U.S. Bank Names New Healthcare Solutions Executive

MINNEAPOLIS--(Business Wire)--
U.S. Bank has named Ralph Bernstein senior vice president of
healthcare solutions. In his newly created position, Bernstein will
manage U.S. Bank's new healthcare solutions business that includes
savings and payment products and services for consumers, healthcare
providers, and health insurers. He is based in Minneapolis.

Bernstein has more than 20 years of experience in the financial
services and healthcare industries, including payments, credit and
debit, and international banking. Prior to joining U.S. Bank, he
served as vice president of card solutions for Exante Financial
Services, a division of UnitedHealth Group, and as principal of RS3
Solutions, Inc. a healthcare, banking and payments consulting firm.

"Ralph's experience and knowledge make him the ideal choice for
this new and very critical position," said Pamela Joseph, vice
chairman for payment services at U.S. Bancorp. "We continue to see the
convergence of financial services and healthcare and it was critical
that we found someone with a keen understanding of both industries."

Bernstein rejoins U.S. Bank where he served as vice president of
emerging products and markets for the Corporate Payment Systems group
from 1996 to 1999. He has also held leadership positions with
LumenSoft USA, Gelco Expense Network, and Electronic Data Systems. His
background includes management positions in credit and debit card
issuing, product development and management, sales, operations, and
finance.

Bernstein earned a bachelor's degree in marketing from the College
of Notre Dame in Maryland, and is a graduate of the Baccalaureate
program of the graduate school of the City University of New York. He
currently serves on the board of Jewish Community Action in St. Paul,
Minn., and served for seven years as a trustee, treasurer, and vice
president of Bet Shalom Congregation in Minnetonka, Minn. A native of
New York City, Bernstein now lives in Minnetonka with his wife and two
sons.

U.S. Bancorp (NYSE:USB), with $247 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States. The company operates 2,542 banking offices and 4,895
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. Bank Media Relations
Teri Charest, 612-303-0732
teri.charest@usbank.com

Copyright Business Wire 2008