U.S. Bank Honors Military Veteran and Active Duty Employees on November 10

Welcomes 2013 Medal of Honor recipient Clint Romesha, announces
$100,000 sponsorship of the Medal of Honor Convention

MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank welcomed Medal of Honor recipient Clinton (“Clint”) Romesha to
Minneapolis on Tuesday, Nov. 10 as the company paused to honor its
military veterans and active duty employees in recognition of Veterans
Day.

Richard Davis, chairman, president and chief executive officer of U.S.
Bancorp, has hosted an annual Veterans Day call for the past 7 years.
The call is tied to the company’s Proud to Serve group, which manages
all of the ways that U.S. Bank supports, respects and gives back to the
men and women of the armed services. Richard (“Dick”) Payne co-hosted
the call. Payne is a veteran, vice chairman and co-founder of Proud to
Serve at U.S. Bank.

“This day of honor and respect for our brave military personnel is
special to U.S. Bank because every employee in our company knows the
lengths to which these men and women have sacrificed for our safety and
freedom,” Davis said. “It is an honor and a pleasure to say ‘thank you,’
to celebrate these American heroes and to introduce new ways in which
U.S. Bank is supporting veterans.”

Medal of Honor
Romesha, who today lives in North Dakota with
his family, was given the Medal of Honor in 2013 for his acts of bravery
during a Taliban attack in Afghanistan in 2009. Romesha risked his own
life to organize his unit’s defenses and counter attack during an 8-hour
barrage. He shared his story with U.S. Bank employees during the
Veterans Day call.

This year, U.S. Bank announced its $100,000 sponsorship of the Medal of
Honor Convention, which will be held in Minneapolis in the fall of 2016.

Business Resource Groups
U.S. Bank has launched three new
chapters of the Proud to Serve Business Resource Group (BRG) in
Cincinnati, Milwaukee and the Twin Cities. Proud to Serve BRGs are
employee-led and provide valuable business input, opportunities to
volunteer with military service organizations and opportunities to
attend professional development seminars.

In October, U.S. Bank Proud to Serve placed 4th out of more
than 500 applicants in the Association of Employee Resource Groups &
Councils Honors Award program. The ERG & Councils Honors Award
recognizes outstanding employee resource groups and diversity councils
at companies across the country.

More than 1,700 military veterans work at U.S. Bank today. The company
hired more than 340 veterans in 2015 through Bankers in Boots, its
veteran hiring initiative. Each veteran hired is personally welcomed by
the U.S. Bank Global Inclusion and Diversity team, a designated military
recruiter and a member of the Proud to Serve Steering Committee.

In addition, this year U.S. Bank:

  • donated homes to wounded veterans and their families in Apopka,
    Florida and Washougal, Washington; the next home will be donated to a
    wounded veteran on November 18 in La Grange, Kentucky (total now
    stands at 10 since 2013);
  • added an employee volunteer program to teach financial education and
    job-search skills to veterans;
  • offered credit card customers a way to donate points to Honor Flight,
    a nonprofit organization that transports veterans to Washington, D.C.,
    to visit their war memorials;
  • began tracking partnerships with veteran-owned businesses as part of
    its supplier diversity program; and
  • this holiday season, employees are collecting supplies and sending
    holiday cards to deployed troops.

U.S. Bancorp (NYSE: USB), with $416 billion in assets as of September
30, 2015, is the parent company of U.S. Bank, the fifth-largest
commercial bank in the United States. The company operates 3,151 banking
offices in 25 states and 5,001 ATMs, and provides a comprehensive line
of banking, investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

Contacts

U.S. Bank Corporate Communications
Teri Charest, 612-303-0732
teri.charest@usbank.com