal,
state and municipal governments
•Leading correspondent banking
depository for community banks
•Top 2agricultural lender
•Top 6bank-owned equipment
leasing company
•Top 7treasury management provider
•Top 2Small Business Administration
(SBA)bank lender by loan dollar volume
•Top 3small business lender
•Top 4Small Business Internet
Banking site as rated by Speer
and Associates
•Top 3merchant payment processor
•#1commercial card issuer
•Top 2corporate card provider
•Top 2fleet card provider
•Top 2freight payment provider
•Top 2bank-owned ATMnetwork
•Top 12ATMnetwork through
Fastbank, owned by Elan Financial
Services
•Top 5checkprocessor
•Top 7U.S. credit and debit card
issuer in total sales volume
•Top 8worldwide credit and debit
card issuer in total sales volume
•Top 7in ATMvolume
•Top 9ATMprocessor
•Processor of 7%of all ATM/debit
point of sale transactions in theU.S.
•Processor of ATM/debit/credit
transactions for more than
21%of all banks in theU.S.
•#1municipal financetrustee
•Top 5in corporate, asset-backed
and mortgage-backed bond issues
•Top 5bank-affiliated U.S. mutual fund
family throughFirst American Funds
•Top 5full-service, third-party
provider of mutual fund services
•Top 6bank provider of
recordkeeping by assets
•Top 11 domesticbank securities
custodian
•Private Client Grouphas $68.2
billion in assets under administration
•U.S. Bancorp Asset Management
has more than $127.7billion in
assets under management*;
ranks as the37thlargest asset
manager domiciled in theU.S.
•First American Funds family
includes open-end funds with
assets of more than $57.6billion*
•Anumber of First American Funds
products havereceived notable
recognition fromboththird-party
rating and ranking agencies
•#1Retail Internet Banking site as
rated by Speer and Associates
•#1retail auto lessor
•Top 3in-store branchnetwork
•Top 4branchnetwork
•Top 6bank dealer indirectconsumer
loan provider
•Top 9student loan provider
•Top 20U.S. homemortgage lender
•U.S. Bank Consumer Financehas
more than $6billion in loan receivables
strengthin numbers
*Assets are as of December 31, 2003, and reflect U.S. Bancorp Asset Management, Inc., and its affiliated private asset management group within U.S. Bank
National Association. Investment products, including shares of mutual funds, are not obligations of, or guaranteed by, anybank, including U.S. Bank or any
U.S. Bancorp affiliate, nor are theyinsured bythe Federal Deposit Insurance Corporation, the Federal Reserve Board or anyother agency. An investment in
such products involves investment risk, including possible loss of principal. U.S. Bancorp Asset Management, Inc., serves as the investment advisor to
First American Funds. First American Funds are distributed byQuasar Distributors, LLC, an affiliate of the investment advisor.