U.S. Bank Increases Prime Lending Rate to 7.00 Percent
November 02 2022 - 5:30PM
Business Wire
U.S. Bancorp (NYSE: USB) announced it has increased its prime
lending rate to 7.00 percent from 6.25 percent, effective tomorrow,
November 3, 2022, at all U.S. Bank locations.
About U.S. Bancorp:
U.S. Bancorp with nearly 70,000 employees and $601 billion in
assets as of September 30, 2022, 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. Learn more at usbank.com/about.
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version on businesswire.com: https://www.businesswire.com/news/home/20221102006059/en/
Investor contact: George Andersen, Director of Investor
Relations, U.S. Bancorp Investor Relations – 612.303.3620,
george.andersen@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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