U.S. Bancorp Lowers Prime Lending Rate

* Reuters is not responsible for the content in this press release.

Tue Jan 22, 2008 11:00am EST 

MINNEAPOLIS--(Business Wire)--U.S. Bancorp (NYSE: USB) announced it will lower its prime lending
rate to 6.50 percent from 7.25 percent, effective after the close of
business today, January 22, 2008, at all U.S. Bank locations.

   U.S. Bancorp last announced a change in its prime lending rate on
December 11, 2007, when it was decreased 25 basis points to 7.25
percent.

   U.S. Bancorp, with $238 billion in assets, is the parent company
of U.S. Bank, the 6th largest commercial bank in the United States.
The company operates 2,518 banking offices and 4,867 ATMs, and
provides a comprehensive line of banking, brokerage, insurance,
investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the web
at www.usbank.com.

U.S. Bancorp
Steve Dale (Media), 612-303-0784
or
Judy Murphy (Analysts), 612-303-0783

Copyright Business Wire 2008
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