U.S. Bank National Association

Bank Information

Bank Name	U.S. Bank National Association
Bank Short Name	USB
Bank Type	Member Bank
Operating Country	USA
Number of Domestic Branches	2,498 branches (24 states) 4,841 ATM locations
Number of non-domestic Branches	Offering merchant credit/debit card services in 13 European countries.
Euro

Registered Address

U.S. Bank
800 Nicollet Mall; BC-MN-H20P
Minneapolis
Minnesota
MN 55402

Description

U.S. Bancorp is the parent of U.S. Bank. With assets of $221 billion, U.S. Bank is the 6th largest financial services holding company in the United States, and one of the top-ranked commercial banks, offering comprehensive banking, trust, card, merchant and treasury management services. Some distinguishing characteristics of our business include: #1 issuer of commercial bank cards #1 in the world in freight payment processing #3 merchant credit/debit card processor #5 treasury management provider #8 in ACH origination processing A leader in offering remote deposit capture service NOVA Information Systems, a wholly owned subsidiary of U.S. Bancorp, and their European affiliate, euroConex, and Elan provide global merchant processing services and integrated payment processing services to more than 1,000,000 merchants worldwide.

Contact Information

U.S. Bank website: www.usbank.com/treasurymanagement/contactus

Profile

As the 5th largest Treasury Management Services provider in the United States, U.S. Bank offers fully integrated payment solutions to meet the disbursement, collection, risk management and reporting needs of our business customers. Our services include innovative card-based programs, a state-of-the-art suite of electronic payment acceptance and check conversion products and a robust set of reporting and risk management tools to collect funds and pay for goods and services around the globe. Whether it’s checks, cash, credit or debit cards, telephone, online payments, wire transfer or ACH, we have a number of services to process your payments, accelerate their collection and deliver information to streamline receivables updating.

We offer a robust set of services to help manage every phase of the disbursements process with card, electronic and paper services to support routine purchases, travel and entertainment, vendors and suppliers, fleet fuel and multi-service aviation needs, and employee payroll. A number of flexible services are available to protect business accounts against check and electronic fraud.

Depository needs are managed through multiple channels with our branch network, ATMs, cash vault services and courier services as well as a variety of electronic collection alternatives. And our suite of online services enables customers to stay on top of key financial information and process transactions online.

Market Position

6th largest bank in assets among commercial banks in the U.S.

Rating

	Moody's	S&P	Fitch	DBRS
U.S. Bancorp Ratings as of Feb 2007:
Sr. Debt & MTNs	Aa2	AA	AA-	AA
Commercial Paper	P-1	A-1+	F1+	R-1(middle)

Membership of Clearings

NACHA, SWIFT, Fedwire.

Euro