U.S. Bank Raises Prime Lending Rate to 5.00 Percent from 4.75 Percent Effective June 14, 2018
June 13 2018 - 6:00PM
Business Wire
U.S. Bancorp (NYSE:USB) announced it has raised its prime
lending rate to 5.00 percent from 4.75 percent, effective June 14,
2018 at all U.S. Bank locations.
U.S. Bancorp last announced a change in its prime lending rate
on March 21, 2018, when it was increased 25 basis points to 4.75
percent.
About U.S. BankU.S. Bancorp, with 74,000 employees and
$460 billion in assets as of March 31, 2018, is the parent company
of U.S. Bank, the fifth-largest bank in the United States. The
Minneapolis-based bank blends its branch and ATM network with
mobile and online tools that allow customers to bank how, when and
where they prefer. U.S. Bank is committed to serving its millions
of retail, business, wealth management, payment, commercial and
corporate, and investment services customers across the country and
around the world as a trusted financial partner, a commitment
recognized by the Ethisphere Institute naming the bank a 2018
World’s Most Ethical Company. Visit U.S. Bank online or follow on
social media to stay up to date with company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20180613006244/en/
U.S. Bank Investor RelationsJennifer Thompson,
612-303-0778jen.thompson@usbank.comorU.S. Bank Financial
CommunicationsStacey Wempen,
612-303-7620stacey.wempen@usbank.com
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