US Bank 2010 Annual Report Download - page 2
Download and view the complete annual report
Please find page 2 of the 2010 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.-
1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
 |
 |
National
Wholesale Banking & Trust Services
International
Payments
Regional
Consumer & Business Banking
& Wealth Management
U.S. BANCORP AT A GLANCE
Ranking U.S. Bank is 5th largest
U.S. commercial bank
Asset size $308 billion
Deposits $204 billion
Loans $197 billion
Customers 17 million
Bank branches 3,031
ATMs 5,310
9%
43%
20%
28%
Sustainability
This annual report was printed at Hennegan, a company committed
to sustaining a healthy and safe environment by exceeding regulatory
and environmental requirements as defi ned by local, state and federal
government. Their environmental initiatives focus on:
• Reducing volatile organic compound emissions, energy and water use.
• Recycling chemical and paper waste.
• Sourcing environmentally preferable products.
The paper utilized in this annual report is certifi ed by SmartWood, a program
of the Rainforest Alliance, to the FSC® standards and contains a minimum
of 10% post-consumer recycled paper fi bers. The narrative and fi nancial
sections contain 30% post-consumer recycled paper fi bers.
Consumer and Small Business Banking
Our commitment to outstanding customer service, plus more
than 3,000 convenient banking offi ces throughout 25 states
and great online access make us the bank of choice for millions
of customers. U.S. Bank supports the individuals, families and
businesses of our nation with quality products and services.
Wholesale Banking and Commercial Real Estate
U.S. Bank is helping to drive a recovering economy through
wide-ranging fi nancial services and capital access for large and
middle market businesses, fi nancial institutions, public sector
clients, builders and developers of companies and communities
and corporate America.
Wealth Management and Securities Services
Our Wealth Management advisors guide our clients in
building, managing and protecting the wealth they’ve earned.
Our Securities Services business is a top-tier provider of
Corporate Trust services and serves businesses, fi nancial
institutions, government entities and other clients with a full
menu of services and industry-leading capabilities.
Payment Services
We offer merchant processing and card issuance for a wide
variety of cards, companies, government agencies and agent
banks. Our subsidiary Elavon is a leading global provider of
merchant acquiring services, providing integrated payment
processing to more than a million merchants through relationships
with fi nancial institutions, associations and other partners.
2010 REVENUE
Payment services and
merchant processing International
Wholesale banking
and trust services National
Consumer and
business banking Regional
NYSE symbol USB
At year end December 31, 2010
BUSINESS SCOPE
(1,1) -2- 6549_US_Bank_cover_IDCS5.indd 2/28/11 2:45 PM
(1,1) -2- 6549_US_Bank_cover_IDCS5.indd 2/28/11 2:45 PM