U.S. Bank Increases Prime Lending Rate to 3.50 Percent
March 16 2022 - 5:30PM
Business Wire
U.S. Bancorp (NYSE:USB) announced it has increased its prime
lending rate to 3.50 percent from 3.25 percent, effective tomorrow,
March 17, 2022, at all U.S. Bank locations.
About U.S. Bancorp:
U.S. Bancorp, with nearly 70,000 employees and $573 billion in
assets as of December 31, 2021, is the parent company of U.S. Bank
National Association. The Minneapolis-based company serves millions
of customers locally, nationally and globally through a diversified
mix of businesses: Consumer and Business Banking; Payment Services;
Corporate & Commercial Banking; and Wealth Management and
Investment Services. The company has been recognized for its
approach to digital innovation, social responsibility, and customer
service, including being named one of the 2021 World’s Most Ethical
Companies and Fortune’s most admired superregional bank. Learn more
at usbank.com/about.
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version on businesswire.com: https://www.businesswire.com/news/home/20220316006039/en/
Investor contact: Jennifer Thompson, U.S. Bancorp Investor
Relations – 612.303.0778; jen.thompson@usbank.com
Media contact: Jeff Shelman, U.S. Bancorp Public Affairs and
Communications – 612.303.9933; jeffrey.shelman@usbank.com
US Bancorp (NYSE:USB)
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