U.S. Bank Raises Prime Lending Rate to 3.50 Percent from 3.25 Percent Effective December 17, 2015
December 16 2015 - 2:54PM
Business Wire
U.S. Bancorp (NYSE:USB) announced it has raised its prime
lending rate to 3.50 percent from 3.25 percent, effective tomorrow,
December 17, 2015, at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate
on December 16, 2008, when it was decreased 75 basis points to 3.25
percent.
About U.S. BankMinneapolis-based U.S.
Bancorp (NYSE: USB), with $416 billion in assets as
of September 30, 2015, is the parent company of U.S. Bank
National Association, the fifth largest commercial bank in the
United States. The Company operates 3,151 banking offices in 25
states and 5,001 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: http://www.businesswire.com/news/home/20151216006161/en/
U.S. Bank Corporate CommunicationsDana Ripley,
612-303-3167dana.ripley@usbank.comTwitter @usbank_news
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