About U.S. Bank National Association
U.S. Bank National Association is the main subsidiary of U.S. Bancorp with over $590 Billion in consolidated assets. Based in Cincinnati, OH and Minneapolis, MN, U.S. Bank is a regional heavyweight across the Midwest and West Coast, offering commercial banking, payment services, corporate trust, and wealth management.
Financial Scale and Asset Performance
According to recent FDIC call report data, U.S. Bank National Association holds $590,460 Million in total consolidated assets, ranking it #5 out of more than 2,000 insured commercial banking institutions in the United States. Of its total holdings, $580,735 Million represent domestic U.S. deposits and investments, representing approximately 98% of its total balance sheet.
Branch Network & Regulatory Oversight
The bank currently maintains a domestic network of 2,207 retail banking centers across the United States. Under its NAT charter classification, U.S. Bank National Association is subject to primary supervisory examination by the Office of the Comptroller of the Currency (OCC) alongside FDIC insurance coverage for eligible deposit accounts up to $250,000 per depositor.
Key Profile Summary: U.S. Bank
- Official Legal Name: U S BK NA/U S BC
- National Asset Rank: #5
- Parent Holding Co: U S BC
- Primary Regulator: Office of the Comptroller of the Currency (OCC)
- Official Website: https://www.usbank.com