U.S. Bank Raises Prime Lending Rate to 4.75 Percent from 4.50 Percent Effective March 22, 2018
March 21 2018 - 6:03PM
Business Wire
U.S. Bancorp (NYSE:USB) announced it has raised its prime
lending rate to 4.75 percent from 4.50 percent, effective tomorrow,
March 22, 2018, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate
on December 13, 2017, when it was increased 25 basis points to 4.50
percent.
About U.S. BankMinneapolis-based U.S. Bancorp (NYSE:
USB), with $462 billion in assets as of December 31, 2017, is the
parent company of U.S. Bank National Association, the fifth largest
commercial bank in the United States. The Company operates 3,067
banking offices in 25 states and 4,771 ATMs, and provides a
comprehensive line of banking, investment, mortgage, trust and
payment services products to consumers, businesses and
institutions. Visit U.S. Bancorp on the web at www.usbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180321006240/en/
Jennifer 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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