U.S. Bank Raises Prime Lending Rate to 4.25 Percent from 4.00 Percent Effective June 15, 2017
June 14 2017 - 03:11PM
Business Wire
U.S. Bancorp (NYSE:USB) announced it has raised its prime
lending rate to 4.25 percent from 4.00 percent, effective tomorrow,
June 15, 2017, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate
on March 15, 2017, when it was increased 25 basis points to 4.00
percent.
About U.S. BankMinneapolis-based U.S. Bancorp (NYSE:
USB), with $450 billion in assets as of March 31, 2017, is the
parent company of U.S. Bank National Association, the fifth-largest
commercial bank in the United States. The company operates 3,091
banking offices in 25 states and 4,838 ATMs and provides a
comprehensive line of banking, investment, mortgage, trust and
payment services products to consumers, businesses and
institutions. www.usbank.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170614006082/en/
U.S. BancorpJennifer Thompson, 612-303-0778U.S. Bank Investor
Relationsjen.thompson@usbank.comorStacey Wempen, 612-303-7620U.S.
Bank Financial Communicationsstacey.wempen@usbank.comTwitter
@usbank_news
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